News
SOFIW
5.50
+1.10%
0.06
BUZZ-Payment, fintech stocks sag after hot inflation report
Payment, consumer-facing firms fall premarket after higher than expected inflation report. Consumer price index increased 3.5% in past 12 months through March. Major credit card companies and fintechs drop premarket. Equity futures signaling Wall Street set for steep losses on Weds.
Reuters · 04/10 13:25
SOFI TECHNOLOGIES INC <SOFI.O>: CITIGROUP RESUMES COVERAGE WITH BUY RATING; PRICE TARGET $11
Reuters · 04/09 10:09
BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Arch Capital, US energy sector
Wall Street's main stock indexes rose on Friday after a strong jobs report. Top three S&P 500 percentage gainers: Constellation Energy, Newmont and GE Aerospace. The top three NYSE percentage losers: Tesla, Arch Capital and Carnival. Arch Capital up on $450 million deal to buy some US insurance businesses.
Reuters · 04/05 17:56
BUZZ-U.S. STOCKS ON THE MOVE-Trump Media & Technology, gold miners, Tesla
Wall Street's main stock indexes rose on Friday after stronger-than-expected March jobs data. The Dow Jones Industrial Average was up 0.89% and the S&P 500 was up 1.15%. Trump Media & Technology, gold miners, Tesla are among the day's losers.
Reuters · 04/05 16:07
BUZZ-U.S. STOCKS ON THE MOVE-Krispy Kreme, GCT Semiconductor, crypto stocks
U.S. Stock index futures gain on Friday. Dow e-minis up 0.14% ahead of key jobs report. Krispy Kreme, GCT Semiconductor and SoFi Technologies are among the top percentage gainers. The top two NYSE percentage losers premarket were Carnival and Halliburton.
Reuters · 04/05 13:18
BUZZ-U.S. STOCKS ON THE MOVE-Grindrod Shipping, Shockwave Medical, Krispy Kreme
U.S. Stock index futures rose on Friday. Dow e-minis were up 0.20% ahead of a key jobs report. Grindrod Shipping, Shockwave Medical, Krispy Kreme are among the top stocks on the day. The top three NYSE percentage losers were Grindrod shipping, GCT Semiconductor.
Reuters · 04/05 11:41
BUZZ-KBW upgrades SoFi to 'market perform' on limited downside
KBW upgrades SoFi Technologies SOFI.O to "market perform" from "underperform" Raises PT to $7.50 from $6.50, a 2.6% upside to the last close. KBW says it finds the downside limited at the fintech firm.
Reuters · 04/05 11:08
SOFI TECHNOLOGIES INC <SOFI.O>: KBW RAISES TO MARKET PERFORM FROM UNDERPERFORM
Reuters · 04/05 05:41
SOFI TECHNOLOGIES INC <SOFI.O>: NEEDHAM INITIATES COVERAGE WITH BUY RATING; TARGET PRICE $10
Reuters · 04/03 10:23
BUZZ-U.S. STOCKS ON THE MOVE-Silver miners, Albemarle, Pfizer
Federal Reserve Chair Jerome Powell says central bank expects to reduce benchmark interest rate later this year. The Dow Jones Industrial Average was up 0.28% at 38,694.64. Top three S&P 500 percentage gainers: Albemarle, DexCom, Pfizer.
Reuters · 03/06 19:09
BUZZ-U.S. STOCKS ON THE MOVE-Couchbase, Foot Locker, Nordstrom
Federal Reserve Chair Jerome Powell says central bank expects to reduce benchmark interest rate later this year. The Dow Jones Industrial Average was up 0.38% at 38,731.02. The top three S&P 500 percentage gainers were Hewlett Packard, Box and Nordstrom. Nordstrom, Couchbase and Ross Stores were among the biggest losers.
