El interés en corto de QXO da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de QXO. Los datos de interés en corto se actualizan cada dos semanas.

QXO (NYSE:QXO) Bolsa, Informe de interés en corto

SilverSun Technologies

QXO Inc provides technology solutions, primarily to clients in the manufacturing, distribution, and service sectors. It provides consulting and professional services, specialized programming, training, and technical support. It also offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence, and other applications.

QXO Inc

QXO, Inc. Depositary Shares, each representing a 1/20th interest in a share of 5.50% Series B Mandatory Convertible Preferred Stock

<a href="https://www.reuters.com/world/china/brics-tariff-be-applied-only-if-they-adopt-policies-deemed-anti-american-source-2025-07-07/">https://www.reuters.com/world/china/brics-tariff-be-applied-only-if-they-adopt-policies-deemed-anti-american-source-2025-07-07/</a>

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'BRICS tariff to be applied only if they adopt policies deemed 'anti-American', source says'- Reuters

ProShares UltraPro QQQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TQQQ#NASDAQ">TQQQ</a>), a popular leveraged exchange-traded fund, is trading lower Monday afternoon. The drop followed a broad market <a href="https://www.benzinga.com/markets/equities/25/07/46281204/wall-street-today-trump-tariffs-japan-south-korea-stocks-drop">sell-off</a> triggered by President Donald Trump&#8217;s announcement of sweeping 25% tariffs on all imports from Japan and South Korea, set to take effect on Aug. 1.
What To Know: TQQQ is a financial instrument designed to provide investors with three times the daily performance of the Nasdaq-100 Index, which is heavily weighted with technology and growth stocks. Due to this 3x leverage, any movements in the Nasdaq-100 are amplified in the TQQQ.
The new tariffs, which come after a <a href="https://www.benzinga.com/markets/equities/25/07/46281204/wall-street-today-trump-tariffs-japan-south-korea-stocks-drop">90-day negotiation period</a> failed to produce new trade deals, have stoked fears of escalating trade wars and their potential to disrupt global supply chains and increase costs for businesses and consumers. The administration cited &#8220;unsustainable trade deficits&#8221; as the primary reason for the aggressive measures.
Monday&#8217;s broad-based decline in investor confidence, particularly in the tech sector, which is highly sensitive to international trade relations, directly led to the amplified losses seen in TQQQ.
The administration also signaled a looming trade battle with the European Union, with a deadline for a deal set for Wednesday before potential duties of up to 50% could be imposed.
Price Action: According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, TQQQ shares are trading lower by 2.6% to $82.58 Monday afternoon. TQQQ has a 52-week high of $93.78 and a 52-week low of $35.00.
Read Also: <a href="https://www.benzinga.com/news/space/25/07/46276648/space-stock-watch-rocket-lab-joins-russell-1000-nasa-and-netflix-announce-streaming-deal">Space Stock Watch: Rocket Lab Joins Russell 1000, NASA And Netflix Announce Streaming Deal</a>
<h2 class="wp-block-heading">How To Buy TQQQ Stock</h2>
By now you're likely curious about how to participate in the market for ProShares UltraPro QQQ &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Image: Shutterstock

TQQQ

Why ProShares UltraPro QQQ (TQQQ) Is Trading Lower Monday

SharpLink Gaming Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBET#NASDAQ">SBET</a>) shares are volatile on Monday, trading as high as $15.17 before pulling back to around $12.50 in afternoon trading. Here&#8217;s a look at <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46250801/sharplink-gaming-sbet-stock-is-trending-today-whats-going-on">what&#8217;s going on</a>.
What To Know: The move comes as SharpLink prepares to ring the Nasdaq closing bell Monday afternoon to celebrate its Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) treasury strategy, which has become a key narrative driving the stock&#8217;s recent momentum.
SharpLink has moved alongside other Ethereum treasury-focused <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46250801/sharplink-gaming-sbet-stock-is-trending-today-whats-going-on">companies like Bit Digital</a> and BitMine Immersion Technologies in recent sessions. 
SharpLink first announced its pivot to Ethereum in May, naming ETH its primary treasury reserve asset. Since then, the stock has surged over 300%, though it remains well off recent highs. Last week, the company disclosed it had increased its ETH holdings to 198,167 after a $22.83 million purchase. The company also noted that it has staked all of its ETH to generate yield. From June 21 through June 27, the staking strategy produced 102 ETH in rewards, the company said.
Chairman Joseph Lubin, also a co-founder of Ethereum, framed the move as part of a broader shift in how digital assets are being viewed.
"We are entering a new era where digital assets like Ethereum are no longer speculative instruments," Lubin said. "They are fast becoming the strategic currency of the modern digital economy."
SharpLink's early rally on Monday appeared to be driven by continued excitement surrounding Ethereum treasury strategies. Bit Digital and BitMine Immersion shares were both higher at last check. Ethereum was up approximately 0.25% over a 24-hour period, trading at $2,544 at the time of publication.
SBET Price Action: After surging above $15 in early trading Monday, SharpLink shares were down 1.03% at $12.53 at the time of publication, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
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</ul>
Image via Shutterstock.

