Group 1 - U.S. stock futures were mostly higher, with Nasdaq futures gaining around 100 points [1] - Domo Inc reported quarterly earnings of 1 cent per share, beating the analyst consensus estimate of a loss of 5 cents per share [2] - Domo's quarterly sales were $79.400 million, exceeding the analyst consensus estimate of $78.967 million [2] Group 2 - Domo shares fell 14.2% to $9.93 in pre-market trading following the earnings report and weak fourth-quarter sales guidance [2] - Sportsman's Warehouse Holdings Inc tumbled 18.8% to $1.99 in pre-market trading after reporting third-quarter results [4] - Argan Inc fell 11.6% to $315.00 in pre-market trading due to worse-than-expected third-quarter sales results [4] - Hewlett Packard Enterprise Co shares dipped 9.2% to $20.80 after mixed fourth-quarter financial results and weak first-quarter sales guidance [4] - SentinelOne Inc declined 8% to $15.61 after narrowing its FY26 sales guidance below estimates [4] - SoFi Technologies Inc fell 7.5% to $27.39 as the company announced pricing of a public offering of common stock [4] - Oklo Inc fell 6.6% to $104.30 after entering into an equity distribution agreement to offer up to $1.5 billion of common stock [4] - Docusign Inc fell 5.5% to $67.21 following third-quarter results [4] - Parsons Corp fell 5.3% to $80.00 in pre-market trading [4] - Chatham Lodging Trust fell 4.3% to $6.24 in pre-market trading [4]

Market Movements - US stock index futures are all up, with Dow futures rising by 0.05%, S&P 500 futures by 0.17%, and Nasdaq futures by 0.36% [1] - European indices also show positive movement, with Germany's DAX up by 0.52%, UK's FTSE 100 up by 0.07%, France's CAC40 up by 0.28%, and the Euro Stoxx 50 up by 0.39% [2][3] Commodity Prices - WTI crude oil has decreased by 0.12%, trading at $59.60 per barrel, while Brent crude oil has fallen by 0.06%, trading at $63.22 per barrel [4] Economic Data and Events - The market is focused on the upcoming release of the September Personal Consumption Expenditures (PCE) price index, which is considered a key inflation indicator by the Federal Reserve. The overall PCE index is expected to show a year-over-year increase of 2.8% and a month-over-month increase of 0.3%, while the core PCE index is anticipated to rise by 2.9% year-over-year and 0.2% month-over-month [5] Company News - Apple is facing a wave of executive departures, including its General Counsel and Policy Chief, as well as a top designer who has joined Meta. This trend of talent loss is seen as a potential risk to Apple's innovation capabilities [9][10] - Hewlett Packard Enterprise (HPE) reported a 14% year-over-year revenue increase to $9.7 billion, but fell short of market expectations. The company anticipates revenue for the first fiscal quarter to be between $9 billion and $9.4 billion, which is below market expectations [11] - DocuSign reported better-than-expected Q3 earnings, with adjusted EPS of $1.01 and revenue growth of 8.4% to $818.35 million. The company has raised its full-year revenue guidance [12] - Warner Bros. Discovery is reportedly in exclusive negotiations to sell its film and TV studio and HBO Max streaming service to Netflix, with a potential $5 billion breakup fee if the deal does not receive regulatory approval [13] - SoFi Technologies is seeking to raise $1.5 billion through a discounted stock offering, leading to a pre-market drop of over 7% in its stock price [13]

The SoFi Technologies ( SOFI ) stock appears to be stuck as it faces a strong $30 resistance level. The stock has been trading in a relatively (given SOFI's historical volatility) narrow range between around $25 and $30, currently being close to the upper edge of the range. IWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real ...

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Core Viewpoint - Shares of SoFi Technologies Inc. fell over 6% in after-hours trading following the announcement of a $1.5 billion stock offering [1] Company Summary - SoFi Technologies Inc. is planning a stock offering amounting to $1.5 billion, which has led to a significant decline in its share price [1]

Core Viewpoint - SoFi Technologies is seeking to raise $1.5 billion through a stock offering to diversify its business beyond lending [1] Group 1: Stock Offering Details - The company is collaborating with Goldman Sachs for the stock offering, with shares priced between $27.50 and $28.50, representing a discount of up to 7.1% from the previous closing price of $29.60 [1] - The proceeds from the stock sale will be used to enhance the company's capital position and explore new business opportunities [1] Group 2: Stock Performance - Following the announcement, SoFi's stock price fell by 5.8% in after-hours trading to $27.89 [1] - Year-to-date, the stock has increased by 92% as of the last closing [1] Group 3: Financial Performance - In its Q3 report on October 28, SoFi reported a record adjusted net revenue of $949.6 million, exceeding analyst expectations of $898.2 million [1] - CEO Anthony Noto indicated that the expansion in customer services beyond lending contributed to the record performance [1] Group 4: New Product Offering - In November, SoFi announced that users can join a waitlist for SoFi Crypto to gain priority access for trading various cryptocurrencies [1]

Core Viewpoint - SoFi Technologies is initiating a public offering of $1.5 billion in common stock to fund additional business opportunities and enhance its capital position Group 1: Public Offering Details - The company plans to grant the underwriter a 30-day option to purchase an additional 15% of the shares offered in the public offering [2] - The net proceeds from the offering will be used for general corporate purposes, including enhancing capital position, increasing optionality, and funding incremental growth [3] Group 2: Company Overview and Services - SoFi's app is utilized by over 12.6 million members for various financial activities, including borrowing, saving, and investing [4] - The technology platform Galileo is employed by FinTechs and financial institutions to manage financial solutions across 160 million global accounts [4] Group 3: Product Developments - Recent product pipeline developments include the launch of SoFi Pay, a blockchain-enabled remittance service, and plans to relaunch crypto trading within the SoFi app [5] - The company debuted SoFi Crypto, allowing customers to trade Bitcoin, Ethereum, and Solana, marking a significant step in integrating banking and cryptocurrency [6] - Future plans include a SoFi-branded stablecoin in 2026 and an AI-powered Cash Coach [5]

Core Viewpoint - SoFi Technologies, Inc. has priced its public offering of 54,545,454 shares at $27.50 per share, aiming for total gross proceeds of approximately $1.5 billion before expenses [1][3]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 8,181,818 shares at the public offering price [2]. - The expected closing date for the offering is December 8, 2025, subject to customary closing conditions [3]. - All shares in the offering will be sold by SoFi, with net proceeds intended for general corporate purposes, including enhancing capital position and funding growth opportunities [3]. Group 2: Underwriters and Registration - The underwriters for the offering include Goldman Sachs & Co. LLC, BofA Securities, Citigroup, Deutsche Bank Securities, and Mizuho [4]. - An automatic shelf registration statement became effective upon filing with the SEC on July 29, 2025, allowing for the offering to proceed [4]. Group 3: Company Overview - SoFi Technologies is a digital financial services provider with over 12.6 million members, offering a range of services including borrowing, saving, spending, and investing [6]. - The company operates a technology platform, Galileo, which supports nearly 160 million global accounts for fintechs and financial institutions [6].

Market Overview - Major U.S. indices closed mixed, with the Dow Jones Industrial Average down 0.07% to 47,850.94, the S&P 500 up 0.1% to 6,857.12, and the Nasdaq up 0.2% to 23,505.13 [1] SoFi Technologies Inc. - SoFi Technologies' stock rose by 1.82% to close at $29.60, with an intraday high of $29.70 and a low of $28.48, but fell nearly 6% in after-hours trading to $27.83 [1] - The company announced a $1.5 billion common stock offering, with underwriters having a 30-day option to purchase up to 15% more shares, aimed at strengthening its capital position and supporting growth initiatives [2] Oklo - Oklo's stock surged by 15.59% to close at $111.65, reaching an intraday high of $114.29, but declined over 6% in after-hours trading to $104.70 [3][4] - The stock's rise was influenced by comments from Nvidia's CEO regarding the importance of nuclear power for AI data centers [4] Meta Platforms Inc. - Meta Platforms' stock increased by 3.43% to close at $661.53, with an intraday high of $676.10 and a low of $660.05 [5] - The company is reportedly preparing to cut metaverse spending by up to 30% in 2026, with potential layoffs as early as January, as it shifts resources toward AI [6] Ulta Beauty - Ulta Beauty's stock fell by 1.94% to close at $533.95 but rose 5.9% in after-hours trading to $565.51 [7] - The company reported stronger-than-expected third-quarter results, with earnings of $5.14 per share and revenue of $2.86 billion, net sales grew 12.9%, and comparable sales were up 6.3% [8] BigBear.ai - BigBear.ai's stock climbed by 15.27% to close at $7.02, with an intraday high of $7.18, but fell 1% in extended trading to $6.95 [8] - The rise was attributed to the company's support for the Washington Commanders' charity initiative, with custom cleats being auctioned to benefit various nonprofits [9]

Anthony Noto, CEO of SoFi, speaking with CNBC at the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 10th, 2025.SoFi shares fell almost 6% in extended trading Thursday after the fintech company announced a $1.5 billion stock offering. The company, which provides online loans and other banking services, said in a press release that it will use the proceeds for "general corporate purposes, including but not limited to enhancing capital position, increasing optionality and enabl ...