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SoFi Doubles Down on AI Despite Market Pullback

SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on…

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SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on “Bloomberg Tech.”
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34 Comments

34 Comments

  1. @Cartman2437

    July 29, 2026 at 5:07 pm

    SoFi rules

  2. @SofiMillionaire

    July 29, 2026 at 5:10 pm

    Great Stuff

  3. @RyanInSartell

    July 29, 2026 at 5:13 pm

    I use and love Sofi

    • @tristategaragedoorservices3382

      July 29, 2026 at 5:49 pm

      Me too

    • @WanderingWillow12

      July 29, 2026 at 5:52 pm

      Same

    • @jbishop7037

      July 29, 2026 at 7:01 pm

      I still do

  4. @turkGOLF

    July 29, 2026 at 5:18 pm

    SOFI is a solid company

    • @markshepperson3603

      July 29, 2026 at 7:07 pm

      Back to 7 next week. I’m looking at 4-5 years when it’s 40-50.

    • @ricardotrujillo2704

      July 29, 2026 at 7:22 pm

      @markshepperson3603 you’re a clown

    • @markshepperson3603

      July 29, 2026 at 7:55 pm

      @ricardotrujillo2704 Fight me!

    • @FlahertySean099

      July 29, 2026 at 8:35 pm

      @markshepperson3603 I don’t see it going down any further. They beat all the likes besides 1.

  5. @TOM89999

    July 29, 2026 at 5:31 pm

    SOFI’s latest earnings report was very good. The tech platform was down from last year but we all knew that already because Chime left the platform at the end of the year. If the macro enviroment push this to single digits I am buying.

  6. @sailee2346

    July 29, 2026 at 5:38 pm

    sofi is garbage
    investors are sooooo fockkkkkeddd

  7. @RobStrategy

    July 29, 2026 at 5:46 pm

    SoFi Invest needs a 🔥, like Webull’s leadership 🦸

    • @WanderingWillow12

      July 29, 2026 at 5:54 pm

      No, if they follow the Webull route or Robinhood route I would leave. It’s perfect for long term investors who just want simplicity and ease.

  8. @FlyEaglesFlyyy

    July 29, 2026 at 5:49 pm

    Bought back in at 14.90. Had been out for a little. Thinking I should have sold already. Probably be back under 15 soon. Gets crapped on too much.

  9. @jjcooney9758

    July 29, 2026 at 5:59 pm

    They hate on this guy but he’s doing a great job. He’s gonna get so rich when people realize what they’ve done. The market rewards patience.

  10. @DwnNdirty

    July 29, 2026 at 6:01 pm

    Lol, they did Noto dirty on the thumbnail 😂

    • @Sheisty

      July 29, 2026 at 6:08 pm

      i was laughing hard

  11. @borisnegrarosa9113

    July 29, 2026 at 6:02 pm

    Stock will continue down until next year.

    • @gergnotsloh

      July 29, 2026 at 6:06 pm

      ok Nostradamus.

    • @borisnegrarosa9113

      July 29, 2026 at 6:22 pm

      @gergnotsloh Thanks.

    • @allexovi827

      July 29, 2026 at 7:37 pm

      lmao, they gonna put up increasing revenue throughout the year while their stock plummets? I think it’s more likely that investors look at revenue

  12. @artist1303

    July 29, 2026 at 6:05 pm

    Keep up the great work Mr. Noto I’m an investor and I’m happy to invest more!

  13. @stevejenisch9153

    July 29, 2026 at 6:29 pm

    why in the world would you use an LLM in underwriting when efficient and effective and proven risk modeling already exists with classical machine learning techniques?

  14. @letsgotospace2145

    July 29, 2026 at 6:33 pm

    If the stock price drops when the fundamentals continue to improve then that’s a good sign to buy before the market catches up!

  15. @jbishop7037

    July 29, 2026 at 6:58 pm

    SOFI and so cheap right now. Back up the truck!

  16. @Noodles8ify

    July 29, 2026 at 7:00 pm

    🚛 👈📦 👈Sofi shares

  17. @VSVAVS

    July 29, 2026 at 7:29 pm

    buy buy buy buy buy

  18. @WallStreetpartygoer

    July 29, 2026 at 7:53 pm

    @Noto my opinion to get retail and wall street behind sofi it should be advertised as finance is bigger than AI which I believe it’s a true statement so people will understand it better just what I think let’s get our money right

  19. @ras_pt

    July 29, 2026 at 7:55 pm

    just sack this guy. he doesnt know what he is doing

  20. @terrie001

    July 29, 2026 at 8:20 pm

    Will we see $12 next?

  21. @Knuckles-The-GOAT

    July 29, 2026 at 9:00 pm

    SoFi is a growing company.
    $SOFI is a terrible investment!

  22. @Zero11_ss

    July 29, 2026 at 9:29 pm

    I sold out for a gain a while ago, this company just kept diluting and I lost all interest.

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Bloomberg Technology

Why Moonshot’s Kimi K3 Matters Beyond China

Moonshot’s Kimi K3 has reignited debate over China’s role in the AI race, but Beringea Chief Investment Officer Karen McCormick says the bigger story is the growing availability of cheaper, open-weight AI models. She joins Bloomberg to explain why lower-cost AI is helping startups build faster, forcing frontier model providers to stay competitive, and accelerating…

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Moonshot’s Kimi K3 has reignited debate over China’s role in the AI race, but Beringea Chief Investment Officer Karen McCormick says the bigger story is the growing availability of cheaper, open-weight AI models. She joins Bloomberg to explain why lower-cost AI is helping startups build faster, forcing frontier model providers to stay competitive, and accelerating AI adoption across industries. She joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

AI Workers Call for US to Pace Tech’s Growth

More than 1,100 workers from top AI firms have signed a petition calling on the US government to help “deliberately pace” AI development. The letter’s signatories include the CEO of Anthropic and the chief scientists from OpenAI and Meta Superintelligence Lab. Bloomberg’s AI editor Seth Fiegerman joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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More than 1,100 workers from top AI firms have signed a petition calling on the US government to help “deliberately pace” AI development. The letter’s signatories include the CEO of Anthropic and the chief scientists from OpenAI and Meta Superintelligence Lab. Bloomberg’s AI editor Seth Fiegerman joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

SK Hynix Slips Ahead of Big Tech Results | Bloomberg Tech 7/29/2026

Bloomberg’s Ed Ludlow breaks down why SK Hynix’s Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company’s earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with…

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Bloomberg’s Ed Ludlow breaks down why SK Hynix’s Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company’s earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with Microsoft and Meta coming next.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:33 – SK Hynix Spending Soars
00:03:55 – Kioxia’s Price Target Slashed
00:04:42 – Moonshot AI Surpasses Funding Goal
00:07:49 – OpenAI Models Hacked Modal Before Hugging Face
00:10:03 – Huang: Open-Weight is “Important”
00:10:49 – AI Leaders Call for US To Pace Tech’s Growth
00:14:41 – Talking Tech
00:16:04 – SoFi CEO Anthony Noto
00:23:38 – Tech Earnings Face Market Growing Skeptical of AI
00:26:08 – Logitech Warns About Impact of Incident at Supplier
00:28:34 – WBD-PSKY Deal Collapse Would Cost Ellisons Billions
00:31:33 – Frontier AI Getting Cheaper Helps Startups: McCormick
00:37:27 – Meta Earnings Expectations
00:38:37 – Microsoft Looks To Extent AI Momentum
00:40:29 – Chipmakers Brace for AI Reality Check
——–
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