The Latest Breaking News from SoFi Technologies Inc

4 Stocks That Have Run out of Energy

Amid major macroeconomic headwinds, consumer confidence declined to its lowest since July. In addition, the bear market rally is likely to continue into next year. Hence, fundamentally weak stocks SoFi Technologies (SOFI), Ginkgo Bioworks (DNA), Opendoor Technologies (OPEN), and Camber Energy (CEI), which have been slumping in price, might be…

StockNews.com · Dec 9, 2022

5 Vulnerable Stocks to Avoid the Rest of This Year

Despite the expected slowdown of interest rate hikes, investors are concerned about a recession next year. This could mean more pain for stocks that have already fallen significantly this year. Amid this backdrop, investors should avoid fundamentally weak stocks Advanced Micro Devices (AMD), DraftKings (DKNG), SoFi Technologies (SOFI), ContextLogic (WISH),…

StockNews.com · Nov 28, 2022

1 Financial Services Stock to Buy This Week and 2 to Sell

The broader macroeconomic headwinds have dampened the growth of the financial services industry this year. While fundamentally weak financial services stocks SoFi Technologies (SOFI) and Exela Technologies (XELA) are expected to remain under pressure, continued technological advancements should help Forrester Research (FORR) stay resilient. Keep reading….

StockNews.com · Nov 22, 2022

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 · Nov 3, 2022

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 · Nov 2, 2022

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 · Oct 17, 2022

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 · Oct 12, 2022

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 · Oct 12, 2022

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 · Oct 11, 2022

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 · Sep 28, 2022