Unusual Volume Noted for FINX ETF on Thursday
ETF Performance Overview: The Global X FinTech ETF saw significant trading activity on Thursday, with Sofi Technologies and Bitfarms both down approximately 6.8% on high volumes of over 46.6 million and 33.3 million shares, respectively.
Top and Bottom Performers: Aci Worldwide was the best-performing component, gaining about 6%, while Cipher Mining lagged behind, trading down approximately 9.5%.
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SOFI Stock Under Scrutiny: Muddy Waters CEO Warns of Greater Risk — Claims AI May Impact Its Main Borrowers
Concerns Over AI Disruption: Block's CEO, Carson Block, highlighted that SoFi's position may be "ground zero" for AI-related disruptions in personal finance, particularly affecting high-earning borrowers who are not yet wealthy and could face displacement due to AI advancements.
Rejection of Claims: SoFi has rejected claims made by Muddy Waters Research regarding its financial practices, arguing that the report lacks understanding of its operations and asserting compliance with U.S. GAAP and SEC standards.
Potential Financial Risks: Block raised concerns about SoFi's financial and structural risks, suggesting that AI could replace up to 15% of knowledge workers in the near term, directly impacting SoFi's borrowers' ability to repay loans.
Stock Performance and Sentiment: Despite a decline of over 33% year-to-date, retail sentiment around SoFi remains bullish, with confidence expressed in the company's CEO, Anthony Noto, amid ongoing scrutiny of its financial disclosures.
GEMI Shares Rise as Company Achieves Highest Revenue in Three Years Amid Lawsuit, Job Cuts, and Earnings Shortfall
Q4 Revenue and Losses: Gemini reported a nearly 40% increase in Q4 revenue to $52 million, but losses widened to $140.8 million, contributing to an annual loss of $585 million, including unrealized losses on crypto holdings.
Shareholder Discontent: Shareholders have filed a class-action lawsuit against Gemini, alleging fraud and lack of transparency regarding the company's business prospects and recent strategic decisions.
Stock Performance: Despite the losses, Gemini's stock saw a rise of up to 6% in pre-market trading, although it has dropped over 80% since its IPO in 2025, reflecting ongoing challenges in the crypto market.
Operational Changes: The Winklevoss twins, co-founders of Gemini, indicated that the company has reduced its workforce by nearly 30% and exited several international markets to cut costs and improve profitability amidst a challenging crypto environment.
The Stock That Withstood the AI Doomsday Predictions
Market Sentiment: Wall Street is experiencing fear and uncertainty, particularly due to concerns surrounding artificial intelligence.
Stock Performance: Despite the market turmoil, some stocks are still viewed as safe havens for investors seeking stability.
6 Stocks Poised to Thrive Amid AI-Driven Economic Changes
Manufacturing and Aerospace Stocks: Manufacturing and aerospace & defense stocks are emerging as potential safe investments amid industry disruptions caused by artificial intelligence.
Impact of AI on Industries: Artificial intelligence is significantly affecting various sectors, including software, financial technology, and professional services.
"GE and Five Additional Stocks Poised to Thrive Amid AI-Driven Economic Changes"
Manufacturing and Aerospace Stocks: Manufacturing and aerospace & defense stocks are emerging as potential safe investments amid industry disruptions caused by artificial intelligence.
Impact of AI: Artificial intelligence is significantly affecting various sectors, including software, financial technology, and professional services.
Oxbridge-SurancePlus Launches Tokenized Reinsurance on Solana Through Blockchain Collaboration
Partnership Announcement: Oxbridge Re Holdings Ltd. and its subsidiary SurancePlus have partnered with Alphaledger to introduce tokenized reinsurance securities on the Solana blockchain, aiming to broaden access to this asset class for a wider range of investors.
Investment Opportunities: SurancePlus will offer balanced-yield and high-yield tokenized reinsurance products with targeted annual returns of 20% and 42%, available to accredited investors with a minimum investment of $5,000.
Market Expansion: The collaboration seeks to digitize reinsurance contracts as on-chain real-world assets (RWAs), moving the market beyond traditional institutional buyers and into the portfolios of accredited investors looking for diversification.
