Are AI Agents SoFi Stock's Next Big Catalyst?
The digital bank is growing fast and leaning into AI.
Overview
The stock of SoFi Technologies (NASDAQ: SOFI) has been a huge disappointment for investors recently; it's down 32% year to date as of this writing.
However, it's been performing well and building its business, putting it in a position to climb again. Management just announced its latest acquisition, the artificial intelligence (AI) investing tool Composer. Is this its next big catalyst?
Details
SoFi aims to be a one-stop financial app for its users. It started out as a lender and has expanded into a large array of financial services, including investing tools.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.