Digital financial services company SoFi Technologies (NASDAQ:SOFI) will be reporting earnings this Tuesday before market hours. Here’s what investors should know.
The September 2025 Consumer Price Index (CPI) report, released today, October 24, 2025, indicated that inflation edged higher but came in "cooler-than-expected," providing a significant boost to financial markets and solidifying expectations for Federal Reserve interest rate cuts. The report, which was delayed due to a government shutdown, revealed a
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 4.1% in the afternoon session after JP Morgan raised its price target on the stock, while broader positive sentiment also lifted financial technology companies. The investment bank maintained its Neutral rating on SoFi but increased its price target to $26.00 from $24.00. The stock also appeared to benefit from a wider rally among its peers. This positive mood in the sector was helped by reports from large banks, like JPMorgan and Bank of America, which showed that consumers continued to spend on their credit and debit cards, suggesting loan demand remained healthy. Furthermore, softer-than-expected inflation data raised hopes that the Federal Reserve would soon cut interest rates. A lower interest rate environment could spur more demand for SoFi's personal and consumer loans.
Softer-than-expected CPI data is expected to pave the way for the Federal Reserve to cut the policy rate at its October meeting, according to an expert.
The average long-term US mortgage rate has recently dropped to its lowest level in over a year, a significant development that promises to inject much-needed vitality into a housing market grappling with affordability challenges. For the week ending October 23, 2025, the average rate on a 30-year fixed-rate US mortgage
WESTLAKE, Texas – October 23, 2025 – The Charles Schwab Corporation (NYSE: SCHW) today announced a regular quarterly cash dividend of $0.27 per common share, reaffirming its commitment to shareholder returns. Concurrently, the financial services giant also declared dividends for its outstanding preferred stock series. This consistent declaration signals robust financial
The S&P 500 has staged a remarkable rebound, soaring to unprecedented highs in late 2025 following a period of significant sell-off earlier in the year. This resurgence, driven by a powerful confluence of artificial intelligence advancements, robust corporate earnings, and strategic monetary policy adjustments, signals a dynamic shift in
A number of stocks fell in the afternoon session after new trade tensions and disappointing earnings from major tech companies weighed heavily on investor sentiment.
Trump's administration revives student loan forgiveness for 2.5 million borrowers, freeing up $536 a month, potentially boosting holiday retail spending by $16 billion.
