SoFi Originated a Record $10.7 Billion in Personal Loans Last Quarter. Here's Where That Credit Risk Actually Sits.
As of June 30, SoFi’s balance sheet held $28 billion in personal loans, representing 57% of the total lending book.
Industry
Better Tech Behemoth: Alphabet vs. Microsoft Stock
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT) are two of the biggest tech giants on the market, and the third and fourth-largest companies in the world. Each has posted terrific results in its mos…
UTStarcom Holdings Posts Wider H1 Net Loss As Revenue Slips, Expenses Climb
(RTTNews) - UTStarcom Holdings Corporation (UTSI), a telecom infrastructure provider, on Friday reported a wider net loss for the first-half fiscal 2026, mainly due to increased expenses and decreased revenue.
Fabrinet's COO Sells Nearly 7,000 Shares for $3.6 Million. Here's What That Means for Investors.
The transaction involved 6,933 shares with an estimated value of ~$3.6 million based on the August 11, 2026 valuation price.
Wheat Fades Early Gains as Black Sea Tensions Shift
The wheat complex is holding onto the firmer trade at midday but have pulled off the early double digit strength. Chicago SRW contracts are up 2 to 3 cents so far at midday. KC HRW futures are showing 1 to 3 cent gains …
Stock Market Today, Aug. 13: Stocks Rise as Inflation Cools, Workday Soars 18%
The S&P 500 (SNPINDEX:^GSPC) gained 0.65% to 7,799 after clearing 7,800 for the first time in intraday trading. The Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.81% to 26,803, and the Dow Jones Industrial Average (DJINDI…
Nat-Gas Prices Fall on Bearish EIA Report
Aug nat-gas prices on Thursday fell after the weekly EIA report showed that nat-gas inventories rose by +55 bcf, which was a bigger increase than expectations of +49 bcf although lower than the 5-year average of +61 bcf…
Dollar Ends Little Changed Despite Dovish US PPI Report
The dollar index (DXY00) on Thursday ended the day little changed despite downward pressure from the dovish US PPI report, which lowered the odds of a Fed rate hike in September to 35% from 40% on Wednesday. In addition…
Stock Market Today, Aug. 13: Cellebrite Shares Plummet 29% After Missing Earnings, Cutting 2026 Revenue Guidance
Cellebrite DI (NASDAQ:CLBT), a digital forensics and investigative intelligence software provider, closed at $10.80, down 29.18%. The stock tumbled after Cellebrite cut full-year revenue guidance and reported a quarterl…
Abeona Therapeutics Swings To Q2 Net Loss; Shares Plunge
(RTTNews) - Abeona Therapeutics Inc. (ABEO), a commercial-stage biopharmaceutical company developing cell and gene therapies, reported financial results for the second quarter reflecting a swing to a net loss compared t…
Stocks See Support from Favorable PPI Report
The S&P 500 Index ($SPX) (SPY) today is up +0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.14%. September E-mini S&P futures (ESU25) are up +0.15%, a…
Soybeans Starting Thursday Trade with Slight Weakness
Soybean price action is down 1 to 2 cents so far on Thursday morning. Futures posted 6 to 17 ¼ cent gains on Wednesday despite a neutral to slightly bearish USDA report. Open interest was down 2,948 contracts, suggestin…
Corn Slipping Back to Start Thursday Following Wednesday’s Rally
Corn is trading with Thursday morning losses of 3 to 4 cents. Futures closed the Wednesday session with contracts down 18 to 20 ½ cents in through next July, with deferreds up 4 to 11 ½ cents. Open interest was up just …
Prediction: Alphabet's $200 Billion Bet Will Result in Huge Profit Growth
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is increasing its already massive bets on the future of demand for AI computing infrastructure. In the company's most recent quarterly report, management upped its 2026 capital ex…
Sam Altman Told the White House He Supports Slowing AI Development. Here's Why That Matters for AI Stocks.
Sam Altman’s message is simple: Even OpenAI now recognizes that AI development may need to slow down when safety and security can’t keep pace.
VeriSign CEO James Bidzos Sells 3,300 Shares for $979,000
The CEO sold different amounts of shares on the day to reach that 3,300 total being sold.
Jensen Huang Just Signed 7 Japanese Industrial Giants Into Nvidia's Physical AI Coalition. Here's Why $1 Trillion in Confirmed Demand Should Matter to Investors.
Japan’s biggest industrial companies are building their AI and robotics future around Nvidia, which could create a steady stream of demand for years.
There's No Denying Macy's Is a Great Buy Now, but This Stock Could Be an Even Better Buy Over the Next 10 Years
Investors often face choices. Sometimes, it comes down to two good stocks. In that case, you have to pick which one you think will do better.
NurExone's Exo-Top Signs Binding MOU With Made Scientific For U.S. GMP Exosome Manufacturing
(RTTNews) - NurExone Biologic Inc. (NRX.V, NRXBF) announced that its U.S. subsidiary, Exo-Top Inc has signed a binding memorandum of understanding with Made Scientific, Inc to establish an exclusive U.S. Good Manufactur…
The Next Big AI Market Bottleneck Is Here: 8 Stocks to Play the Boom in Optics
Marvell and Broadcom are leaders in optical DSPs, while Lumentum has a virtual monopoly for InP lasers.
The Puzzle Pieces for Stagflation Are Beginning to Take Shape, and That's Terrible News for Fed Chair Kevin Warsh and Wall Street
Despite the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite vaulting to new highs in 2026, a nightmare scenario may be brewing on Wall Street.
Prediction: Nvidia Will Be Worth $6 Trillion by the End of 2026
Nvidia's valuation has plummeted over the past three years as its revenue, profits, and stock price have soared.
Which Precious Metals ETF Is the Better Buy: iShares' Gold Trust IAU or Silver Miners SLVP?
iShares Gold Trust provides a way to track physical gold bullion with an expense ratio that is lower than its silver-mining counterpart.
CoreWeave Has $104 Billion of Contracted Revenue and a $59 Billion Market Value
CoreWeave's revenue backlog reached about $104 billion at the end of June, up from $30.1 billion a year earlier.