SoFi Technologies Inc is a financial technology company that provides a range of services aimed at helping consumers manage their finances and achieve their financial goals
The company offers products such as personal loans, mortgages, credit cards, investment services, and student loan refinancing, all designed to simplify the borrowing and investing process. In addition to its financial products, SoFi also features a social network for members to connect and share financial insights, as well as educational resources to empower individuals in making informed financial decisions. Overall, SoFi seeks to disrupt traditional financial systems by leveraging technology to create a more accessible and user-friendly financial experience.
SOFI stock is down sharply despite posting its best year ever; however on a day when all technology stocks were getting whacked this could be time to buy
For the fourth quarter, SoFi Tech reported a 19% year-over-year (YoY) rise in net revenue to $734.12 million compared to a Wall Street estimate of $682 million. Earnings per share (EPS) stood at $0.29 versus an analyst estimate of $0.04.
A wild selloff rattled tech stocks on Monday, striking at the heart of AI optimism as China’s DeepSeek startup unveiled an open-source large language model platform that outperforms OpenAI’s ChatGPT at a
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its fourth quarter and fiscal year ended December 31, 2024.
