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SoFi Doubles Down on AI Despite Market Pullback
Bloomberg7d agoneutralVIDEO
SoFi Doubles Down on AI Despite Market Pullback

SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on "Bloomberg Tech."

SoFi Technologies Q2 Earnings Call Highlights
MarketBeat7d agoneutral
SoFi Technologies Q2 Earnings Call Highlights

SoFi Technologies (NASDAQ:SOFI) reported second-quarter 2026 results marked by 40% year-over-year adjusted net revenue growth, record loan originations and continued growth in members and products, while raising its full-year revenue outlook. Adjusted net revenue rose to $1.2 billion in the quarter

SoFi lifts 2026 revenue forecast as member growth, new loans hit records
Reuters7d agoneutral
SoFi lifts 2026 revenue forecast as member growth, new loans hit records

Fintech SoFi raised its 2026 revenue growth forecast above Wall Street expectations on Wednesday after posting a ‌market-beating second quarter, driven by record member growth and loan originations. Despite ‌an uncertain macroeconomic environment, elevated interest rates and high costs of living, credit quality has been ​stable thanks to resilient borrowers, allowing consumer lenders to continue growing their loan books and interest income. Fintech firms such as SoFi have emerged as credible challengers to traditional banking heavyweights.

SoFi (SOFI) Brings SpaceX IPO Access As Big Bank Earnings Support Lending
Simply Wall St.13d agoneutral
SoFi (SOFI) Brings SpaceX IPO Access As Big Bank Earnings Support Lending

Major U.S. banks recently reported strong earnings, signaling resilient credit and deposit activity across the sector. SoFi Technologies (NasdaqGS:SOFI) is drawing attention for its involvement in providing retail access to the highly anticipated SpaceX IPO. These developments spotlight both the health of core banking activity and the distinct features of SoFi’s retail investing platform. For SoFi Technologies, which combines digital banking, lending, and investing under one platform,...

Charles Schwab Q2 Earnings Call Highlights
MarketBeat15d agoneutral
Charles Schwab Q2 Earnings Call Highlights

Charles Schwab (NYSE:SCHW) executives said the company delivered record second-quarter results as client asset gathering, trading activity, lending demand and wealth management flows all strengthened. President and CEO Rick Wurster said Schwab is benefiting from a financial services landscape that

Bloomberg30d agoneutral
Trump Rings Opening Bell From Oval Office to Mark Trump Accounts

(Bloomberg) -- President Donald Trump rang the opening bell for the New York Stock Exchange and the Nasdaq from the Oval Office on Monday, a celebratory event to mark the launch of Trump Accounts, a new investment vehicle for children.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From Motorists

SoFi Makes Major AI Investing Move
TheStreet42d agoneutral
SoFi Makes Major AI Investing Move

SoFi acquired Composer and is launching an artificial intelligence-powered investing platform.The tool helps users create, test, and automate trading strategies using everyday language.The move adds to a growing fintech race to keep retail investors engaged with AI tools. SoFi Technologies (SOFI) ...

Reuters43d agoneutral
SoFi deepens AI-powered trading ambitions with Composer deal

Financial services firm SoFi said on Tuesday it has bought Composer, an AI startup that helps retail investors build ‌and execute sophisticated trading strategies that have long been the preserve of ‌Wall Street firms. While commission-free trading has made it easier for individual investors to buy and sell stocks, ​access to sophisticated systematic investing tools has remained largely concentrated among hedge funds and institutional firms even in recent years. SoFi is betting that AI can help close that gap by allowing mom-and-pop investors to build and test complex trading strategies with little to ‌no coding or specialized AI ⁠prompting expertise.

Bloomberg50d agoneutral
SpaceX Investors at US Retail Brokers Got at Least One IPO Share

(Bloomberg) -- Customers at some of the largest retail brokerage firms in the US each received at least a single share in SpaceX’s $86.2 billion IPO, underscoring how the offering was designed to give individual investors a sizable role.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsStudios in Microsoft’s Xbox Division Brace for ClosuresIran Signals No Deal Will Be Signed by Trump’s Sunday Timeli