Rising Rate Pressure Tests The Case For SoFi Stock
SoFi Technologies is contending with pressure from persistent inflation, higher rate expectations and a weaker banking sector backdrop, which have weighed on sentiment toward its lending centric business model. Even as SoFi pushes into areas like stablecoins and a crypto-linked card program with Orbi and Mastercard, investors remain focused on profit growth headwinds from higher funding costs and heavier marketing spend. We will now look at how SoFi Technologies' investment narrative...
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