SOFI TECHNOLOGIES ANNOUNCED A $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
$SoFi Technologies (SOFI.US)$ SoFi Technologies announced a $2 billion deal with Fortress Capital to grow its personal loans business. SoFi CEO Anthony Noto said the business can help SoFI "diversify toward less
capital-intensive and more fee-based
sources of revenue.”
Shares of SoFi were up over 8% in early trading Monday following the news. https://www.investopedia.com
$SoFi Technologies (SOFI.US)$ SoFi Stock Rises, Lifted by $2B Fortress Capital Loan Deal
capital-intensive and more fee-based
sources of revenue.”
Shares of SoFi were up over 8% in early trading Monday following the news. https://www.investopedia.com
$SoFi Technologies (SOFI.US)$ SoFi Stock Rises, Lifted by $2B Fortress Capital Loan Deal
$SoFi Technologies (SOFI.US)$ SoFi Partners with Venus Williams and Cameron Brink
$Berkshire Hathaway-B (BRK.B.US)$ Boosts $Sirius XM (SIRI.US)$ Sirius XM Stake Amid Stock Surge
Sirius XM Holdings (SIRI.US) saw its stock rise 8.7% to $27.10 on October 14, bringing relief to investors amid a year-to-date decline of 51%. The boost in share price is linked to Warren Buffett’s Berkshire Hathaway, which increased its stake in the company to 32% by purchasing 3.6 million shares for around $87 million.
Stock Recovery: The surge comes after a period of significant declines, with Sirius XM down nearly 44% year-over-year.
Strategic Changes: Following its merger with Liberty Media, Sirius XM has embarked on a new strategy as an independent public company. CEO Jennifer Witz emphasized investing in subscription services and enhancing consumer experiences.
Subscriber Trends: The company reported a loss of 100,000 self-pay subscribers in Q2, but this was an improvement compared to the previous year.
Podcast Acquisition: Sirius XM is acquiring the popular podcast "Call Her Daddy" from Spotify for $125 million. However, some analysts view this as a desperate move given Sirius XM's recent struggles.
Analyst Views: JP Morgan recently reinstated coverage with an underweight rating and a $20 price target, citing concerns about long-term subscriber growth.
Sirius XM is set to report its earnings on October 31, which will be closely watched for further insights into the company’s performance and future direction.
$Warren Buffett Portfolio (LIST2999.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Berkshire Hathaway-A (BRK.A.US)$
Sirius XM Holdings (SIRI.US) saw its stock rise 8.7% to $27.10 on October 14, bringing relief to investors amid a year-to-date decline of 51%. The boost in share price is linked to Warren Buffett’s Berkshire Hathaway, which increased its stake in the company to 32% by purchasing 3.6 million shares for around $87 million.
Stock Recovery: The surge comes after a period of significant declines, with Sirius XM down nearly 44% year-over-year.
Strategic Changes: Following its merger with Liberty Media, Sirius XM has embarked on a new strategy as an independent public company. CEO Jennifer Witz emphasized investing in subscription services and enhancing consumer experiences.
Subscriber Trends: The company reported a loss of 100,000 self-pay subscribers in Q2, but this was an improvement compared to the previous year.
Podcast Acquisition: Sirius XM is acquiring the popular podcast "Call Her Daddy" from Spotify for $125 million. However, some analysts view this as a desperate move given Sirius XM's recent struggles.
Analyst Views: JP Morgan recently reinstated coverage with an underweight rating and a $20 price target, citing concerns about long-term subscriber growth.
Sirius XM is set to report its earnings on October 31, which will be closely watched for further insights into the company’s performance and future direction.
$Warren Buffett Portfolio (LIST2999.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Berkshire Hathaway-A (BRK.A.US)$
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liquidityHunter : this news is huge
Coach Donnie OP liquidityHunter : Yep are you long on $SoFi Technologies (SOFI.US)$
liquidityHunter Coach Donnie OP : long since 7 dollars
Coach Donnie OP liquidityHunter : Congratulations
Coach Donnie OP : * ETFs, Longs, Shorts
in that order.
does 7-10% a year, my ETFs gotta yield or earn the same or MORE on an annual basis, to be worth my time.
ETFs and Longs is the retirement and Generational Wealth. NO funny stuff in the ETFs and the Longs. Shorts is for fun and Free Cash Flow… but can occasionally also hit 2x to 10x plus, if it doesn’t go to 0. Hail Mary.
* Only invest LONG TERM in stuff that’s outperforming the market. S&P 500
* The Long Game
Recognize that investing is often about long-term growth rather than short-term gains. The market can be volatile, and understanding that ups and downs are part of the journey can help you remain patient.
* A Setback is just a Setup for a Comeback
#CoachDonnie