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. ...

The digital bank is going places, even though its stock has been falling. SoFi Technologies (SOFI 1.30%) stock's decline has got to be one of the biggest disappointments of the year. It came into 2024 on a high, having more than doubled last year and with the company sporting profitability for the first time. It continues to report strong growth, and it posted its third straight quarterly profit, but SoFi stock is down more than 20% this year. The market is making a mistake, and you can benefit from the sto ...

SoFi Technologies' (SOFI) stock has rallied 8.7% in the past three months, outperforming the 6.9% rally of the industry it belongs to and 6.2% growth of the Zacks S&P 500 composite. YTD Price Performance Image Source: Zacks Investment Research SOFI's shares have outperformed its competitors Wells Fargo's (WFC) 5.1% dip and Bank of America's (BAC) marginal increase over the same period. Given the continuous strength of SOFI shares, many investors may be attracted to buy the stock. However, the relevant query ...

A broken stock is not the same as a broken company. 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 Aug. 20, 2024. The video was published on Aug. 20, 2024. ...

A falling share price has cast doubt on this promising company's investment potential. Digital banking and financial services company SoFi Technologies (SOFI 4.54%) is back within shouting distance of its 52-week low and roughly 75% off its 2021 peak. Investors often let price drive a stock's narrative. For example, SoFi's share price keeps falling, so the business must also be bad. But is that true, or does the market have it all wrong? Situations like this are risky, but going against Wall Street and gett ...

The banking disruptor just reported its second-quarter results, and here's what investors need to know. SoFi (SOFI -0.45%) just reported its second-quarter earnings, and its membership base grew by 41% year over year. But that's just one piece of the puzzle. In this video, I'll discuss some important details from the second quarter and what investors should know about them. *Stock prices used were the morning prices of Aug. 12, 2024. The video was published on Aug. 13, 2024. ...

NEW YORK, Aug. 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 08/14/2024 ETF Ticker Distribution per Share Distribution Rate * 30-Day SEC Yield** Ex-Date Record Date Payment Date THTA $0.2049 13.00% 3.12% 08/15/2024 08/15/2024 08/16/2024 Inception date: 11/15/2023 Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ...