Why SoFi’s stock is dropping, even after its earnings beat expectations
Investors were disappointed by the neobank’s restrained guidance.
Similar Posts
Northwestern projects receive Genesis Mission funding
The U.S. Department of Energy’s Genesis Mission has selected four projects with ties to Northwestern University for Phase I funding. The national initiative aims to build the world’s most powerful scientific platform with a goal to double the productivity and impact of American research and innovation within a decade. Recipients gathered today (July 22) in…
Directed technologies accelerates southeast asia expansion with gps2go acquisition, ETCIOSEA
As competition intensifies in the global connected mobility space, Australian-based Directed Technologies has taken a significant stride to deepen its Southeast Asian reach by acquiring Thailand’s GPS2GO, a move set to reshape the telematics landscape in the region.Strategic value of Thailand in automotive techThailand has emerged as a critical hub for the automotive and logistics…
Karoo Health closes USD 16.2M Series A financing round
Karoo Health announced the closing of a $16.2 million Series A financing round co-led by 7wire Ventures and Allumia Ventures, with participation from First Trust Capital Partners, LLC, SpringRock Ventures, Hyde Park Angels (HPA), and other marquee investors. As part of the financing, Lee Shapiro, Managing Partner at 7wire Ventures, and Jeff Stolte, Managing Partner…
I wore 3 blood pressure watches for a month to find the most accurate – and this one wins
Nina Raemont/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeaways High blood pressure, or hypertension, affects an estimated 1.3 billion people worldwide, according to the World Heart Federation, and it’s the number one risk factor for death on a global scale. The American Heart Association estimates that half of adults…
Electric air taxis go to war
Electric aviation is still in its infancy, but manufacturers are already looking beyond mere air taxi trips across cities. Today, one of the leading air taxi startups, San Jose-based Archer Aviation, unveiled a new aircraft it co-developed with defense technology company Anduril — though the platform is designed for both military and commercial uses, the…
Apple, Nvidia vie for title of world’s most valuable company
Apple and Nvidia battled it out on Friday for the title of world’s most valuable company, with the iPhone maker briefly topping the long-time leader in market value. Shares of Nvidia briefly dropped about 3% and its market value dipped to $4.84 trillion in early morning trading, while Apple hovered near a $4.88 trillion market…
