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Key Points A 160% rally since May made it difficult for this week’s earnings to be a knockout.While good, they weren’t great, and shares were downgraded as a result.The longer-term opportunity remains strong and any weakness from here is a buying opportunity.5 stocks we like better than SoFi TechnologiesInvestors had been expecting big things from SoFi Technologies Inc’s (NASDAQ:SOFI) earnings this week, especially after its shares rallied 160% since May. However, as seen with the 15% drop from Monday’s high before the numbers were released, they were disappointed, and to make matters worse, t...
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The company lost $0.09 per share on revenue of $424 million. Those results marked year-over-year increases on both the top- and bottom lines, and came in ahead of views.Revenue grew at mid-to-high double-digit rates in each of the past six quarters.The company raised its full-year guidance.Analysts have a “moderate buy” rating on the stock with the potential for a 116.13% upside.Shares of online lender SoFi Technologies (NASDAQ:SOFI) were up more than 14% Tuesday following a better-than-expected third-quarter report. The company lost $0.09 per share on revenue of $424 million. Q3 2022 hedge fu...
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New research reveals the top 20 most popular stock trading platform apps.SoFi found to be the ‘people choice’ according to combined ratings, search trend data and online popularity.E*Trade followed in second place with huge levels of search volume in the last 30 days.Robinhood ranked thirteenth on the list despite having the most user reviews.Q2 2022 hedge fund letters, conferences and more The study combines ratings from Google Play and the App Store, the number of articles written about each platform from Buzzsumo in the last two years as well as an online popularity score from those based o...
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SoFi, A Leading Next-Generation Financial Services Platform, to Become Publicly-traded via Merger with Social Capital Hedosophia Q3 2020 hedge fund letters, conferences and more SoFi’s mission is to help people achieve financial independence by getting their money right, providing access to a comprehensive suite of services in a single app that empowers members to borrow, save, spend, invest and protect their moneySoFi’s one-stop shop, multi-product strategy and leading technology platform, Galileo, place the company at the epicenter of the digital revolution in financial servicesTransaction v...
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