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zackf

zackf

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2022-07-04

$Semiconductor Bull 3X Shares(SOXL)$Monitor for a good entry point

2023-05-27

Do

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2022-04-17

$ProShares Ultra VIX Short-Term Futures ETF(UVXY)$Accumulating in case of black swan event

2022-06-18

$Semiconductor Bull 3X Shares(SOXL)$Let's seenext week

2022-04-30

$Direxion Daily Semiconductor Bull 3X Shares(SOXL)$Added some

2021-05-04

$Tiger Brokers(TIGR) patience and waiting

2022-05-22

$ProShares Ultra VIX Short-Term Futures ETF(UVXY)$Buy some

2021-04-30

$Lufax(LU)$Should I average down

2021-08-11

$Tiger Brokers(TIGR)$Go up more

2021-07-17

$Tiger Brokers(TIGR)$Hopeful for a rebound

2021-07-11

$Tiger Brokers(TIGR)$Share

2022-04-09

$ProShares UltraPro QQQ(TQQQ)$Opportunity to dca

2021-06-22

$Coinbase Global, Inc.(COIN)$Has been a drop since day 1 of entry

2021-05-29

$Unity Software Inc.(U)$Looks good

2022-06-17

$Teucrium Wheat Fund(WEAT)$Bought some

2021-12-28

$DraftKings Inc.(DKNG)$Nice

2021-08-06

$fuboTV Inc.(FUBO)$Waiting on this

2021-08-02

$AMD(AMD)$Share

2021-07-03

2021-06-23

$Esports Technologies, Inc.(EBET)$A new entry that intends to hold long on

Go to Tiger App to see more news

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10:30","market":"us","language":"en","title":"Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz","url":"https://stock-news.laohu8.com/highlight/detail?id=1160102314","media":"Decrypt","summary":"COVID-19 was hell for tech stock and chip manufacturers. But AI has now flipped the script. Here are","content":"<html><head></head><body><p>COVID-19 was hell for tech stock and chip manufacturers. But AI has now flipped the script. Here are the companies benefiting the most so far.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/50fb80b6f7cc03a5e3cf11a7b3b09fe9\" alt=\"Nvidia is one of the biggest chip manufacturers in the world. Image: Shutterstock\" title=\"Nvidia is one of the biggest chip manufacturers in the world. Image: Shutterstock\" tg-width=\"1280\" tg-height=\"720\"/><span>Nvidia is one of the biggest chip manufacturers in the world. Image: Shutterstock</span></p><p style=\"text-align: left;\">The pandemic may have brought about a storm, but it has also fostered fertile ground for innovation.</p><p style=\"text-align: left;\">The rise of AI, led by generative AI tools such as ChatGPT and Stable Diffusion, has not only aided the tech sector&#39;s recovery but has also driven it towards unprecedented growth. As we look into the future, one thing is clear: AI is not just a part of the tech industry; it is becoming the tech industry.</p><p>Markets, in general, are rebounding post-pandemic. However, the advent of AI has been a particular windfall for tech stocks, especially hardware manufacturers.</p><p style=\"text-align: left;\">The most evident recent example, of course, is NVIDIA, the company behind the leading industrial-grade graphic processing hardware and the creators of CUDA technology, without which contemporary AI developments would not be feasible.</p><p>In a mere five months, NVIDIA has experienced the most significant surge to its stock price in its history. It has now recorded a 166% spike after enduring a 50% drop due to a rough combination of political conflicts between the U.S. and China, the 2022 chip crisis, and a market standstill caused by the COVID-19 pandemic. In less than half a year, the company has recuperated from these losses, and there&#39;s no sign of it slowing down in the near term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/babbbe66a5a5d969b11406d4ee174e46\" alt=\"Nvidia stock. Image: TradingView\" title=\"Nvidia stock. Image: TradingView\" tg-width=\"1536\" tg-height=\"765\"/><span>Nvidia stock. Image: TradingView</span></p><h2 style=\"text-align: left;\">AI hardware manufacturers are on fire</h2><p style=\"text-align: left;\">However, NVIDIA is not the only company reaping the benefits of the AI surge. Other competing and related companies are also profiting significantly from this new trend. Here are some of the winners.</p><p style=\"text-align: left;\"><strong>Advanced Micro Devices Inc. (AMD)</strong></p><p style=\"text-align: left;\">AMD manufactures high-performance computing and graphics solutions that are utilized in AI applications. They have developed specific GPUs and CPUs that are optimized for machine learning and AI workloads, and they are the second-most popular choice of GPUs for domestic users.