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- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
SoFi Technologies (SOFI) PT Raised to $13 at Jefferies
October 29, 2024 3:42 PM EDTJefferies analyst John Hecht raised the price target on SoFi Technologies (NASDAQ: SOFI) to $13.00 (from $12.00) while maintaining a Buy rating.
The analyst comments "3Q24 results beat cons, driven by higher origination, NII, and non-interest rev from the new Loan Platform.... More
Mizuho Reiterates Outperform Rating on SoFi Technologies (SOFI)
October 29, 2024 11:01 AM EDTMizuho analyst Dan Dolev reiterated an Outperform rating and $14.00 price target on SoFi Technologies (NASDAQ: SOFI).
The analyst comments "SOFI is trading down 9% despite a stellar quarter. We believe bears are confused, as worries are unmerited. There had been concerns... More
Goldman Sachs Reiterates Neutral Rating on SoFi Technologies (SOFI)
October 29, 2024 7:56 AM EDTGoldman Sachs analyst Michael Ng reiterated a Neutral rating and $7.50 price target on SoFi Technologies (NASDAQ: SOFI).
The analyst comments "SOFIs 3Q24 EBITDA of $186 mn beat GS/consensus of $182 mn/$166 mn with adjusted revenue of $689 mn beating GS/consensus of $637 mn/$636... More

