- SoFi Technologies (SOFI) introduced "Composer by SoFi" today, an AI-powered investing platform enabling users to create, test, and automate investment strategies.
- The launch follows SoFi's acquisition of Composer Securities and is part of its strategy to strengthen its ecosystem with innovative technologies.
- Despite a broader tech sector weakness, with the Nasdaq dropping more than 1%, SoFi is trading up 2.4% to $17.51, recovering from Mondayβs 4.52% decline.
- Crypto-linked sentiment remains mixed as Bitcoin and Ethereum continue to trade lower.