SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Ed Yardeni, president of Yardeni Research, recently described the stock market as moving in 'Toy Story' fashion 'to infinity and beyond.' On Wednesday, the major indices rose another 1.5%-2.1% and printed their second straight upside price gap, this as the AI train continues to roar down the track. Once again, the scorching semiconductor stocks led, ripping 5% higher based on the SMH and SOXX ETFs, as well as the Dow Jones Semiconductor Index. Starting from the largest players, the almost $5 trillion market cap NVDA rose almost 6%, TSM was up 6.4%, AMD 19%, ASML 7%, LRCX 8%, ARM 14%, and ACLS 22%. Electrical component and electronic equipment stocks continued to soar, with GLW up 12%, JBL 10%, FLEX 38%, IPGP 12%, and VECO 25%. Industrials also did well on the back of the airlines, aerospace, commercial vehicles and trucks, and industrial machinery. Two other less-discussed areas of the market that also are benefiting from AI include rare earth and lithium stocks. The VanEck Rare Earth and Strategic Metals ETF (REMX) has soared 38% since March 20, while the Global X Lithium ETF (LIT) has spiked 37% since March 20. Energy (XLE) dropped 4% and exploration & production (XOP) fell 6% as WTI slipped 6%, dropping back to $96/barrel and Brent declined 7% to $102/barrel. Longer-term breadth measures remain terrible considering how far the mega-cap, mid-cap, and small-cap indices have rallied since March 30. Some 58% of S&P 500 stocks are above their 200-day line. For the S&P 100, it is 60%, and for the Nasdaq 100, it is 56%. Typically, these readings are in the 70% to 80%-plus region during strong advances.

SoFi Technologies Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong. The company operates through three segments: Lending, Technology Platform, and Financial Services. SoFi was founded in 2011 and is based in San Francisco. The company has 6,100 employees. The shares are a component of the Russell 1000 Index.