Core Insights - SoFi Technologies' stock increased by 6.6% to close at $22.40 following a strong Q2 earnings report that surpassed Wall Street expectations [2] - The company reported Q2 revenue of $858 million, marking a 44% year-over-year growth, and earnings per share (EPS) of $0.08, exceeding consensus estimates [2] - Net income rose to $97 million, and management raised the full-year revenue guidance to $3.375 billion with an EPS target of $0.31, indicating a positive profitability trend [2] Market Performance - SoFi's stock performance outpaced broader market trends, with the S&P 500 and Nasdaq Composite declining by 0.3% and 0.38% respectively [3] - Compared to fintech peers, SoFi's performance was notably strong, as Affirm Holdings saw a modest gain of 0.67%, while Robinhood Markets declined by 3.23% [3] Trading Activity - The stock experienced exceptional trading volume of approximately 222 million shares, about 3.5 times its 200-day average, reflecting strong investor interest [4] - This heightened trading activity and technical breakout near new highs highlighted investor confidence following SoFi's earnings beat and raised guidance [4]