SoFi CEO defends decision to hold guidance steady
By Alexa Lomonaco
Published on April 29, 2026.
SoFi shares fell more than 15% after the company declined to raise its full-year outlook. CEO Anthony Noto stated that this decision reflects macro reality, not weakening fundamentals. Despite a strong quarter, SoFi's performance was largely in line with expectations. The company also met its "Rule of 40" target for the 18th consecutive quarter.
Related Articles
Bitcoiners encouraged to stay invested amid falling value during Las Vegas conference
Despite a consistent fall in Bitcoin's value, enthusiasts are urging investors to hold on to the cryptocurrency despite its recent highs, with strong investor interest and a strong health and wellness focus.
Sources: Anthropic could raise a new $50B round at a valuation of $900B
Anthropic is considering a $50 billion fundraising round amid high investor demand, with potential for an IPO and strong competition from OpenAI.
Red Rock Resorts reports record Las Vegas results amid renovations
Red Rock Resorts reported record first-quarter net revenue from its Las Vegas operations, driven by ongoing renovations at Durango, Green Valley Ranch, and Sunset Station.