</p><p style=\"text-align: left;\">So far this year, the company&#39;s shares have ascended 94% from $65 to their current price of $125. If the share price hits $145, it would compensate for all of last year&#39;s losses.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6366ec81807efe1a416c683a32c2b31f\" alt=\"AMD stock. Image: TradingView\" title=\"AMD stock. Image: TradingView\" tg-width=\"1536\" tg-height=\"765\"/><span>AMD stock. Image: TradingView</span></p><p><strong>Taiwan Semiconductor Manufacturing (TSM)</strong></p><p style=\"text-align: left;\">TSM is the world&#39;s largest dedicated independent (pure-play) semiconductor foundry. As a foundry, they produce chips for various companies, many of which are involved in AI.</p><p style=\"text-align: left;\">The company is up 39% since the start of the year. With another 20% rise, it would recover the losses from 2022. Chip crisis? Where?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdf431d3491b72debe26255c5ac9539a\" alt=\"TSM stock. Image: TradingView\" title=\"TSM stock. Image: TradingView\" tg-width=\"1536\" tg-height=\"765\"/><span>TSM stock. Image: TradingView</span></p><p style=\"text-align: left;\"><strong>Micron Technology (MU)</strong></p><p style=\"text-align: left;\">Micron Technology is a global leader in the semiconductor industry. They manufacture a broad range of memory and storage products, which are crucial components for AI and machine learning systems that require quick and efficient data processing.</p><p style=\"text-align: left;\">MU shares have increased 47% so far in 2023, and they have growth potential of another 27% before encountering resistance marked by their own all-time high.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dca7c07adaccff09e676fa2e6169ea87\" alt=\"MU stock. Image: TradingView\" title=\"MU stock. Image: TradingView\" tg-width=\"1536\" tg-height=\"765\"/><span>MU stock. Image: TradingView</span></p><h2 style=\"text-align: left;\">Three AI-related software stocks to watch</h2><p style=\"text-align: left;\">Beyond the hardware realm, software companies are also experiencing a spectacular year, particularly due to the explosion of generative AI, with ChatGPT leading the hype.</p><p style=\"text-align: left;\"><strong>Meta (META)</strong></p><p style=\"text-align: left;\">Previously known as Facebook, Meta is one of the favorites among investors. Shifting focus from the metaverse to AI is yielding results for Mark Zuckerberg&#39;s company, which, in addition to implementing solutions in its traditional business model, has also published significant open-source contributions, including the Large Language Model LLaMa.</p><p style=\"text-align: left;\">A Large Language Model (or LLM) is an AI model trained on a large amount of text data and is able to generate human-like responces to different text prompts. (This simulates a conversation using natural language.) LLaMA is a highly popular LLM among AI users and developers.</p><p style=\"text-align: left;\">Meta has had its best half-year performance in history, rising 116% so far in 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10b62ba6035d47a486c207dd778f6949\" alt=\"META stock. Image: TradingView\" title=\"META stock. Image: TradingView\" tg-width=\"1536\" tg-height=\"765\"/><span>META stock. Image: TradingView</span></p><p style=\"text-align: left;\"><strong>Microsoft (MSFT)</strong></p><p style=\"text-align: left;\">Bill Gates&#39; company is renowned for being the creators of Windows and the Xbox gaming console. But now it is gaining ground for being the &#34;godfather&#34; of OpenAI, the company that developed LLM GPT-4 and ChatGPT, the chatbot that brought AI into the media spotlight.</p><p style=\"text-align: left;\">OpenAI is valued at $29 billion, and Microsoft alone has invested $13 billion. The decision to incorporate GPT-4 into their Edge browser and Bing search engine, as well as using Bing as the default search engine for ChatGPT, has been a catalyst for the tech giant&#39;s stock price. So far in 2023, Microsoft has risen nearly 40%, offsetting the losses from the previous year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c68c3791135de226b6c051a3c04f1e5\" alt=\"Microsoft stock. Image: TradingView\" title=\"Microsoft stock. Image: TradingView\" tg-width=\"1536\" tg-height=\"765\"/><span>Microsoft stock. Image: TradingView</span></p><p style=\"text-align: left;\"><strong>Alphabet Inc (GOOGL)</strong></p><p style=\"text-align: left;\">Alphabet, the parent company of Google, is heavily invested in AI. They have developed Tensor Processing Units (TPUs), which are custom-developed application-specific integrated circuits (ASICs) used to accelerate machine learning workloads. They are also the developers of TensorFlow, an open-source AI library, and offer cloud-based AI services. In the realm of software, the company has been much more active.</p><p style=\"text-align: left;\">The launch of Bard with its improved PaLM2 has been a success, positioning it as a direct competitor to ChatGPT. The release of LLM models tailored to customers&#39; needs has generated a positive response among its investors (unlike what happened when the company presented its first chatbot and it started hallucinating). GOOGL shares have risen 40% so far this year and are 20% away from growth until they challenge the resistance of their all-time high again.<br/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNot Just Nvidia: These Are the Other Big Winners in the AI Chip Biz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-27 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://decrypt.co/142568/nvidia-big-winners-ai-chip-biz-tech-stocks><strong>Decrypt</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>COVID-19 was hell for tech stock and chip manufacturers. But AI has now flipped the script. Here are the companies benefiting the most so far.Nvidia is one of the biggest chip manufacturers in the ...</p>\n\n<a href=\"https://decrypt.co/142568/nvidia-big-winners-ai-chip-biz-tech-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达","META":"Meta Platforms, Inc.","GOOGL":"谷歌A","TSM":"台积电","MSFT":"微软","MU":"美光科技"},"source_url":"https://decrypt.co/142568/nvidia-big-winners-ai-chip-biz-tech-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160102314","content_text":"COVID-19 was hell for tech stock and chip manufacturers. But AI has now flipped the script. Here are the companies benefiting the most so far.Nvidia is one of the biggest chip manufacturers in the world. Image: ShutterstockThe pandemic may have brought about a storm, but it has also fostered fertile ground for innovation.The rise of AI, led by generative AI tools such as ChatGPT and Stable Diffusion, has not only aided the tech sector's recovery but has also driven it towards unprecedented growth. As we look into the future, one thing is clear: AI is not just a part of the tech industry; it is becoming the tech industry.Markets, in general, are rebounding post-pandemic. However, the advent of AI has been a particular windfall for tech stocks, especially hardware manufacturers.The most evident recent example, of course, is NVIDIA, the company behind the leading industrial-grade graphic processing hardware and the creators of CUDA technology, without which contemporary AI developments would not be feasible.In a mere five months, NVIDIA has experienced the most significant surge to its stock price in its history. It has now recorded a 166% spike after enduring a 50% drop due to a rough combination of political conflicts between the U.S. and China, the 2022 chip crisis, and a market standstill caused by the COVID-19 pandemic. In less than half a year, the company has recuperated from these losses, and there's no sign of it slowing down in the near term.Nvidia stock. Image: TradingViewAI hardware manufacturers are on fireHowever, NVIDIA is not the only company reaping the benefits of the AI surge. Other competing and related companies are also profiting significantly from this new trend. Here are some of the winners.Advanced Micro Devices Inc. (AMD)AMD manufactures high-performance computing and graphics solutions that are utilized in AI applications. They have developed specific GPUs and CPUs that are optimized for machine learning and AI workloads, and they are the second-most popular choice of GPUs for domestic users.So far this year, the company's shares have ascended 94% from $65 to their current price of $125. If the share price hits $145, it would compensate for all of last year's losses.AMD stock. Image: TradingViewTaiwan Semiconductor Manufacturing (TSM)TSM is the world's largest dedicated independent (pure-play) semiconductor foundry. As a foundry, they produce chips for various companies, many of which are involved in AI.The company is up 39% since the start of the year. With another 20% rise, it would recover the losses from 2022. Chip crisis? Where?TSM stock. Image: TradingViewMicron Technology (MU)Micron Technology is a global leader in the semiconductor industry. They manufacture a broad range of memory and storage products, which are crucial components for AI and machine learning systems that require quick and efficient data processing.MU shares have increased 47% so far in 2023, and they have growth potential of another 27% before