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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
$SoFi Technologies (SOFI.US)$ 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.

$Warren Buffett Portfolio (LIST2999.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Berkshire Hathaway-A (BRK.A.US)$
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
SOFI TECHNOLOGIES ANNOUNCED A  $2 BILLION DEAL 🤯 | SoFi Partners w/Venus Williams & Cameron Brink
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