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SoFi
StoneX maintained its Buy rating on SoFi Technologies, lifting the target to $27 from $25. The firm cited strong 2027 guidance and a profitable business model as key drivers.
Part of a series: SoFi expands products and beats earnings estimates
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SoFi
SoFi Technologies reported Q3 revenue of $1.385 billion, up 44 percent year over year, and adjusted EPS of $0.18. The company raised its 2026 revenue outlook to approximately $5.04 billion and provided a 2027 forecast above Wall Street expectations.
Amazon
Amazon is eliminating up to 250 positions in its devices and services unit to boost efficiency. This follows the removal of about 1,000 retail jobs earlier this month, ahead of the company's Q3 earnings release.
Robinhood
Bernstein reiterated its Outperform rating on Robinhood, setting a $160 price target that implies roughly 69 percent upside. Analyst Gautam Chhugani cited growth in prediction markets and crypto infrastructure as key drivers for the next 12 to 18 months.
Musk Acquisition
Paradigm analysts view Viacom as having high potential for acquisition by Elon Musk, citing ongoing spectrum speculation.
Alexa
Amazon introduced a new lineup of smart home products, including an updated Echo Dot with a built-in Wi-Fi extender and a 16-inch Echo Show. The devices feature enhanced AI capabilities and are priced between $99.99 and $569.99.
Satellite Connectivity
Viasat, Space42, and Terrestar reached a preliminary accord to link their networks with the Equatys platform. The plan involves sharing capacity and gateways to support direct-to-device services while keeping CaStar under Canadian jurisdiction.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.