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Shares of SoFi Technologies surged 9.8% following news of a $2 billion agreement with Fortress Investment Group to expand its loan platform business. Sirius XM Holdings saw an 8% increase after Berkshire Hathaway disclosed an increased position in the company. Cryptocurrency-related Stocks rose as Bitcoin surpassed $66,000, with Mara Holdings and Coinbase registering gains. AppLovin experienced a 1% drop after a Goldman Sachs downgrade. Boeing’s stock dipped 1% after announcing layoffs and a delay in the delivery of its 777X plane. Ibotta’s shares climbed 5.5% following a Goldman Sachs upgrade. Flutter Entertainment rose 4% after Wells Fargo upgraded shares. Caterpillar fell 1.7% after a downgrade by Morgan Stanley. Hims & Hers Health rose 6.8% after the FDA approved compounding pharmacies to sell a weight loss drug.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.