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SoFi Stock Is Sliding Wednesday: What’s Driving The Move?

SoFi Stock Is Sliding Wednesday: What’s Driving The Move?

by Henry Khederian | Jun 3, 2026 | General

SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower on Wednesday as traders fade a recent crypto-product pop and reset risk in growth-leaning fintech names. SoFi Technologies shares are retreating from recent levels. What’s behind SOFI decline? What’s Driving...

Bitcoin Implosion Has Exposed Crypto As ‘Failed Asset Class,’ Veteran Analyst Says

by Parshwa Turakhiya | Jun 3, 2026 | General

Macro analyst Alex Krüger declared crypto a “failed asset class” on Tuesday but carved out four exceptions he still considers worth owning as Bitcoin (CRYPTO: BTC) slides toward $65,000. Most Crypto Is Worthless But Four Categories Are Different Krüger’s case against...

The Closeout Goldmine: Ollie’s Army Swells To 17 Million Members As Inflation-Weary Shoppers Hunt for Deals

by Anusuya Lahiri | Jun 3, 2026 | General

Ollie’s Bargain Outlet Holdings, Inc (NASDAQ:OLLI) reported fiscal first-quarter results on Wednesday. The company reported first-quarter adjusted earnings per share of 91 cents, topping the Street view of 87 cents. Quarterly sales of $658.93 million (+14.2%...

Microsoft Doubles Down On Unproven Quantum Tech, Sets 3-Year Target

by Stjepan Kalinic | Jun 3, 2026 | General

Microsoft (NASDAQ:MSFT) has accelerated its quantum computing ambitions, announcing plans to deliver a commercially useful, scalable quantum computer by 2029. The company moved the target from 2033 after a June 2 release of Majorana 2 – the company’s latest...

Analysts Back GitLab As Duo Agent Platform Gains Early Traction

by Anusuya Lahiri | Jun 3, 2026 | General

Wall Street analysts updated their views on GitLab Inc. (NASDAQ:GTLB) following the company’s latest results, with Needham and BTIG staying bullish. At the same time, DA Davidson and Guggenheim remained neutral despite stronger-than-expected quarterly metrics...
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