Management Insights: Executives from Oxbridge and the Solana Foundation emphasized the significance of this collaboration in enhancing access to high-yield, uncorrelated assets, thereby strengthening the institutional credibility of RWAs within the Solana ecosystem.
SOFI Stock Under Scrutiny: Muddy Waters CEO Warns of Greater Risk — Claims AI May Impact Its Main Borrowers
Concerns Over AI Disruption: Block's CEO, Carson Block, highlighted that SoFi's position may be "ground zero" for AI-related disruptions in personal finance, particularly affecting high-earning borrowers who are not yet wealthy and could face displacement due to AI advancements.
Rejection of Claims: SoFi has rejected claims made by Muddy Waters Research regarding its financial practices, arguing that the report lacks understanding of its operations and asserting compliance with U.S. GAAP and SEC standards.
Potential Financial Risks: Block raised concerns about SoFi's financial and structural risks, suggesting that AI could replace up to 15% of knowledge workers in the near term, directly impacting SoFi's borrowers' ability to repay loans.
Stock Performance and Sentiment: Despite a decline of over 33% year-to-date, retail sentiment around SoFi remains bullish, with confidence expressed in the company's CEO, Anthony Noto, amid ongoing scrutiny of its financial disclosures.
GEMI Shares Rise as Company Achieves Highest Revenue in Three Years Amid Lawsuit, Job Cuts, and Earnings Shortfall
Q4 Revenue and Losses: Gemini reported a nearly 40% increase in Q4 revenue to $52 million, but losses widened to $140.8 million, contributing to an annual loss of $585 million, including unrealized losses on crypto holdings.
Shareholder Discontent: Shareholders have filed a class-action lawsuit against Gemini, alleging fraud and lack of transparency regarding the company's business prospects and recent strategic decisions.
Stock Performance: Despite the losses, Gemini's stock saw a rise of up to 6% in pre-market trading, although it has dropped over 80% since its IPO in 2025, reflecting ongoing challenges in the crypto market.
Operational Changes: The Winklevoss twins, co-founders of Gemini, indicated that the company has reduced its workforce by nearly 30% and exited several international markets to cut costs and improve profitability amidst a challenging crypto environment.
The Stock That Withstood the AI Doomsday Predictions
Market Sentiment: Wall Street is experiencing fear and uncertainty, particularly due to concerns surrounding artificial intelligence.
Stock Performance: Despite the market turmoil, some stocks are still viewed as safe havens for investors seeking stability.
6 Stocks Poised to Thrive Amid AI-Driven Economic Changes
Manufacturing and Aerospace Stocks: Manufacturing and aerospace & defense stocks are emerging as potential safe investments amid industry disruptions caused by artificial intelligence.
Impact of AI on Industries: Artificial intelligence is significantly affecting various sectors, including software, financial technology, and professional services.
"GE and Five Additional Stocks Poised to Thrive Amid AI-Driven Economic Changes"
Manufacturing and Aerospace Stocks: Manufacturing and aerospace & defense stocks are emerging as potential safe investments amid industry disruptions caused by artificial intelligence.
Impact of AI: Artificial intelligence is significantly affecting various sectors, including software, financial technology, and professional services.
Oxbridge-SurancePlus Launches Tokenized Reinsurance on Solana Through Blockchain Collaboration
Partnership Announcement: Oxbridge Re Holdings Ltd. and its subsidiary SurancePlus have partnered with Alphaledger to introduce tokenized reinsurance securities on the Solana blockchain, aiming to broaden access to this asset class for a wider range of investors.
Investment Opportunities: SurancePlus will offer balanced-yield and high-yield tokenized reinsurance products with targeted annual returns of 20% and 42%, available to accredited investors with a minimum investment of $5,000.
Market Expansion: The collaboration seeks to digitize reinsurance contracts as on-chain real-world assets (RWAs), moving the market beyond traditional institutional buyers and into the portfolios of accredited investors looking for diversification.
Management Insights: Executives from Oxbridge and the Solana Foundation emphasized the significance of this collaboration in enhancing access to high-yield, uncorrelated assets, thereby strengthening the institutional credibility of RWAs within the Solana ecosystem.