encountering resistance marked by their own all-time high.MU stock. Image: TradingViewThree AI-related software stocks to watchBeyond the hardware realm, software companies are also experiencing a spectacular year, particularly due to the explosion of generative AI, with ChatGPT leading the hype.Meta (META)Previously known as Facebook, Meta is one of the favorites among investors. Shifting focus from the metaverse to AI is yielding results for Mark Zuckerberg's company, which, in addition to implementing solutions in its traditional business model, has also published significant open-source contributions, including the Large Language Model LLaMa.A Large Language Model (or LLM) is an AI model trained on a large amount of text data and is able to generate human-like responces to different text prompts. (This simulates a conversation using natural language.) LLaMA is a highly popular LLM among AI users and developers.Meta has had its best half-year performance in history, rising 116% so far in 2023.META stock. Image: TradingViewMicrosoft (MSFT)Bill Gates' company is renowned for being the creators of Windows and the Xbox gaming console. But now it is gaining ground for being the \"godfather\" of OpenAI, the company that developed LLM GPT-4 and ChatGPT, the chatbot that brought AI into the media spotlight.OpenAI is valued at $29 billion, and Microsoft alone has invested $13 billion. The decision to incorporate GPT-4 into their Edge browser and Bing search engine, as well as using Bing as the default search engine for ChatGPT, has been a catalyst for the tech giant's stock price. So far in 2023, Microsoft has risen nearly 40%, offsetting the losses from the previous year.Microsoft stock. Image: TradingViewAlphabet Inc (GOOGL)Alphabet, the parent company of Google, is heavily invested in AI. They have developed Tensor Processing Units (TPUs), which are custom-developed application-specific integrated circuits (ASICs) used to accelerate machine learning workloads. They are also the developers of TensorFlow, an open-source AI library, and offer cloud-based AI services. In the realm of software, the company has been much more active.The launch of Bard with its improved PaLM2 has been a success, positioning it as a direct competitor to ChatGPT. The release of LLM models tailored to customers' needs has generated a positive response among its investors (unlike what happened when the company presented its first chatbot and it started hallucinating). GOOGL shares have risen 40% so far this year and are 20% away from growth until they challenge the resistance of their all-time high again.","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900211193,"gmtCreate":1658713749012,"gmtModify":1676536196108,"author":{"id":"3576636145098537","authorId":"3576636145098537","name":"zackf","avatar":"https://static.tigerbbs.com/6e148ee72387fd63bd5db10cbad48e8a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576636145098537","authorIdStr":"3576636145098537"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U\">$Unity Software Inc.(U)$</a>For long term holdings","listText":"<a href=\"https://ttm.financial/S/U\">$Unity Software Inc.(U)$</a>For long term holdings","text":"$Unity Software Inc.(U)$For long term 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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1652230910,"share":"https://ttm.financial/m/news/2234061097?lang=&edition=fundamental","pubTime":"2022-05-11 09:01","market":"us","language":"en","title":"SoFi Tops Expectations with Latest Earnings, Gives Mixed Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2234061097","media":"Dow Jones","summary":"Second-quarter forecast comes up light, but company raises full-year view in move that analyst says ","content":"<html><head></head><body><p>Second-quarter forecast comes up light, but company raises full-year view in move that analyst says &#39;defies the negative sentiment&#39;</p><p><a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a> topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.</p><p>SoFi (SOFI) reported its results shortly before 1:30 p.m. ET on Tuesday, after its stock had been halted for more than two hours. Reports indicated that the results had mistakenly gone up early, prior to the halt.</p><p>The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.</p><p>The company also logged adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of $8.7 million, up from $4.1 million a year before, whereas analysts were modeling $5 million.</p><p>SoFi&#39;s total revenue climbed to $330.3 million from $196.0 million. The FactSet consensus was for $282 million.