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Economy / Tech

SoFi Soars After Strong 2027 Forecast Impresses Wall Street...

SoFi, the online personal finance platform, has faced investor skepticism over the past year amid broader fintech volatility and concerns about lending margins. The company's latest earnings report included forward guidance for early 2027 that apparently addressed some of those worries—enough to trigger a significant move in the stock price. Wall Street's positive reaction suggests the market sees a credible path to growth or profitability that wasn't evident before, though context on whether SoFi raised revenue targets, improved loan quality metrics, or reduced expected losses would clarify what specifically shifted investor sentiment.
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