What SoFi's earnings reveal about the state of loans: CEO

) are dropping as the company reported its first quarter earnings. The results included revenue of $645 million, a 37% increase year-over-year, beating estimates of $556 million. However, the results were overshadowed by SoFi's adjustment to second quarter revenue: between $555 million and $565 million, well below analyst expectations of $590 million.

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Investment Firm Initiates Coverage on SOFI with Buy RatingNeedham, an investment firm, has initiated coverage on SOFI with a buy rating and set a price target of $10 per share. The analyst believes that SOFI is a long-term winner in the lending platform industry.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Global strife is boosting Cargojet's freight business, CEO saysArmed conflict in Ukraine and the Red Sea has ramped up freight shipments for Cargojet Inc., as global discord pushes companies to seek alternate transit routes.
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Global strife is boosting Cargojet's freight business, CEO saysArmed conflict in Ukraine and the Red Sea has ramped up freight shipments for Cargojet Inc., as global discord pushes companies to seek alternate transit routes.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »