SoFi stock faces July earnings test with focus on $22.41 convertibles

SoFi Technologies, Inc. heads into Thursday’s pre-market with a more precise valuation test than the standard fintech growth story. The stock faces the $22.41 convertible-note level by October, while it also needs to hold its bank-style tangible-book multiple.

Earnings Reports · NASDAQ:AFRM · NASDAQ:SOFI · NYSE:LC · Stock Market
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NVIDIA

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Meta Platforms

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Amazon

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Microsoft

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Key Events Today

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#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

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Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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