News

Placing big bets on hot stocks isn't required to retire in comfort. An index fund can do the job very well.

The Federal Reserve on Wednesday hiked key interest rates to a target range of 3.75% to 4.00%, in line with market expectations.

Block filed with the OCC to form Builders Bank & Trust, N.A., a national trust charter aimed at cutting sponsor-bank fees and unifying compliance for Cash App and Square.

Despite a solid quarter, the market seems skeptical about the fintech's future.

Jannik Sinner, the world's top-ranked tennis player, has a coach. So does No. 1 golfer Scottie Scheffler. But do you need a financial coach?

Affirm posts better-than-expected revenue and gross merchandise volume in its fiscal fourth quarter.

Webull (NASDAQ:BULL) reported record second-quarter results for 2026, with revenue rising 51% year over year to $198.8 million as higher trading activity and customer asset growth lifted both transaction- and interest-related income. Group President and U.S. CEO Anthony Denier said the elimination

This single data point is also crucial to the company's long-term investment thesis.

Wall Street kicked off the week with a flurry of bold calls on some of the market's most closely watched names, and at least one stock just scored a target price hike of more than 50 percent from a major firm.

SOFI is down over 30% for the year despite reporting stellar earnings, as fears of high inflation and the expected rate hikes are keeping a lid on the stock.

Record loan originations and 15.8 million members drive profitability milestone.

Earnings season is showing that consumers are still spending and paying their bills, as indicated by SoFi and Visa.

Shay Boloor, chief market strategist at Futrum Equities, said in a post on X that the market is overpricing credit risk and underpricing the platform even as its expanding platform turns each new member into multiple financial relationships.

It fell 13% after the report.

Morgan Stanley lowered the price target on SoFi to $15 from $16 and maintained an ‘Underweight’ rating on the shares, saying that while the Q2 revenue beat by 7%, growth is becoming more capital intensive.

SoFi delivered a strong Q2 earnings beat, but its unchanged profit outlook sent the stock tumbling. So, what should be your stance now?

SoFi delivered strong member growth in the second quarter.

SoFi Technologies expands its financial ecosystem with member growth, AI offerings, lending strength and a higher 2026 revenue outlook.

SoFi’s Q2 revenue came in at a record $1.21 billion, a growth of 43% from a year earlier, while Robinhood’s total net revenues came in at $1.31 billion, a 32% increase year-on-year.

The Federal Reserve held benchmark interest rates steady for a fifth consecutive session.

Moby summary of SoFi Technologies, Inc.'s Q2 2026 earnings call

SoFi Technologies Inc (SOFI) reports a 40% revenue increase and record loan originations, while navigating competitive challenges and reinvesting in growth.

SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on "Bloomberg Tech."

SoFi Beats on Revenue and Profit, but Investors Hit the Sell Button

SoFi Technologies (NASDAQ:SOFI) reported second-quarter 2026 results marked by 40% year-over-year adjusted net revenue growth, record loan originations and continued growth in members and products, while raising its full-year revenue outlook. Adjusted net revenue rose to $1.2 billion in the quarter

SoFi crushed revenue estimates and raised its top-line outlook, yet shares cratered 10% anyway as sellers zeroed in on one number management refused to budge on.

Sofi Technologies (NASDAQ:SOFI) reported second quarter 2026 results that exceeded Wall Street expectations for revenue and adjusted earnings, while raising its full-year revenue outlook as the financial technology company continued to expand its member base and product offerings. The company...

Record $1.2 billion quarter and 35% member growth, but EBITDA and EPS outlook left unchanged

SoFi raised its full-year 2026 revenue outlook to $4.75 billion to $4.85 billion, up from its earlier guidance of $4.66 billion.

Seagate’s earnings give rival Western Digital a boost, while SK Hynix’s results drag down rival Micron.