</p><p>&#34;These strong results, which we achieved despite volatile markets and the changing political, fiscal and economic landscape, demonstrate how our strategy of building a full suite of differentiated products and services has created a uniquely diversified business that can not only endure, but outperform across market cycles,&#34; Chief Executive Anthony Noto said in a release.</p><p>The stock had been halted for news until 2:10 p.m. Eastern. Although shares tumbled to end the day down 12.1% after the halt was lifted, following the earnings release, that was better than their 18.5% pre-halt dive.</p><p>SoFi held its earnings call after the closing bell as scheduled, and shares were up 1.9% in after-hours trading Tuesday.</p><p>The company saw $1.2 billion in personal loan originations in the first quarter, up 151% from a year before.</p><p>&#34;This outperformance resulted from years of investment in technology to automate and accelerate the application to approval process for qualified borrowers and constant testing of risk controls and underwriting models to maintain the highest credit quality,&#34; the company said in a statement.</p><p>Noto added on the company&#39;s earnings call that SoFi&#39;s &#34;personal loan performance more than offset the continued lack of demand in student loan refinancing and the underperformance of home loans as we transition and onboard new fulfillment partners.&#34;</p><p>While the company&#39;s second-quarter forecast came in below analyst expectations, SoFi upped its forecast for the full year.</p><p>For the second quarter, SoFi expects adjusted net revenue of $330 million to $340 million, as well as adjusted Ebitda of $5 million to $15 million. Both are non-GAAP metrics. The FactSet consensus was for $344 million in revenue and $23 million in adjusted Ebitda.</p><p>Mizuho analyst Dan Dolev wrote that while the second-quarter outlook &#34;may look light&#34; versus the consensus view, he was encouraged by the company&#39;s &#34;impressive ramp in personal loans.&#34;</p><p>The company anticipates $1.505 billion to $1.510 billion in full-year adjusted net revenue, along with $100 million to $105 million in adjusted Ebitda. Both ranges, at the midpoint, came in above the latest outlook SoFi provided in April, when it forecast $1.47 billion in adjusted net revenue and $100 million in adjusted Ebitda after tweaking its outlook to account for an extension of the federal student-loan moratorium.</p><p>Analysts had been expecting $1.47 billion in revenue and $119 million in adjusted Ebitda.</p><p>The new full-year outlook &#34;defies the negative sentiment, which only worsened after [Upstart] results,&#34; Dolev wrote in a note to clients.</p><p>Amid a rout in fintech stocks, Dolev pressed SoFi on its earnings call to discuss how it was different from other financial-technology companies. Noto cited the company&#39;s diversified business model.</p><p>&#34;One of the biggest reasons why we&#39;ve been able to navigate the challenges of the last four years, and there have been multiple challenges every year, whether it&#39;s economic or industry-related or credit-related, is because we have that diversification and can reallocate our resources toward the best growth opportunities,&#34; Noto said.</p><p>SoFi won banking approval earlier this year, and the company shared Tuesday that it was seeing early benefits from its status as a bank.</p><p>&#34;As we scale the bank, we are gaining even more flexibility in lending,&#34; Noto said on the call. &#34;We are already achieving savings by using our own deposits rather than warehouse facilities to fund loans.&#34;</p><p>The company has begun to hold loans for six months on average, rather than three, enabling it to increase the net interest income it collects, he added.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoFi Tops Expectations with Latest Earnings, Gives Mixed Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoFi Tops Expectations with Latest Earnings, Gives Mixed Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-11 09:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Second-quarter forecast comes up light, but company raises full-year view in move that analyst says &#39;defies the negative sentiment&#39;</p><p><a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a> topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.</p><p>SoFi (SOFI) reported its results shortly before 1:30 p.m. ET on Tuesday, after its stock had been halted for more than two hours. Reports indicated that the results had mistakenly gone up early, prior to the halt.