Reuters · 03/06 16:30
BUZZ-U.S. STOCKS ON THE MOVE-CrowdStrike, SoFi Technologies, JD.com
U.S. Stock index futures rise on Wednesday as investors await testimony by Jerome Powell before Congress. Dow e-minis were up 0.24% at 38,698.5. JD.com up 11.2% in premarket trading. CrowdStrike, SoFi Technologies, Ross Stores among the top stocks on the move.
Reuters · 03/06 12:17
BUZZ-SoFi Technologies bounces from over 6-week lows as ARK ramps up buying
Shares of trading app SoFi Technologies SOFI.O up 3.2% at $418.01 premarket after a sharp slump on Tuesday. SoFi tumbled 15% on Tuesday after announcing plans to offer $750 mln of convertible debt. Popular investor ARK Invest ramps up buying of SoFi shares.
Reuters · 03/06 10:37
BUZZ-U.S. STOCKS ON THE MOVE-Nasdaq, Albemarle, Haemonetics
Dow Jones Industrial Average was down 0.72% at 38,708.35. Top three S&P 500 percentage gainers: Target, DaVita, Haemonetics. Apple and Tesla weighed on the Nasdaq. Apple down 2.7% as sales of iPhones fall in China.
Reuters · 03/05 19:01
BUZZ-SoFi shares fall on planned convertible debt offering
Shares of trading app SoFi Technologies fall as much as 13.1% to lowest since Jan. 19. Co says it is planning to offer $750 mln of convertible debt to institutional buyers in a private offering. Shares of SoFi fall to their lowest since January 19.
Reuters · 03/05 17:40
BUZZ-U.S. STOCKS ON THE MOVE-AeroVironment, Tesla, GitLab
Dow Jones Industrial Average was down 0.60% on Tuesday. Top three S&P 500 percentage gainers: Target, DaVita. The top three Nasdaq percentage losers: Apple, AeroVironment, GitLab. Wall Street fell on Tuesday, with weakness in growth stocks weighing on the Nasdaq.
Reuters · 03/05 16:43
BUZZ-SoFi falls on planned convertible debt offering
Shares of trading app SoFi Technologies SOFI.O fall 8.3% to $7.87 before the bell. Co says it is planning to offer $750 million of convertible debt. Stock on course to hit lowest in over three weeks. SoFi is a crucial form of financing for younger startups.
Reuters · 03/05 13:58
BREAKINGVIEWS-Reddit loves users, so it’s giving itself a deal
Reddit plans to reserve IPO shares for loyal visitors. A tactic enlisted by the maker of Sam Adams beer and trading firm Robinhood. So-called “affinity programs” are risky, but may help Reddit get the valuation it wants. Robinhood set aside one-third of its IPO for retail investors.
Reuters · 02/26 15:07
Forget Risky High Yield Stocks: 12 Option Trades With Double-Digit Yield Potential
Seeking Alpha · 02/02 12:30
US STOCKS-S&P 500 hits fresh closing high ahead of Fed meeting, big tech earnings
S&P 500 hits fresh closing high ahead of Fed meeting, big tech earnings. All three major U.S. Stock indexes advance; Nasdaq hits record closing high. BlackRock raises its overall US stocks view to "overweight" from "neutral" Federal Reserve's monetary policy meeting is scheduled for Tuesday.
Reuters · 01/29 21:27
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About SOFIW
SoFi Technologies, Inc., formerly Social Capital Hedosophia Holdings Corp. V, is a member-centric, digital financial services company. The Company allows members to borrow, save, spend, invest and protect their money. The Company has developed a financial services platform to offer products to members and meet their financial needs. The Company operates through three segments; Lending, Financial Services, and Technology Platform. Its Lending segment offers multiple loan products, such as student loans, personal loans and home loans. Its Financial Services provides financial service solutions, including cash management and investment services across its SoFi Money, SoFi Invest, SoFi Credit Card and SoFi Relay products. Its Technology Platform operates Technology Platform Services (Galileo) and Clearing Brokerage Services (Apex). The Company's mobile application is available on iOS and Android.