Tag Archives: Sofi

The S&P 500 (^GSPC) opened lower on Tuesday thanks to a decline in tech stocks and concerns about when the Federal Reserve will start cutting rates. It’s a different story for bitcoin (BTC-USD), however, with the cryptocurrency notching a new all-time high. Alibaba (BABA) shares are on the move. The Chinese internet giant is one of the companies investing in Chinese AI startup MiniMax, according to a report from Bloomberg. Stitch Fix (SFIX) shares are trading lower after posting a… Source link

For SoFi CEO Anthony Noto, the topic of excessive student loan debt is personal and runs far deeper than him being CEO of a fintech company that refinances student loans. “My younger brother Tommy died in 2018, and it was a very traumatic experience for us as a family. My older brother and I were going through his belongings in his apartment a couple days after he passed away. On his desk was a letter from Mohela. I opened up that letter [from] a 47-year-old man who had been incredibly… Source link

INGLEWOOD, Calif. — Walk around SoFi Stadium before Sunday’s NFC championship game, and it’s easy to forget who the home team is. A sea of red-clad San Francisco 49ers fans poured into parking lots a few hours before kickoff despite the Rams’ best efforts all week to protect their home-field advantage. One carload of 49ers supporters honked their horn and waved team gear out their windows as they approached the stadium. Other big groups of 49ers fans posed for pictures in front of the… Source link

When the Green Bay Packers lost on Saturday, the Los Angeles Rams’ sales department was ready.  Saturday’s result ensured that the winner of Sunday’s NFC divisional round playoff game between the Rams and Tampa Bay Buccaneers would host the NFC championship game. In a show of optimism, the Rams were promoting ticket sales on Sunday morning. With one caveat.  No 49ers fans allowed. At least the ones who live in San Francisco — or anywhere else outside of Los Angeles. Facing the prospect of… Source link

Text size With U.S. stock markets set to open in two hours, … Source link

After going through a combination of lockup expiry and uneventful earnings in August, SoFi Technologies, Inc. (NASDAQ: SOFI) held the line at US$14 level. While the stock is still struggling to break above US$16, we can probably agree that it is doing better than expected. Yet, in the face of the latest rating, we will examine our take on the intrinsic value through the discounted cash flow (DCF) method. Check out our latest analysis for SoFi Technologies The Latest Outlook With the worst,… Source link

By Dhirendra Tripathi Investing.com – SoFi Technologies stock (NASDAQ:SOFI) slumped 14% Friday after a second quarter loss that was wider than expected. The fintech reiterated its 2021 outlook. For the full-year, it forecasts adjusted net revenue of $980 million and adjusted earnings before interest, taxes, depreciation and amortization of $27 million. The company has already logged $453.25 million in revenue in the first six months of the year. Its second-quarter adjusted net revenue jumped… Source link