</p><p>The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.</p><p>The company also logged adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of $8.7 million, up from $4.1 million a year before, whereas analysts were modeling $5 million.</p><p>SoFi&#39;s total revenue climbed to $330.3 million from $196.0 million. The FactSet consensus was for $282 million.</p><p>&#34;These strong results, which we achieved despite volatile markets and the changing political, fiscal and economic landscape, demonstrate how our strategy of building a full suite of differentiated products and services has created a uniquely diversified business that can not only endure, but outperform across market cycles,&#34; Chief Executive Anthony Noto said in a release.</p><p>The stock had been halted for news until 2:10 p.m. Eastern. Although shares tumbled to end the day down 12.1% after the halt was lifted, following the earnings release, that was better than their 18.5% pre-halt dive.</p><p>SoFi held its earnings call after the closing bell as scheduled, and shares were up 1.9% in after-hours trading Tuesday.</p><p>The company saw $1.2 billion in personal loan originations in the first quarter, up 151% from a year before.</p><p>&#34;This outperformance resulted from years of investment in technology to automate and accelerate the application to approval process for qualified borrowers and constant testing of risk controls and underwriting models to maintain the highest credit quality,&#34; the company said in a statement.</p><p>Noto added on the company&#39;s earnings call that SoFi&#39;s &#34;personal loan performance more than offset the continued lack of demand in student loan refinancing and the underperformance of home loans as we transition and onboard new fulfillment partners.&#34;</p><p>While the company&#39;s second-quarter forecast came in below analyst expectations, SoFi upped its forecast for the full year.</p><p>For the second quarter, SoFi expects adjusted net revenue of $330 million to $340 million, as well as adjusted Ebitda of $5 million to $15 million. Both are non-GAAP metrics. The FactSet consensus was for $344 million in revenue and $23 million in adjusted Ebitda.</p><p>Mizuho analyst Dan Dolev wrote that while the second-quarter outlook &#34;may look light&#34; versus the consensus view, he was encouraged by the company&#39;s &#34;impressive ramp in personal loans.&#34;</p><p>The company anticipates $1.505 billion to $1.510 billion in full-year adjusted net revenue, along with $100 million to $105 million in adjusted Ebitda. Both ranges, at the midpoint, came in above the latest outlook SoFi provided in April, when it forecast $1.47 billion in adjusted net revenue and $100 million in adjusted Ebitda after tweaking its outlook to account for an extension of the federal student-loan moratorium.</p><p>Analysts had been expecting $1.47 billion in revenue and $119 million in adjusted Ebitda.</p><p>The new full-year outlook &#34;defies the negative sentiment, which only worsened after [Upstart] results,&#34; Dolev wrote in a note to clients.</p><p>Amid a rout in fintech stocks, Dolev pressed SoFi on its earnings call to discuss how it was different from other financial-technology companies. Noto cited the company&#39;s diversified business model.</p><p>&#34;One of the biggest reasons why we&#39;ve been able to navigate the challenges of the last four years, and there have been multiple challenges every year, whether it&#39;s economic or industry-related or credit-related, is because we have that diversification and can reallocate our resources toward the best growth opportunities,&#34; Noto said.</p><p>SoFi won banking approval earlier this year, and the company shared Tuesday that it was seeing early benefits from its status as a bank.</p><p>&#34;As we scale the bank, we are gaining even more flexibility in lending,&#34; Noto said on the call. &#34;We are already achieving savings by using our own deposits rather than warehouse facilities to fund loans.&#34;</p><p>The company has begun to hold loans for six months on average, rather than three, enabling it to increase the net interest income it collects, he added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2234061097","content_text":"Second-quarter forecast comes up light, but company raises full-year view in move that analyst says 'defies the negative sentiment'SoFi Technologies Inc. topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.SoFi (SOFI) reported its results shortly before 1:30 p.m. ET on Tuesday, after its stock had been halted for more than two hours. Reports indicated that the results had mistakenly gone up early, prior to the halt.The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.The company also logged adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of $8.7 million, up from $4.1 million a year before, whereas analysts were modeling $5 million.SoFi's total revenue climbed to $330.3 million from $196.0 million. The FactSet consensus was for $282 million.