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Check out the companies making headlines in midday trading: SoFi Technologies — The consumer fintech company’s stock price plunged roughly 10.5% on disappointing second-quarter earnings guidance. SoFi forecast adjusted revenue…
The disruption of traditional bricks-and-mortar banks by fintech companies was already occurring when the pandemic sent startups offering banking services faster, cheaper, and more digitally accessible into overdrive. A rush…
FTX founder Sam Bankman-Fried leaves following his arraignment in New York City on December 22, 2022. Ed Jones | AFP | Getty Images Of the billions of dollars in customer…