Like Warren Buffett and Peter Lynch, Cathie Wood's art of investing has garnered much attention lately. Wood's Ark Innovation ETF (ARKK) has gained more than 20% over the past year as it primarily focuses on stocks engaged in disruptive innovation. One such stock is SoFi Technologies, Inc. (SOFI) , which began as a student-loan provider and has now progressed into a versatile fintech company. However, despite raising its full-year revenue outlook in the second quarter and witnessing an expansion in its depo ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today! Daniel Sereda is chief investment analyst at a family office whose investments span continents and diverse asset classes. This requires him to navigate through a plethora of information on a daily basis. His expertise is in filtering this wealth of data to extract ...

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 09/16/2024 ETF Ticker Distribution per Share Distribution Rate * 30-Day SEC Yield** Ex-Date Record Date Payment Date THTA $0.1422 9.00% 4.50% 09/17/2024 09/17/2024 09/18/2024 Inception date: 11/15/2023 Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ...

Khomkrid Khamsankhod/iStock via Getty Images Introduction I published a 'Strong Buy' thesis for SoFi Technologies (NASDAQ:SOFI) in June. I am moderately happy because the stock price increased by 4.4% since my recommendation was published. The number of physical bank branches in the U.S. is poised to continue deteriorating because customers' preferences are changing as modern technologies allow them to complete routine tasks with smartphone apps. SoFi's strong revenue growth during the unfavorable monetary ...

SoFi Technologies, Inc. (NASDAQ:SOFI) Goldman Sachs Communacopia & Technology Conference 2024 September 9, 2024 2:30 PM ET Company Participants Anthony Noto - CEO Conference Call Participants Michael Ng - Goldman Sachs Group Michael Ng Great. Well, thank you, everybody, for joining. Welcome to the SoFi presentation at the Goldman Sachs Communacopia and Technology Conference. I have the great privilege of introducing Anthony Noto, who's the CEO of SoFi, which he's been since 2018. Anthony joined SoFi after s ...

SoFi Technologies' (SOFI) stock has declined 29.5% in the year-to-date period against the 13.3% rally of the industry it belongs to and 14.5% growth of the Zacks S&P 500 composite. YTD Price Performance Image Source: Zacks Investment Research The company's fall is comparable with the performance of its competitors Edenred SE (EDNMY) , which has lost 31.6%, and TTEC Holdings, Inc. (TTEC) , which has plunged 79.3% over the same period. The SOFI stock has gained 8.2% over the past month, suggesting a reversal ...

SoFi's student loan business got some great news. SoFi's (SOFI 0.86%) shares bounced recently on news that student loans wouldn't be forgiven on a mass scale. That's great for the company's business, and Travis Hoium goes through why in this video. *Stock prices used were end-of-day prices of Aug. 30, 2024. The video was published on Sept. 3, 2024. ...

Sellers stepped up to start September, pushing the Nasdaq below its 50-day and 21-day moving averages. Investors are growing more nervous about the slowing U.S. economy, with signs of weakness across consumer spending and manufacturing popping up over the last several sessions. There could be more near-term selling and volatility as Wall Street waits for the Fed to officially start cutting rates when its two-day FOMC meeting ends on September 18. The presidential election cycle adds to the unknowns. Yet, th ...

Mihaela Rosu SOFI Investment Thesis Remains Dirt Cheap At Current Levels We previously covered SoFi Technologies (NASDAQ:NASDAQ:SOFI) in May 2024, discussing why we had maintained our Buy rating, due to the promising growth in its top/ bottom lines as the management executed the dual pronged growth as both an online bank and a fintech. At the same time, investors must also temper their near-term expectations, with the stock likely to trade sideways until the company achieves substantial GAAP EPS profitabili ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...