BofA cuts SoFi rating amid valuation concerns

SoFi Technologies' stock was downgraded by BofA from Neutral to Underperform, despite a strong year-to-date performance, raising concerns over its high valuation and risk factors.

Silver Lake Sells 31.2 Million SoFi Shares, Stock Dips 2.7%

SoFi Technologies' shares fell 2.7% after Silver Lake offloaded 31.2 million shares, including a 19 million share sale, affecting their significant ownership stake.

BofA unpacks potential impact of US election on Consumer Finance stocks

Ford, PayPal and DR Horton fall premarket; Pfizer rises

US stock futures are steady as investors await corporate earnings, with significant premarket movers like Ford and Pfizer reacting to earnings results.

SoFi Technologies stock gains 5% on strong Q3 results, raised guidance

SoFi Technologies reported strong Q3 results, beating earnings estimates, growing revenue by 30%, adding new members, and raising its full-year revenue guidance.

SoFi debuts platform for companies to offer expanded access to IPOs

SoFi partners with PrimaryBid to streamline IPO share placements, enhancing access for individual investors and competing with traditional financial firms in the evolving fintech landscape.