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$SoFi Technologies Inc.(SOFI)$SoFi Technologies (NASDAQ:SOFI) surged 28% on Wednesday after the fintech delivered better-than-expected Q2 revenue and adjusted EBITDA and lifted its full-year guidance against a backdrop where investors were willing to take on some risk. Nasdaq, a broader market gauge, climbed 2.6%. During the company's earnings call, management pointed to robust deposit growth and noted that its student loan segment could perform even better than guidance if the federal moratorium on government student loan repayments is lifted before the end of the year.ear.
$SoFi Technologies Inc.(SOFI)$SoFi Technologies (NASDAQ:SOFI) surged 28% on Wednesday after the fintech delivered better-than-expected Q2 revenue and adjusted EBITDA and lifted its full-year guidance against a backdrop where investors were willing to take on some risk. Nasdaq, a broader market gauge, climbed 2.6%. During the company's earnings call, management pointed to robust deposit growth and noted that its student loan segment could perform even better than guidance if the federal moratorium on government student loan repayments is lifted before the end of the year.ear.

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