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2023-10-05 09:38:52 ET Summary Shorting Sofi Technologies above $10 makes sense due to its exuberant valuation in uncertain macro times. SOFI revenue growth is likely to stall in 2024. AFS accounting treatment creates revenue headwinds. It also means that SOFI has smaller ...
Banks and fintechs working with Galileo can now provide responsible, intelligent installment financing options for SMBs seeking more flexibility for big purchases Galileo Financial Technologies, LLC , a leading financial technology company owned and operated independently by SoF...
2023-10-04 13:44:55 ET Summary SoFi Technologies stock has underperformed the broader financial sector with declines in recent months, which is a divergence from its relative strength on a year-to-date basis. Despite a solid Q2 beat-and-raise, and resuming student loan repayments ...
2023-10-04 08:49:46 ET More on Student Loans Wells Fargo sees relatively contained impact from restart of student loan payments SoFi: Why I'm Buying Here Student loan payments resume. What does it mean for the economy? Student loan repayments to start up in O...
SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the third quarter of 2023 on Monday, October 30, 2023, at 8 a.m. Eastern Time. SoFi also plans to release its third quarter ...
2023-10-02 13:31:48 ET Wells Fargo believes that the resumption of student loan payments in the U.S. should be a relatively contained headwind. On Sunday, a pause in student loan payments for over three years due to the COVID-19 pandemic came to an end, with interest beginning to accrue...
2023-10-02 07:22:51 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . For further details see: Wall Street Breakfast: Payments Resume
2023-10-02 07:17:00 ET Despite the regional banking crisis that rattled markets and the economy earlier this year, SoFi Technologies (NASDAQ: SOFI) has been a notable winner. Its shares are up 68% this year (as of Sept. 28), even though they have come down significantly si...
2023-10-02 06:52:40 ET Summary Student loan payments are resuming, putting a strain on borrowers' wallets and potentially impacting discretionary spending. Tesla has rolled out an updated version of its car in China, with improved features, but the starting price remains unchanged...
2023-10-02 06:16:53 ET Millions of Americans will start making payments again on their federal student loans, after a pandemic-era pause for over three years ended on Sunday, fanning concerns of the spillover effects on the U.S. economy. Interest began accruing on loans again on Se...
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2024-07-27 18:02:00 ET Despite the rally in the broader market, SoFi Technologies (NASDAQ: SOFI) has struggled to keep pace and is down 24% year to date. The company has had a rough time since going public in 2020 and remains 73% below its all-time high. There are good reasons f...
2024-07-27 07:30:00 ET In this video, I will go over my second-quarter SoFi Technologies (NASDAQ: SOFI) earnings prediction and let you know what Wall Street expects. *Stock prices used were from the trading day of July 26, 2024. The video was published on July 26, 2024. ...
2024-07-27 04:12:00 ET The last few years have been rough for SoFi Technologies (NASDAQ: SOFI) investors. 2024 isn't going much better. The financial technology (fintech) and online banking upstart is down around 20% year to date while the S&P 500 index soars in the U.S. Ind...