The Latest Breaking News from SOFI

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….

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….

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….

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),…

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…

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…

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

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.

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: