Liz Young Thomas, head of investment strategy at SoFi; Drew Matus, MetLife Investment Management, chief market strategist; and Emily Leveille, Thornburg Investment Management portfolio manager, join CNBC's 'Closing Bell' to discuss market outlooks.
SoFi's Q3 2024 results include a 35% YoY increase in new members and a 37% YoY rise in new products, with a decent improvement in revenue and EBITDA margin. Fee-based income now constitutes 25% of adjusted net revenue, making earnings more stable and less tied to interest rates. SoFi is launching fraud prevention tools and offering alternative investments like real estate and private credit.
SoFi Technologies Inc (NASDAQ: SOFI) touched a high of $14.42 this morning – a level that was last seen in early 2022. The financial services company has rallied over 30% since election day amidst expectations that it will benefit from a more accommodative regulatory backdrop under the new government.
Shares of fintech SoFi Technologies are on track for their best stretch of five trading days in more than a year.
The neobanking stock has been on a tear in the wake of the election.
SoFi Technologies might be the next big winner in the financial sector
Upstart's upbeat lending results could be giving SoFi investors more optimism, according to a Mizuho analyst.
The CEO feels that the company has never been in such good shape heading into a new year.
President-elect Donald Trump and other Republicans have made no secret of their desire to abolish the U.S. Department of Education and limit the federal government's role in the student-loan market.
Donald Trump's decisive presidential victory and Republican control of both houses of congress sent the markets soaring yesterday.
Does SoFi Technologies, Inc. (SOFI) have what it takes to be a top stock pick for momentum investors? Let's find out.
SoFi is making some interesting moves that could pay off in the long run.