It fell 13% after the report.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Morgan Stanley lowered the price target on SoFi to $15 from $16 and maintained an ‘Underweight’ rating on the shares, saying that while the Q2 revenue beat by 7%, growth is becoming more capital intensive.
SoFi delivered strong member growth in the second quarter.
SoFi crushed revenue estimates and raised its top-line outlook, yet shares cratered 10% anyway as sellers zeroed in on one number management refused to budge on.
SoFi Technologies announced a multi-year partnership with Notre Dame Athletics as the department's official financial services partner.
If management can show that growth is reaccelerating in this metric, it could restore investors’ confidence and potentially drive the stock higher after earnings.
This is important information if you plan to buy at the IPO.
There are various investment funds that hold pre-IPO shares of Elon Musk's rocket company; and plenty more will automatically buy the stock days after it goes public.
SpaceX is allocating a sizeable portion of its available IPO shares to retail investors via select brokerages.
SpaceX is preparing for a historic stock market debut. Here's what to know about buying IPO shares, brokerage qualifications, allocation rules, and other ways to benefit.
The brokerage giant is letting customers with as little as $2,000 in a trading account submit offers to buy SpaceX at the IPO price.
SpaceX IPO shares are expected to be available through Fidelity, E-Trade, Robinhood, Charles Schwab, and SoFi, but allocations aren’t guaranteed.
SpaceX IPO shares are expected to be available through Fidelity, E-Trade, Robinhood, Charles Schwab, and SoFi, but allocations aren’t guaranteed.
SoFi Technologies (NASDAQ: SOFI) caught Wall Street off guard on Friday morning, with shares skyrocketing 13% in premarket trading. The dramatic surge comes on the heels of a major cryptocurrency announcement from the digital banking giant, but market experts suggest there is a deeper, more volatile technical story driving the double-digit gains. Here is a breakdown of the two primary forces fueling SoFi’s massive premarket rally. The Catalyst: A Pioneering Move into Stablecoins The fundamental
Bitcoin (CRYPTO: BTC) peaked at $126,000 in October 2025, but it didn’t last. A tariff shock and a wave of liquidations starting on October 10, pulled BTC below $105,000. Then, months of ETF outflows dragged it into the $80,000s through November and December, and by early February 2026 it had plunged to $60,000—less than half ... When Will Bitcoin Recover to Its $126,000 All-Time High?
Despite robust revenue and earnings growth, this fintech stock has tanked in 2026.
SpaceX’s historic IPO is drawing huge retail interest, but history shows mega IPOs often stumble after launch-day excitement fades. Valuation and hype may outweigh opportunity for now.
Coinbase and other crypto stocks surged on Thursday after a major bill that cements the crypto industry’s legal standing got one step closer to the finish line.