Bloomberg Technology

SoFi CEO: Don’t Need to Grow Balance Sheet Faster

SoFi raised its profit guidance for a third time this year as the fintech benefited from efforts to diversify beyond the student-lending business that made its name. SoFi CEO Anthony Noto joins Caroline Hyde and Ed Ludlow to discuss the latest earnings and the company’s move from being “just a lender.” He speaks on “Bloomberg…

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SoFi raised its profit guidance for a third time this year as the fintech benefited from efforts to diversify beyond the student-lending business that made its name. SoFi CEO Anthony Noto joins Caroline Hyde and Ed Ludlow to discuss the latest earnings and the company’s move from being “just a lender.” He speaks on “Bloomberg Technology.”
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39 Comments

  1. @Visionauts89

    October 29, 2024 at 2:53 pm

    This guy is so good in what he does! 🙂

  2. @crispyduck1706

    October 29, 2024 at 2:59 pm

    Great work took the opportunity to increase my holding when they tried to flush the market out

  3. @flybone100

    October 29, 2024 at 3:00 pm

    Happy this wasn’t behind a paywall like the articles are.

  4. @brooks_7075

    October 29, 2024 at 3:08 pm

    Noto for president

  5. @GG-Anaximander

    October 29, 2024 at 3:17 pm

    Anybody who thinks Sofi will do great have no idea about how fintech and lending works. Sofi will do fine, but not great. Invest wisely.

    • @user-cg7kr7xx1q

      October 29, 2024 at 4:05 pm

      Explain please.

    • @GG-Anaximander

      October 29, 2024 at 4:28 pm

      @@user-cg7kr7xx1q Hold on and you will see. You are looking to a company who pays youtubers to feed the viewers daily. CEO is doing a great job in my opinion, but the upside is not as crazy as the youtubers make you believe. You either embrace the reality or pay for for it down the years. Invest in Sofi but keep it in check.

  6. @sr-ch8fq

    October 29, 2024 at 3:44 pm

    We all know that Anthony Noto love to sandbag this is going to be a money bag..

  7. @isaacsolo

    October 29, 2024 at 3:51 pm

    hdhdhd

  8. @BobLaurin

    October 29, 2024 at 3:52 pm

    Wish he’d look into the stock manipulation and or naked shorting.

    • @TheIvyLens

      October 29, 2024 at 4:21 pm

      He’s in the long haul. He has a bonus package to get the stock to 45 a share by 2026. So you can guarantee a x4 return by 2026 at these levels. I’ll be holding my stock for 30 years and sell when I retire.

    • @kurtpedersen1703

      October 29, 2024 at 4:28 pm

      @@TheIvyLens He’ll do everything he can to max his bonus, but to call that a guarantee is pretty bold.

  9. @isaacsolo

    October 29, 2024 at 3:52 pm

    rjhrhe

  10. @shanebarnhart8709

    October 29, 2024 at 4:07 pm

    Why did it take such a big hit today?

    • @ryanlevens3169

      October 29, 2024 at 6:13 pm

      Profit taking stock is up 40% in 20 days how much more do you want

  11. @TheIvyLens

    October 29, 2024 at 4:19 pm

    Love Noto! But it looks like he has aged a lot in the last year or so. Get him a personal assistant and some help so he doesn’t burn out!

  12. @joydip4476

    October 29, 2024 at 4:21 pm

    Love everything he said as a Sofi investor

  13. @markanderson1974

    October 29, 2024 at 4:27 pm

    What an awesome CEO.

  14. @nikobaez9506

    October 29, 2024 at 4:33 pm

    Yessir

  15. @dayv619

    October 29, 2024 at 5:40 pm

    Amazing quarter I will continue to buy more shares

  16. @ThePaulGardner

    October 29, 2024 at 6:06 pm

    Investing right now in SoFi is a once in a lifetime opportunity. This is as close to a sure win as it gets and the bears/shorts know it! Will be a $100+ in 5 years. Mark this post!

  17. @shakeypudding6563

    October 29, 2024 at 6:59 pm

    Sadly the market disagreed. You need to use the word “AI” much more often when discussing earnings, lol.

  18. @steveshaneyfelt7150

    October 29, 2024 at 7:08 pm

    Hope he don’t get hired away.

  19. @Bartelbee

    October 29, 2024 at 8:11 pm

    The next Jamie Dimon

  20. @baileycavachonong2266

    October 29, 2024 at 8:14 pm

    Ill pray for your good health!!! Loaded today during the dip ❤❤❤

  21. @StarLight-lt2tm

    October 29, 2024 at 8:42 pm

    I still don’t get how stocks beat earnings but tank 10%

  22. @StarLight-lt2tm

    October 29, 2024 at 8:43 pm

    I got into Sofi yesterday at 10.10. Didn’t quite buy in at the bottom but I’m happy to hold these shares for a while and see what happens. I will buy more shares if it’s under 10.

  23. @TomEdwardi

    October 29, 2024 at 8:43 pm

    I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement.

  24. @smr2346

    October 29, 2024 at 8:58 pm

    Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don’t know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate. I am under pressure to grow my reserve

    • @daniellelawing

      October 29, 2024 at 8:58 pm

      Palantir, ARM and Nvidia are all still good buy, it’s vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions

    • @smr2346

      October 29, 2024 at 9:01 pm

      This is definitely considerable! can you pls suggest a professional advisor for me? i’m in dire need of proper portfoIlo allocation

    • @daniellelawing

      October 29, 2024 at 9:01 pm

      Gabriel Alberto William is the licensed adviser I used . He is regarded as a genius in his areas of work to Empower Financial Services. By looking him up online, you can quickly verify his level of experience. He is well knowledgeable about financial markets

    • @smr2346

      October 29, 2024 at 9:02 pm

      He appears to be well-educated and well-read. I ran an online search with his full name and came across his website, thank you for sharing

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    October 29, 2024 at 9:12 pm

    Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

    • @parkereric6397

      October 29, 2024 at 9:12 pm

      I’m 37 and have been looking for ways to be successful, please how??

    • @laurawilliams713

      October 29, 2024 at 9:13 pm

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    • @laurawilliams713

      October 29, 2024 at 9:13 pm

      Mrs Kathy lien

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      Same, I met Kathy lien last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Kathy lien

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