MuddyWaters short SoFi tech (SOFI)
Newsquawk Staff ·
MuddyWaters short SoFi tech (SOFI)
What it means
MuddyWaters has initiated a short position on SoFi Technologies (SOFI), which raises concerns about the company's future performance and could foster negative sentiment in the market. This action may provoke additional selling pressure on SOFI shares, especially if it garners attention from other institutional investors or the broader trading community. Traders should monitor the stock's reaction and the potential implications for sentiment in the fintech sector.
Sources
- Apple (AAPL) is set to unveil 14‑inch and 16‑inch touch MacBooks on Wednesday and discussed charging USD 2,899 for the new 14-inch touch Mac, while touch-screen Macs will be its priciest laptops
- Baker Hughes (BKR) Q3 (USD) EPS 0.70 (exp. 0.64), rev. 8.03bln (exp. 7.78bln)
- Teradyne (TER) Q3 2026 (USD): Adj. EPS 2.29 (exp. 2.08), Revenue 1.306bln (exp. 1.265bln); Adj. net income 359.9mln (exp. 320.3mln)
- Waste Management Inc. (WM) Q3 2026 (USD): Adj. EPS 2.15 (exp. 2.18), Revenue 6.85bln (exp. 6.81bln), Adj. EBITDA 2.12bln (exp. 2.16bln); to buyback shares for USD 2bln
- Major US technology company selects Baker Hughes’ (BKR) power generation and cooling solutions to scale high-density AI compute
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