Today: 11 June 2026
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Fintech 21 May 2026 - 11 June 2026

Lemonade Shares Jump as Investors Zero In on Profit Path

Lemonade Shares Jump as Investors Zero In on Profit Path

Lemonade shares jumped 10.6% to an intraday high above $60 after CEO Daniel Schreiber and CFO Tim Bixby appeared at Morgan Stanley’s U.S. Financials Conference, as investors focused on the company’s reiterated target for positive adjusted EBITDA in Q4 and a fresh TD Cowen price target hike, with shrinking losses and improved underwriting driving optimism.
10 June 2026
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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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Stock Market Today

  • Boardwalk REIT's High P/E and Mixed Returns Challenge Valuation
    June 11, 2026, 6:12 AM EDT. Boardwalk Real Estate Investment Trust (TSX:BEI.UN) closed at CA$65.48, showing mixed returns: short-term gains contrast with a 3.49% decline over the past year. The stock's price-to-earnings (P/E) ratio stands at 54.3x, significantly above the Canadian sector average of 13.4x and global average of 23.7x. This high multiple reflects market expectations for earnings growth despite an 86.1% decline in annual earnings and a drop in profit margins from 66.1% to 9%. A discounted cash flow model estimates a fair value of CA$75.49, suggesting potential undervaluation relative to future cash flows. Investors are weighing whether current prices incorporate anticipated growth or if the premium P/E signals overvaluation amid recent weak earnings.

Latest articles

Gold Price Week Ahead: Why Bullion Faces a Volatile Open as Fed Bets and Iran Tensions Collide

Gold trades near ₹1 lakh in Chennai, Fed worries keep rebound in check

11 June 2026
Chennai gold prices plunged to ₹13,500 a gram, pulling eight-gram sovereigns below ₹1.10 lakh for the first time since early June, as global bullion struggled near a six-month low and U.S. inflation data fueled fresh Federal Reserve rate hike fears, pressuring both local and international gold futures.
Clover Health Up Again After CMS Star Rating Shift Alters 2027 Payment View

Clover Health Up Again After CMS Star Rating Shift Alters 2027 Payment View

11 June 2026
Clover Health soared 13.99% to $4.89 after CMS recalculated its main Medicare Advantage PPO contract’s 2026 Star Rating to 4.5 from 3.5, following a federal court order, making the plan eligible for higher 2027 quality bonus payments; premarket trading pushed shares to $5.29 as investors anticipate improved economics for a contract covering over 97% of Clover’s members.
Battalion Oil Shares Jump With Traders Looking to BATL on Iran Tension

Battalion Oil Shares Jump With Traders Looking to BATL on Iran Tension

11 June 2026
Battalion Oil soared 57.25% to $2.06 on record volume after U.S.-Iran attacks sent oil prices surging, with traders piling into high-beta small-cap producers; the company’s revenue is highly sensitive to crude prices, but derivative losses and balance sheet risks remain, and Thursday’s annual meeting and Monument Draw drilling are the next key events.
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