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The Latest Breaking News from SOFI

3 Fintech Stocks to Avoid Until Further Notice

While the pandemic brought massive growth opportunities for the fintech industry as digital transactions skyrocketed, the current uncertain macroeconomic environment has dampened the industry’s prospects. The stock market is expected to remain under pressure amid growing fears of recession. Therefore, it could be wise for investors to avoid fundamentally weak…

StockNews.com

Check out UFB Direct—an online bank offering savings products with APYs of at least 5%

Savers might find that UFB’s high rates complement their existing banking relationship.

Fortune

4 SoFi Technologies Analysts On Q3 Earnings In 'Challenging Interest Rate Environment'

SoFi Technologies Inc (NASDAQ: SOFI) Tuesday reported higher-than-expected third-quarter earnings. Here's the latest from the Street on the lending stock.

Benzinga

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3 Financial Services Stocks You Wouldn’t Want to Buy Right Now

Financial services providers usually benefit from a rising interest rate environment due to the positive correlation of their revenues with interest rates. However, financial services stocks SoFi Technologies (SOFI), Upstart Holdings (UPST), and Marathon Digital (MARA) are not well-positioned to capitalize on the current interest rate environment. One should avoid…

StockNews.com

2 Stocks You Should Think About Shorting

Interest rate increases and consequent market volatility look all set to persist in light of the better-than-expected September employment figures. Since the outlook seems bleak for fundamentally weak stocks SoFi Technologies (SOFI) and Cassava Sciences (SAVA), one may consider selling them short. Continue reading….

StockNews.com

Forget Gas Prices: Dating Is Why People Are Going Broke In 2022

It’s not breaking news that gas prices, rent, food and virtually everything else are more expensive than it was just a year or two ago.

Benzinga

1 Tech Stock That Could Get Pushed Even Lower in Q4

Financial services provider SoFi Technologies (SOFI) has lost more than 65% this year. Given its bleak fundamentals, the stock could get pushed even lower this quarter. Hence, it might be best avoided now. Read on….

StockNews.com

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3 Financial Services Stocks Investors Shouldn't Be Buying Right Now

Financial services providers usually benefit from a rising interest rate environment due to the positive correlation of their revenues with interest rates. However, financial services stocks SoFi Technologies (SOFI), Marathon Digital (MARA), and BitNile (NILE) are not well-positioned to capitalize on the current rate environment. One should avoid these stocks…

StockNews.com

There Is a Lot of Buzz About SoFi Stock. Is It a Buy?

There has been a lot of buzz around SoFi Technologies (SOFI) since President Biden announced the student loan relief program. However, the stock has declined more than 65% year-to-date. Given its weak earnings growth prospects, will it be wise to buy the stock now? Read on to learn our view….

StockNews.com

The Red Flags Continue to Mount for These 3 Stocks

The raging inflation and the Fed’s aggressive interest rate hikes have weighed on investors’ sentiments lately. And with growing recession fears, we think investors should avoid Lucid Group (LCID), SoFi Technologies (SOFI), and Bed Bath & Beyond (BBBY), given their bleak fundamentals. Read on….

StockNews.com

Should You Buy SoFi Stock Now or Wait?

Shares of financial services company SoFi Technologies (SOFI) have plummeted more than 60% in price year-to-date, aggravated by the recent FedEx warning spurring recession fears and causing a broad sell-off in fintech stocks. However, given Biden’s announcement on lifting the student loan repayment moratorium, is it wise to buy the…

StockNews.com

Sofi & Navient Executives Weigh In On Student Loan Forgiveness

After months of speculation over whether President Biden will pause or cancel student loan debt, a verdict was reached on August 25th after the President addressed the issue stating that the student loan forgiveness will be paused for another 4 months until December 30th.

Benzinga

Analyst Upgrades SoFi Technologies, Says Potential Student Loan Refinancing Boom Is Coming

This year has been brutal for SoFi Technologies Inc (NASDAQ: SOFI) and other lenders, as investors grow increasingly concerned about the negative impact rising interest rates will have on lending, margins and revenue growth.

Benzinga

Is Buying SoFi Stock a Smart Decision Right Now?

Financial services company SoFi Technologies (SOFI) reported disappointing second-quarter results last month, dampening investor sentiment. In addition, the stock is currently trading more than 70% below its 52-week high. So, would it be worth buying the stock now? Let’s find out….

StockNews.com

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Kiplinger

How to Invest $1,000: Open a Robo-Adviser Account

It's easier than ever to access low-cost, automated investing advice through a robo-adviser.

StockNews.com

Forget SOFI Stock! Try This Other Financial Stock Instead

Shares of SoFi Technologies (SOFI) are down more than 60% in price year-to-date. The company has reported poor second-quarter financials. So, instead of SOFI, we think it may be wise to invest in fundamentally sound financial stock Forrester (FORR) with significant upside potential. Continue reading….

StockNews.com

PLUG, AMC, SOFI, and 1 Other Stock Moving Lower in 2022

Since concerns about the Fed’s potential rate hikes and the possibility of further economic contraction are expected to keep the stock market under pressure, fundamentally weak stocks that are on a downtrend this year, such as Plug Power (PLUG), SoFi Technologies (SOFI), AMC Entertainment (AMC), and Forge Global Holdings (FRGE),…

StockNews.com

Don't Let Their High-Volume Fool You. 3 Active Stocks to Avoid Right Now

Despite the slower pace of payroll gains in August, market uncertainty is expected to continue as the Fed is expected to put more weight on the upcoming CPI data. Amid this backdrop, high-volume trading of Plug Power (PLUG), SoFi Technologies (SOFI), and Peloton Interactive (PTON) may not indicate anything positive…

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StockNews.com

Is SoFi Stock a Buy as Biden Forgives Student Loans?

Financial services company SoFi Technologies (SOFI) reported disappointing second-quarter financials, and the stock is currently trading more than 75% below its 52-week high. Furthermore, analysts are bearish about the company’s earnings growth prospects. However, given Biden’s announcement of student loan forgiveness and an end to the loan repayment pause, is…

Kiplinger

Who Are the Best Small Online Brokers?

Small online brokers like Robinhood have shaken up the market for the bigger players. How do they actually stack up?

Benzinga

Lending Stocks Continue Rally On Student Loan Relief Plan: SoFi CEO Highlights Opportunity Ahead

Lending stocks are getting a boost Thursday after President Joe Biden on Wednesday outlined plans to forgive a portion of federal student debt for qualified borrowers and announced the freeze on repayment will be extended one final time to the end of the year.

Benzinga

SoFi, Navient Stock Prices Are Up With Biden Set To Deliver Unprecedented Student Debt Relief

President Joe Biden is expected to deliver on a campaign promise Wednesday by confirming the cancelation of federal student loan debt. Here's what we know so far ahead of Biden's speech at 2:15 p.m. EST:

Benzinga

Bernie Sanders Brings The Student Loan Fight To This Public Company

A portion of student loan debt for millions of Americans is expected to be forgiven via executive action from President Joe Biden Wednesday. A U.S. senator is speaking out in support of Biden’s announcement and taking on a public company that is a large player in the student loan industry.

StockNews.com

Concerns over macroeconomic and geopolitical headwinds have led to a massive sell-off in the stock market since the beginning of the year. This has led to once popular stocks, SoFi Technologies (SOFI), Shopify (SHOP), and Roblox Corp. (RBLX), slumping 70% or more from their 52-week highs. Given their weak fundamentals…

StockNews.com

4 High-Volume Stocks Investors Should Sell Right Now

The stock market has been witnessing a rally lately, with robust economic data and a decline in inflation in July boosting investors' sentiment. However, as inflation remains elevated and geopolitical issues continue, the market could witness volatility in the months ahead. Therefore, fundamentally weak stocks AMC Entertainment (AMC), Carnival Corporation…

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