🔴 SoFi Technologies is trading 10.1% down today despite Q2 earnings beat and raised revenue guidance, as profitability outlook remains unchanged

SoFi Technologies is trading 10.1% down at $15.05 following its Q2 2026 earnings. While the company exceeded revenue and EPS expectations and raised its full-year revenue guidance, the stock declined due to investors' concerns over: - The company maintaining its full-year adjusted EBITDA and EPS guidance despite the strong revenue beat. - Continued weakness in its technology platform business, which saw revenue decline 23% year-over-year. - A "sell the news" dynamic, as the market had already priced in strong results, leading to a recalibration around ambitious second-half margin targets.