Retail investors are shifting from SoFi to Robinhood, while Morgan Stanley raised its rating on Robinhood stock, with sentiment tracked on StockTwits.
1 report, 1 independent
Updated Sep 2
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What happened
Retail investors are shifting from SoFi to Robinhood, while Morgan Stanley raised its rating on Robinhood stock, with sentiment tracked on StockTwits.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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SoFi
American financial services company
- SoFi lost a major client, Chime, due to its own charter pursuit, and Fed rate hikes are increasing deposit costs and affecting loan demand.
- Nvidia CEO Jensen Huang spoke at a conference in Seoul. Meanwhile, Anthony Noto bought SoFi stock, Elon Musk purchased Tesla stock, and Jamie Dimon bought shares of JPMorgan Chase.
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Robinhood
American financial services company
Related events
- Robinhood's core crypto offering influences SoFi's return.
- Investors used SoFi to trade Coca-Cola stock on August 19, 2026.
- Morgan Stanley and Geode Capital Management acquired positions in SoFi shares, concurrent with insider sales disclosures to the SEC.
- Robinhood Markets stock is trading on Nasdaq, and Morgan Stanley upgraded the stock to Overweight, amidst strong growth and revenue surpassing crypto revenue.
- While SoFi and Robinhood are fintech companies, they are currently facing market challenges, though Cramer remains positive on SoFi.