SoFi Technologies (SOFI) is trading up +4.04% at $17.99 following the launch of Composer by SoFi, an AI-powered investing platform.

  • The new platform is designed to help customers create, test, and automate trading strategies, reinforcing SoFi's push to become an all-in-one digital financial services app.
  • This move expands SoFi's AI investing capabilities and is a significant company-specific catalyst for the stock, particularly as broader cryptocurrency prices were mostly lower and market indices showed mixed to modest gains on the day.