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Why SoFi Technologies Stock Plunged 12.5% ​​After Earnings


Why SoFi Technologies Stock Plunged 12.5% ​​After Earnings

SoFi Technologies (NASDAQ:SOFI) The stock fell 12.5% ​​as of 9:45 a.m. ET Tuesday, despite beating on sales and profit in its earnings report this morning. Looking at earnings, analysts forecast that the online bank would post earnings of $0.04 per share on $632.3 million. In fact, SoFi reported earnings of $0.05 per share and revenue […]

Tesla unexpectedly reports a profit of $2.17 billion in the third quarter, up 17.3% from a year ago


Tesla unexpectedly reports a profit of .17 billion in the third quarter, up 17.3% from a year ago

DETROIT (AP) — Tesla's net profit rose 17.3% in the third quarter from a year earlier as electric vehicle sales rose. The Austin, Texas-based company said Wednesday that it earned $2.17 billion from July to September, higher than its profit of $1.85 billion in the same period in 2023. The profit came despite price cuts […]