Today: 9 June 2026
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Fintech 14 May 2026 - 7 June 2026

SoFi Drops, Eyes on Fintechs as Monday Looms

SoFi Drops, Eyes on Fintechs as Monday Looms

SoFi plunged 12% last week to $16.03 as a hot U.S. jobs report sparked fears of higher rates and pressured growth stocks, overshadowing SoFi’s AI Coach launch and stablecoin push; investors now eye Wednesday’s inflation data and SoFi’s June 17 annual meeting for clues on whether new products can offset macro headwinds and tech-platform revenue declines.
7 June 2026
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Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
4 June 2026
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SoFi Shares Move Up, Stablecoin Strategy Draws Wall Street Attention

SoFi Shares Move Up, Stablecoin Strategy Draws Wall Street Attention

SoFi jumped 1.9% to $18.58 with over 96 million shares traded after last week’s SoFiUSD launch, ahead of a full rollout to nearly 15 million members in early June. BTIG flagged rising loan-loss trends as a risk for the lending business. SoFi posted record Q1 net revenue of $1.1 billion and net income of $167 million, but shares slipped in April after the company kept its 2026 revenue forecast unchanged.
2 June 2026
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SoFi Shares Back in Focus Ahead of Stablecoin Launch Test

SoFi Shares Back in Focus Ahead of Stablecoin Launch Test

SoFi Technologies jumped 2.14% premarket Monday to $18.61 after a 17% surge last week, fueled by excitement over its new SoFiUSD stablecoin, now available to nearly 15 million members. Friday’s close was $18.22 on heavy volume. First-quarter GAAP revenue rose 43% to $1.1 billion, with net income at $166.7 million. Stablecoins remain unregulated and not FDIC-insured. Fintech peers Robinhood, Affirm, and LendingClub also traded higher.
1 June 2026
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Robinhood Moves to Let AI Agents Trade and Spend, Turning Up Pressure on Banks

Robinhood Moves to Let AI Agents Trade and Spend, Turning Up Pressure on Banks

Robinhood shares rose 9.6% to $83.55 after the company announced customers can now use AI agents to trade stocks and make virtual credit card purchases. The Agentic Trading and Agentic Credit Card features allow users to set up separate accounts for AI-directed transactions. Robinhood reported 27.4 million funded accounts and 4.3 million Gold subscribers in Q1.
28 May 2026
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SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi launched its bank-issued SoFiUSD stablecoin to nearly 15 million app users, expanding beyond enterprise clients. Shares traded at $16.17 before Thursday’s U.S. open, valuing the company at about $22.3 billion. The token is redeemable 1:1 for dollars from SoFi Bank and runs on Ethereum and Solana. SoFi reported Q1 adjusted net revenue of $1.09 billion and deposits of $40.2 billion.
28 May 2026
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SoFi Stock Moves After Dollar Stablecoin Launches in App

SoFi Stock Moves After Dollar Stablecoin Launches in App

SoFi Technologies shares rose to $16.17 Wednesday after the company launched its SoFiUSD stablecoin in its app for nearly 15 million members. The token, redeemable one-for-one for dollars and backed by liquid assets, has reached $100 million since December. Mastercard is partnering with SoFi to test card settlements using the stablecoin. SoFi plans to list SoFiUSD on the Bullish exchange by the end of June.
28 May 2026
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Robinhood Stock Slides After Crypto Slump Hits Earnings — What Investors Need to Know

Robinhood’s Canada crypto move gets approval, next challenge looms for HOOD

Robinhood Markets is set to enter Canada after WonderFi Technologies said regulators cleared the sale of Coinsquare Capital Markets, with closing expected around June 1. The $179 million deal gives Robinhood access to Canadian crypto firms Bitbuy and Coinsquare. Shares traded at $73.64 premarket, valuing the company at $67.4 billion. Robinhood’s crypto revenue fell 47% last quarter, while net revenue rose 15% to $1.07 billion.
26 May 2026
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Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab’s U.S.-listed shares rose 1.6% to $3.56 after the company moved to consolidate Indonesia’s Superbank, raising its stake above 50%. The consolidation will fold Superbank’s results into Grab’s financial-services segment from May 2026. Superbank has over six million customers and assets of 24 trillion rupiah as of April. Grab’s market value stood near $14.1 billion on Thursday.
22 May 2026
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SoFi Stock Treads Water as Traders Keep an Eye on Next Move

SoFi Stock Treads Water as Traders Keep an Eye on Next Move

SoFi Technologies shares fell 0.2% to $15.66 in early trading Thursday, underperforming tech peers as investors weighed strong first-quarter results against concerns over rates and credit risk. The company reported record loan originations of $12.2 billion and net income of $166.7 million, but kept its 2026 profit outlook unchanged after April’s earnings, disappointing some analysts.
21 May 2026
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Kraken’s Dubai Approval Gives It a Regulated Shot at UAE Crypto Traders

Kraken’s Dubai Approval Gives It a Regulated Shot at UAE Crypto Traders

Kraken parent Payward has received preliminary approval from Dubai’s Virtual Assets Regulatory Authority for a broker-dealer and investment licence, moving closer to a UAE launch. The approval allows Kraken to offer dirham funding, spot and margin trading, and institutional services, pending final regulatory clearance. Dubai’s VARA already licenses Binance, OKX, and Crypto.com. Kraken’s Dubai unit will operate under local supervision.
21 May 2026
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Nu Holdings shares rise as Nubank faces key credit test

Nu Holdings shares rise as Nubank faces key credit test

Nu Holdings shares rose 2.3% to $12.58 in New York on Wednesday, recouping losses after last week’s earnings. Nubank reported first-quarter revenue above $5 billion and net income of $871 million, but credit loss allowances jumped 33% to $1.79 billion. Early-stage non-performing loans reached 5.0%. The company’s customer base topped 135 million by March.
20 May 2026
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Stock Market Today

  • Enphase, Hillman, Herc Stocks Rally on Industrial Sector Recovery and AI Investment
    June 8, 2026, 10:14 PM EDT. Enphase, Hillman, and Herc shares surged after the industrial sector rebounded, fueled by a broad market recovery and strong AI-driven capital spending. AMD's announcement of a £2 billion ($2.66 billion) UK investment for AI research and infrastructure boosted market sentiment. Easing Middle East tensions also helped pull energy prices down, easing cost pressures on manufacturing and logistics. Herc (HRI), known for high volatility, rose amid a mixed financial backdrop: a 18.2% revenue increase to $1 billion but a net $35 million loss tied to acquisition costs and impairments. Despite lowered full-year revenue guidance and increased debt raising financial concerns, Herc shares remain 20.4% below their 52-week peak but still up over 27% versus five years ago.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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