NEW YORK, Oct. 14, 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 10/14/2024 ETF Ticker Distribution per Share Distribution Rate * 30-Day SEC Yield** Ex-Date Record Date Payment Date THTA $0.1904 12.00% 4.04% 10/15/2024 10/15/2024 10/16/2024 Inception date: 11/15/2023 Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ...

A $2 billion financing deal has investors excited. Shares of SoFi Technologies (SOFI 10.65%) jumped as much as 10.5% in early trading Monday after the company announced a $2 billion personal-loan financing deal. The stock pulled back slightly but was still up 9.3% as of 12:30 p.m. ET today. The $2 billion boost for SoFi stock Fortress Investment Group agreed to provide $2 billion in financing for the platform for personal loans. SoFi CEO Anthony Noto said this would help his company "serve the financial nee ...

Key Takeaways SoFi Technologies announced a $2 billion deal with Fortress Capital to grow its personal loans business. SoFi CEO Anthony Noto said the business can help SoFI "diversify toward less capital-intensive and more fee-based sources of revenue." Shares of SoFi were up over 8% in early trading Monday following the news. Shares of SoFi Technologies (SOFI) rose Monday morning after the digital financial services company announced a $2 billion deal with Fortress Capital to grow its personal loans busine ...

If SoFi gets these businesses working, the stock could fly. SoFi Technologies (SOFI 4.40%) is one of the fastest-growing financial companies on the market, and that's despite a slowdown in lending. But that could pick up, and Travis Hoium highlights what he's looking for from SoFi's growth in 2024 in this video. *Stock prices used were end-of-day prices of Oct. 7, 2024. The video was published on Oct. 8, 2024. ...

Trends are moving in its favor. Growth stocks are usually the high-octane fuel for an investment portfolio. A strong portfolio has a mix of stocks, but the makeup of the stocks will be different for any portfolio and directed by the investor's risk profile. Some investors, especially older ones and people who already have a large portfolio, will lean toward secure stocks and passive income. Investors who are just starting out or want to supercharge their holdings might focus on growth stocks. If that fits y ...

In the latest trading session, SoFi Technologies, Inc. (SOFI) closed at $8.63, marking a +0.47% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.21% for the day. At the same time, the Dow lost 0.14%, and the tech-heavy Nasdaq lost 0.05%. Shares of the company witnessed a gain of 17.51% over the previous month, beating the performance of the Finance sector with its loss of 4.48% and the S&P 500's gain of 5.94%. The upcoming earnings release of SoFi Technologies, Inc. w ...

Company Overview - SoFi's bullish outlook is driven by its growing member base and strong ability to cross-sell financial products [1] - The company has steadily attracted new members and deepened relationships by offering a range of services, from banking to investing [1] Analyst Background - Yiannis Zourmpanos, founder of Yiazou IQ, has extensive experience in auditing and consulting, previously working at Deloitte and KPMG [2] - He holds a Chartered Certified Accountant qualification and is a Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools [2] - His investment style focuses on GARP/Value stocks, prioritizing high-quality, reasonably priced businesses with strong moats and significant growth potential [2] - The investment approach emphasizes fundamentals, seeking stocks trading at a discount to intrinsic value with a clear margin of safety [2] - The long-term strategy (5-7 years) aims for wealth accumulation through compounding, with a focus on downside protection and contrarian views during market uncertainties [2]

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highestquality analysis of this type of information. I initiated coverage of SoFi Technologies (NASDAQ: SOFI ) stock at the end of February 2024 with a "Buy" rating. My second article was written at the end of April 2024 - I He leads the investing group Beyond the Wall Investing with features that incl ...

From a technical perspective, SoFi Technologies, Inc. (SOFI) is looking like an interesting pick, as it just reached a key level of support. SOFI's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longe ...

The market can stay irrational longer than you can stay solvent. In today's video, I will be talking about the recent updates regarding SoFi Technologies (SOFI -1.43%). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Oct. 4, 2024. The video was published on Oct. 7, 2024. ...