Price Crosses Moving Average
Previous Close | 6.82 |
Open | 7.11 |
Bid | 7.05 x 21500 |
Ask | 7.00 x 29200 |
Day's Range | 6.71 - 7.11 |
52 Week Range | 4.24 - 8.52 |
Volume | |
Avg. Volume | 40,752,753 |
Market Cap | 6.614B |
Beta (5Y Monthly) | 1.66 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.35 |
Earnings Date | Jul 31, 2023 - Aug 04, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 7.27 |
Fool.com contributor and finance professor Parkev Tatevosian discusses how lower default rates are benefiting SoFi (NASDAQ: SOFI) stock investors. *Stock prices used were the afternoon prices of May 31, 2023.
Fool.com contributor and finance professor Parkev Tatevosian discusses the strategic thinking employed by SoFi (NASDAQ: SOFI) regarding its loan portfolio. *Stock prices used were the afternoon prices of May 30, 2023.
AI mania lifted Nvidia to new heights on Tuesday. The graphics-chip maker briefly became the first semiconductor company with a $1 trillion market capitalization, joining an elite club that includes Amazon Apple and Microsoft Nvidia touched the milestone intraday, but its shares didn’t close above the threshold. Nvidia is the market leader in chips used for AI data centers, having about an 80% share of such processors as of 2020, per an Omdia estimate.
SoFi Technologies, Inc (NASDAQ: SOFI) stock is down Friday as the Senate cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 against it. The CARES Act passed in March of 2020, allowed a pause on student loan repayments. The current debt ceiling deal would terminate this pause, and repayments must resume on August 29, 2023. The student loan refinancing firm prosecuted the government to end the pause earlier this year. Through student and personal loans, the company aime
SoFi can capture a greater share of the lending market, partly because of billions of new deposits added since receiving its bank charter.
The measure to raise the nation's debt ceiling includes a provision to restart federal student loan repayments that have been paused since March 2020.
Following negotiations, a provision to end the temporary moratorium on federal student loan payments and interest accrual has been included in the bill. The development could kick-start SoFi's performance later this year, and investors have responded by bidding up the stock. The debt ceiling bill deal has been passed in the Republican-controlled House of Representatives, and it will very likely now pass in the Democrat-controlled Senate before being signed by President Biden.
In this video, I will talk about why SoFi Technologies (NASDAQ: SOFI) soared recently and go over some comments made by CEO Anthony Noto during a J.P. Morgan conference. *Stock prices used were from the trading day of May 31, 2023.
Fool.com contributor and finance professor Parkev Tatevosian digs deeper into how SoFi (NASDAQ: SOFI) is becoming a major player in the personal loan industry and the implications it has for SoFi stock investors.
SoFi Technologies (NASDAQ: SOFI) pushed higher today on news regarding the new debt ceiling deal. SoFi stock is up over 54% year to date. Is it headed higher, or is it time for a breather? The video below provides details on the news and an update on the stock, including technical analysis.
SAN FRANCISCO, May 31, 2023--SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host its 2023 annual meeting of stockholders (the "2023 Annual Meeting") on Wednesday, June 14, 2023, at 7:00 a.m., Pacific Time (10:00 a.m. Eastern Time). The 2023 Annual Meeting will be held virtually.
The Yahoo Finance Live team breaks down some of the top moving stocks of the day. SoFi shares jumped on the debt deal moving through Congress. Under the terms of the deal, student loan repayments would restart, which would be good for SoFi's business. Advance Auto Parts shares plummeted more than 30% after slashing its guidance and dividend. Shares of both HP Inc. and Hewlett Packard Enterprise ended the day lower after the companies reported earnings that didn't meet investor expectations. Click here to see what HPE's CFO had to say about his company's results.
The student loan moratorium has weighed on SoFi stock for nearly two years. Investors are betting that headwind may soon be out of the way thanks to the new debt ceiling deal.
Shares of the one-stop-shopping financial services company and digital bank SoFi (NASDAQ: SOFI) traded more than 11% higher as of 12:39 p.m. ET today in the hope that Congress will soon pass a bill to suspend the debt ceiling. After months of negotiations, President Biden and Speaker of the House Kevin McCarthy agreed on a proposal to suspend the debt ceiling until the first quarter of 2025. Within the bill, McCarthy negotiated several concessions, including the end of the student loan moratorium, which is a pause on federal student loan payments that first went into place more than three years ago at the very beginning of the pandemic.
SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.
Fool.com contributor and finance professor Parkev Tatevosian considers how much further SoFi (NASDAQ: SOFI) can grow before hitting a ceiling. *Stock prices used were the afternoon prices of May 27, 2023.
The debt-ceiling agreement struck over the weekend would reinstate government student loan repayments.
The stock market was having a generally strong morning on Tuesday on the news that a tentative agreement had been reached to lift the debt ceiling and avoid a catastrophic default. As of 9:50 a.m. ET today, SoFi was higher by 7%, making it one of the best-performing stocks in the financial sector. The debt ceiling bill itself is good news for bank stocks and the economy in general, but there is one provision that is particularly good for SoFi.
Investing.com -- Stocks are mixed on Tuesday on hopes about a tentative agreement on the debt ceiling despite objections from some lawmakers. Here are the market movers for May 30.
Executives and early investors sold shares worth $22 billion through well-timed trades, profiting before share prices collapsed.
A grand ambition may be perfect for some investors, while for others, it might be too risky. Fool.com contributor and finance professor Parkev Tatevosian sheds light on SoFi's (NASDAQ: SOFI) long-term strategy.
SoFi (NASDAQ: SOFI) has added billions in deposits as other banks have lost billions. Fool.com contributor and finance professor Parkev Tatevosian elaborates on how SoFi has achieved this impressive feat.
Despite the market's recent volatility, some companies are offering investors sizzling stories worthy of consideration.
Is there a way or place to go and get credit card relief so don't have to pay it back? - MaryAnn; Racine, Wisconsin Hi MaryAnn, I completely understand why you may be feeling overwhelmed by your...
Many workers are graduating and “going to be in a hole and they can’t invest," Anthony Noto said.