Fintech stocks rallied Friday, driven by Bitcoin's breakout which boosted retail brokerages and crypto-linked fintech firms. Robinhood Markets led with a 13% gain due to its direct crypto transaction revenue, followed by SoFi Technologies up 5% with secondary crypto exposure. Affirm Holdings rose 2%, reflecting its limited crypto involvement. The Global X FinTech ETF gained 3%, reflecting mixed exposure across the sector. Investors should watch if the crypto-driven rally sustains, especially in Robinhood, which is most sensitive to Bitcoin movements. Position sizing is advised due to the volatility and potential for quick reversals in crypto-related trades.
SoFi's stock surged 13.42% after reporting better-than-expected Q3 earnings, with adjusted EPS of $0.18 and revenue of $1.39 billion. The company saw record loan originations and raised its 2027 guidance, suggesting the stock is undervalued at about ...
SoFi reported a strong Q3 2026 with revenue up 43% year-over-year and earnings beating analyst expectations, leading to raised revenue and EPS guidance for 2026. Despite this, SoFi's stock is still down 35% year-to-date due to earlier concerns over r...
SoFi Technologies reported a strong Q3 2026 with record loan originations and improved credit quality, driving an 11% stock surge. The company raised its full-year revenue and earnings outlook despite a tougher interest rate environment, signaling ro...
SoFi Technologies reported better-than-expected earnings for the third quarter, driven by significant growth in its lending business. The company added a record 1.2 million new members and 2.2 million new products, increases of 35% and 44% year-over-...
