Bloomberg Technology
SoFi Shares Plunge 13% on Wider-Than-Expected Loss Per Share
The competition in Fintech is heating up as more people look to alternatives for traditional investing. Bloomberg’s Emily Chang speaks with SoFi CEO on the future of finance and the company’s bet on crypto.
Bloomberg Technology
Odd Lots: Maybe AI Won’t Kill Us All — Just Some of Us
Big Tech has been sounding alarms about the risk of AI causing human extinction but there are also skeptics who dismiss the notion, like former US Federal Trade Commissioner Alvaro Bedoya, who referenced the Black Death to dismiss warnings of existential risks. On this episode of the Odd Lots podcast recorded live at the Vermont…
Bloomberg Technology
James Manyika on AI Regulation
“I don’t think it should be left to any one company.” Google SVP James Manyika says a “collective effort” is needed to ensure AI safety. ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here: Get the latest in tech from…
Bloomberg Technology
Billions Pour Into OpenAI, DeepSeek Ahead of IPOs
Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI…
Odd Lots: Maybe AI Won’t Kill Us All — Just Some of Us
James Manyika on AI Regulation
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Man SoFi
August 14, 2021 at 1:47 am
Great work!
William Kim
August 14, 2021 at 2:37 am
Square or Paypal should try to acquire Sofi and Robinhood.
adhd trader
August 14, 2021 at 10:19 pm
I dont think square (cash app) wld need it, they already have investing/crypto options, credit card etc.
David Ng
August 14, 2021 at 3:23 am
Go CHARGERS Go!
Juancho LMP
August 14, 2021 at 3:29 am
Great work Noto
루이
August 14, 2021 at 6:19 am
we love SOFI
chris palma
August 14, 2021 at 7:06 am
Great mission!
Zack Leong
August 14, 2021 at 3:51 pm
sofiii
Josh Galt
August 14, 2021 at 4:51 pm
Such a great growth story so far. I can’t understand why the market has caused your stock to tank by $8bn in the past two months. $MQ does the same thing as Galileo, and both are showing similar revenues and annual growth. But $MQ is worth more than $SOFI+Galileo combined ????♂️
NzmAnh Dee
August 14, 2021 at 9:50 pm
Got shorted
Ravneet Dhillon
August 15, 2021 at 1:30 pm
its like Slack, beloved product, bad stock
Steven H.
August 14, 2021 at 4:52 pm
Sofi has so much potential!! We need more GenZ and millennials on the platform ❗️ many say that app looks boring.
Michael Thompson
August 14, 2021 at 8:04 pm
It is a little “flat” I agree but I got over it pretty easily. I think there needs to be a stronger focus on more “analytics” whether it be regarding their lending, stocks or crypto.
Possibly as customizable view instead of having “random” items showing up on my “home”.
adhd trader
August 14, 2021 at 10:17 pm
What are the advantages of using sofi?
Steven H.
August 15, 2021 at 1:28 am
@Michael Thompson yes!
Steven H.
August 15, 2021 at 1:29 am
@adhd trader early access to IPO at good price. Fractional shares. Online banking. Crypto. Lending. Debit card. It has it all!
art chiu
August 14, 2021 at 9:01 pm
needs to growth faster as sofi still making >80% of profits on lending, needs more cross selling to higher margin businesses like credit cards, insurance, investing, crypto, as well as cross selling via partnerships. the sofi app UI is busy…needs more members to compete
루이
August 14, 2021 at 11:12 pm
When individuals sell in fear
Institutional ownership jumped from 3% to almost 8%.
(Source – Fintel)
Chao Yi Cheong
August 15, 2021 at 1:05 am
thank you
루이
August 15, 2021 at 6:00 am
‘SOFI’ executes Amazon flywheel strategy to create a ‘SOFI World’ and lifetime customer lock-in strategy.
So ‘SOFI’ will be a huge financial company in 10 years.
Ravneet Dhillon
August 15, 2021 at 1:30 pm
Stock is Decimated so there’s that for optimism