\"These strong results, which we achieved despite volatile markets and the changing political, fiscal and economic landscape, demonstrate how our strategy of building a full suite of differentiated products and services has created a uniquely diversified business that can not only endure, but outperform across market cycles,\" Chief Executive Anthony Noto said in a release.The stock had been halted for news until 2:10 p.m. Eastern. Although shares tumbled to end the day down 12.1% after the halt was lifted, following the earnings release, that was better than their 18.5% pre-halt dive.SoFi held its earnings call after the closing bell as scheduled, and shares were up 1.9% in after-hours trading Tuesday.The company saw $1.2 billion in personal loan originations in the first quarter, up 151% from a year before.\"This outperformance resulted from years of investment in technology to automate and accelerate the application to approval process for qualified borrowers and constant testing of risk controls and underwriting models to maintain the highest credit quality,\" the company said in a statement.Noto added on the company's earnings call that SoFi's \"personal loan performance more than offset the continued lack of demand in student loan refinancing and the underperformance of home loans as we transition and onboard new fulfillment partners.\"While the company's second-quarter forecast came in below analyst expectations, SoFi upped its forecast for the full year.For the second quarter, SoFi expects adjusted net revenue of $330 million to $340 million, as well as adjusted Ebitda of $5 million to $15 million. Both are non-GAAP metrics. The FactSet consensus was for $344 million in revenue and $23 million in adjusted Ebitda.Mizuho analyst Dan Dolev wrote that while the second-quarter outlook \"may look light\" versus the consensus view, he was encouraged by the company's \"impressive ramp in personal loans.\"The company anticipates $1.505 billion to $1.510 billion in full-year adjusted net revenue, along with $100 million to $105 million in adjusted Ebitda. Both ranges, at the midpoint, came in above the latest outlook SoFi provided in April, when it forecast $1.47 billion in adjusted net revenue and $100 million in adjusted Ebitda after tweaking its outlook to account for an extension of the federal student-loan moratorium.Analysts had been expecting $1.47 billion in revenue and $119 million in adjusted Ebitda.The new full-year outlook \"defies the negative sentiment, which only worsened after [Upstart] results,\" Dolev wrote in a note to clients.Amid a rout in fintech stocks, Dolev pressed SoFi on its earnings call to discuss how it was different from other financial-technology companies. Noto cited the company's diversified business model.\"One of the biggest reasons why we've been able to navigate the challenges of the last four years, and there have been multiple challenges every year, whether it's economic or industry-related or credit-related, is because we have that diversification and can reallocate our resources toward the best growth opportunities,\" Noto said.SoFi won banking approval earlier this year, and the company shared Tuesday that it was seeing early benefits from its status as a bank.\"As we scale the bank, we are gaining even more flexibility in lending,\" Noto said on the call. \"We are already achieving savings by using our own deposits rather than warehouse facilities to fund loans.\"The company has begun to hold loans for six months on average, rather than three, enabling it to increase the net interest income it collects, he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9047287116,"gmtCreate":1656927091735,"gmtModify":1676535917065,"author":{"id":"3576636145098537","authorId":"3576636145098537","name":"zackf","avatar":"https://static.tigerbbs.com/6e148ee72387fd63bd5db10cbad48e8a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576636145098537","authorIdStr":"3576636145098537"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$</a>Monitor for a good entry point","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$</a>Monitor for a good entry point","text":"$Semiconductor Bull 3X Shares(SOXL)$Monitor for a good entry 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