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The Latest Breaking News from SOFI

Sofi & Navient Executives Weigh In On Student Loan Forgiveness

After months of speculation over whether President Biden will pause or cancel student loan debt, a verdict was reached on August 25th after the President addressed the issue stating that the student loan forgiveness will be paused for another 4 months until December 30th.

Benzinga

Analyst Upgrades SoFi Technologies, Says Potential Student Loan Refinancing Boom Is Coming

This year has been brutal for SoFi Technologies Inc (NASDAQ: SOFI) and other lenders, as investors grow increasingly concerned about the negative impact rising interest rates will have on lending, margins and revenue growth.

Benzinga

Is Buying SoFi Stock a Smart Decision Right Now?

Financial services company SoFi Technologies (SOFI) reported disappointing second-quarter results last month, dampening investor sentiment. In addition, the stock is currently trading more than 70% below its 52-week high. So, would it be worth buying the stock now? Let’s find out….

StockNews.com

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How to Invest $1,000: Open a Robo-Adviser Account

It's easier than ever to access low-cost, automated investing advice through a robo-adviser.

Kiplinger

Forget SOFI Stock! Try This Other Financial Stock Instead

Shares of SoFi Technologies (SOFI) are down more than 60% in price year-to-date. The company has reported poor second-quarter financials. So, instead of SOFI, we think it may be wise to invest in fundamentally sound financial stock Forrester (FORR) with significant upside potential. Continue reading….

StockNews.com

PLUG, AMC, SOFI, and 1 Other Stock Moving Lower in 2022

Since concerns about the Fed’s potential rate hikes and the possibility of further economic contraction are expected to keep the stock market under pressure, fundamentally weak stocks that are on a downtrend this year, such as Plug Power (PLUG), SoFi Technologies (SOFI), AMC Entertainment (AMC), and Forge Global Holdings (FRGE),…

StockNews.com

Don't Let Their High-Volume Fool You. 3 Active Stocks to Avoid Right Now

Despite the slower pace of payroll gains in August, market uncertainty is expected to continue as the Fed is expected to put more weight on the upcoming CPI data. Amid this backdrop, high-volume trading of Plug Power (PLUG), SoFi Technologies (SOFI), and Peloton Interactive (PTON) may not indicate anything positive…

StockNews.com

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Is SoFi Stock a Buy as Biden Forgives Student Loans?

Financial services company SoFi Technologies (SOFI) reported disappointing second-quarter financials, and the stock is currently trading more than 75% below its 52-week high. Furthermore, analysts are bearish about the company’s earnings growth prospects. However, given Biden’s announcement of student loan forgiveness and an end to the loan repayment pause, is…

StockNews.com

Who Are the Best Small Online Brokers?

Small online brokers like Robinhood have shaken up the market for the bigger players. How do they actually stack up?

Kiplinger

Lending Stocks Continue Rally On Student Loan Relief Plan: SoFi CEO Highlights Opportunity Ahead

Lending stocks are getting a boost Thursday after President Joe Biden on Wednesday outlined plans to forgive a portion of federal student debt for qualified borrowers and announced the freeze on repayment will be extended one final time to the end of the year.

Benzinga

SoFi, Navient Stock Prices Are Up With Biden Set To Deliver Unprecedented Student Debt Relief

President Joe Biden is expected to deliver on a campaign promise Wednesday by confirming the cancelation of federal student loan debt. Here's what we know so far ahead of Biden's speech at 2:15 p.m. EST:

Benzinga

Bernie Sanders Brings The Student Loan Fight To This Public Company

A portion of student loan debt for millions of Americans is expected to be forgiven via executive action from President Joe Biden Wednesday. A U.S. senator is speaking out in support of Biden’s announcement and taking on a public company that is a large player in the student loan industry.

Benzinga

3 Once Popular Stocks Down More Than 70%, Is Now the Time to Buy?

Concerns over macroeconomic and geopolitical headwinds have led to a massive sell-off in the stock market since the beginning of the year. This has led to once popular stocks, SoFi Technologies (SOFI), Shopify (SHOP), and Roblox Corp. (RBLX), slumping 70% or more from their 52-week highs. Given their weak fundamentals…

StockNews.com

4 High-Volume Stocks Investors Should Sell Right Now

The stock market has been witnessing a rally lately, with robust economic data and a decline in inflation in July boosting investors' sentiment. However, as inflation remains elevated and geopolitical issues continue, the market could witness volatility in the months ahead. Therefore, fundamentally weak stocks AMC Entertainment (AMC), Carnival Corporation…

StockNews.com

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3 Fintech Stocks to Avoid in August 2022

Although the fintech industry is expected to grow in the long run, headwinds like rising interest rates and multi-decade high inflation have led to a massive correction in financially weak fintech stocks Block (SQ), SoFi Technologies (SOFI), and Forge Global (FRGE). Amid the looming recession, it could be wise to…

Benzinga

Tupperware Brands, SoFi Technologies Insiders Made Big Stock Purchases Ahead Of Q2 Earnings Beats

Shares of Tupperware Brands Corporation (NYSE: TUP) gained 36% on Wednesday, while shares of SoFi Technologies Inc (NASDAQ: SOFI) jumped 24% after the two companies reported better-than-expected second-quarter earnings num

USA Today Sports Media Group

Body found in SoFi Stadium lake, police investigation underway

Officials say a man's body was found in the lake at SoFi Stadium, home of the Rams and Chargers. Police are investigating the matter.

StockNews.com

Should You Buy Beaten-Down SoFi Technologies Stock?

Shares of SoFi Technologies (SOFI) are down more than 65% in price year-to-date. The stock has been under pressure due to the Education Department’s repeated revisions of the end date of the student loan moratorium and the Fed’s aggressive interest rate hikes. With the Education Department likely to push back…

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Mic

How talking about money helped me pay off $137K in loans

When friends and family asked what I wanted for birthdays and holidays, I was honest.

StockNews.com

$10 Price Target Should Be a Cinch for SoFi Technologies Stock

SoFi Technologies (SOFI) stock certainly hasn't been a winner since its IPO, but one analyst's bullish argument and upgrade might convince some of the skeptics.

Benzinga

Benzinga's Daily Brief On Trending Tickers For May 20, 2022: Ross Stores, Deere & Co, Foot Locker And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

StockNews.com

5 Meme Stocks That Have Plummeted 50% or More YTD

Meme stocks gained attention last year, with the shares of numerous fundamentally poor companies soaring to unsustainable price levels owing solely to retail traders' interest in them. However, the gains by these stocks could not be sustained for long, with the prices of many plummeting back to earth this year.…

Benzinga

PreMarket Prep Stock Of The Day: SoFi's Upgrade Rally

With a muddled macroeconomic and geopolitical environment along with inflation concerns, not as much attention is being paid to upgrades and downgrades by Wall Street analysts.

Benzinga

Analyst Ratings for SoFi Technologies

Within the last quarter, SoFi Technologies (NASDAQ:SOFI) has observed the following analyst ratings:

Benzinga

SoFi Technologies Q1 Earnings Highlights: Shares Tumble After Early Leak; What The CEO Said

Fintech company SoFi Technologies (NASDAQ: SOFI) was scheduled to report its first quarter earnings after market close Tuesday. Instead, the company saw its earnings leak Tuesday and put out its earnings report early. Here are the key highlights for investors.

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