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SBET

What's Going On With SharpLink Gaming (SBET) Stock?

President Donald Trump recently signed new legislation that introduces major changes to federal student loan programs. SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) and other private student lenders are poised to benefit <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46206403/why-sofi-technologies-stock-was-a-top-performer-in-june">from these changes. </a>
What To Know: Under the new regulations, graduate students are now limited to $100,000 in total federal loans, and professional/medical students to $200,000. Parent PLUS loans are capped at $65,000 per student, down from previous rules that allowed borrowing up to the full cost of attendance.
Read Next:<a href="https://www.benzinga.com/analyst-stock-ratings/upgrades/25/07/46245952/metas-growth-sizzles-but-wait-for-a-pullback-before-buying-in?utm_source=articleShare"> Meta&#8217;s Growth Sizzles, But Wait For A Pullback Before Buying In</a>
With federal borrowing caps in place, many students may not be able to cover their full educational costs with federal loans alone. The gap is expected to push more borrowers to seek<a href="https://www.benzinga.com/trading-ideas/movers/25/06/46174372/sofi-technologies-stock-hits-a-new-52-week-high-whats-going-on"> private loans </a>from companies like SoFi.
"Given borrowing limits, many students, particularly those attending higher-cost grad programs or professional schools who profile as SoFi's key target customer, may be unable to finance their education costs with just federal loans, forcing many to private lenders," Tim Switzer, a vice president at Keefe, Bruyette &amp; Woods, told Bloomberg in an email.
SoFi's CEO Anthony Noto told analysts and investors on a conference call earlier this year that SoFi would "absolutely capture that opportunity" if federal student loan restrictions were imposed.&nbsp;
What Else: Trump's spending plan will also phase out most income-driven repayment, leaving only a standard repayment plan and a new Repayment Assistance Plan. The changes may result in higher monthly payments for many borrowers. 
As federal repayment plans become less attractive and monthly payments potentially increase, more borrowers may look to refinance their student debt through private lenders to secure better terms or lower payments.
"Refinancing demand should also accelerate with the resumption of debt collection and higher payments," said Devin Ryan, head of fintech research at Citizens Financial Group, per Bloomberg.&nbsp;
"SoFi has terrific market share in student lending, and, with a number of lenders pulling back in recent years, we expect the firm to be a primary beneficiary of increasing demand."
Stock Price Action: SoFi Technologies shares were up 3.34% at $19.21 heading into Monday's closing bell, according to<a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw"> Benzinga Pro</a>. 
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/07/46236537/openai-says-tokens-are-not-equity-no-partnership-with-robinhood-musk-says-ai-companys-equity-is-fake?utm_source=articleShare">OpenAI Says Tokens Are Not Equity, No Partnership With Robinhood: Musk Says AI Company&#8217;s Equity &#8216;Is Fake&#8217;</a></li>
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Image: Shutterstock

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Fintech news covering the emerging Financial Technology services sector

Fintech

Government

Regulations

Analyst Ratings

Tech

Trading Ideas

SOFI

SoFi Ready To 'Capture The Opportunity' As Trump's 'Big, Beautiful' Plan Restricts Federal Student Loans

<a href="https://www.bloomberg.com/news/articles/2025-07-07/eu-rushes-to-conclude-a-framework-trade-deal-with-us-this-week?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-07-07/eu-rushes-to-conclude-a-framework-trade-deal-with-us-this-week?embedded-checkout=true</a>

'EU Rushes to Conclude a Framework Trade Deal With US This Week'- Bloomberg

VivoPower International PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VVPR#NASDAQ">VVPR</a>) ("VivoPower" or the "Company") announced today that its independent directors have approved the commencement of a shareholder debt principal reduction plan. The initial repayment was made to AWN Holdings Limited ("AWN") on July 3, 2025. AWN, a private investment office, is backed by a member of Dubai's Al Maktoum ruling family, signalling institutional and sovereign wealth funding support for VivoPower and its growth objectives.
The unaudited balance of the principal component of the AWN shareholder loan was $28.8 million as of June 30, 2025.
The Company's objective is to retire the AWN shareholder loan in full. This initiative reflects VivoPower's long term commitment to strengthening its balance sheet and optimizing its capital structure, while ensuring adequate financial capacity to support its transformational growth strategies. Execution of this objective remains subject to ongoing approval from the Company's independent directors and the availability of sufficient liquidity.

VVPR

VivoPower's Independent Directors Approve Commencement Of Shareholder Debt Principal Reduction Plan

Shares of Geo Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) and CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) are popping on Monday following last week's <a href="https://www.benzinga.com/news/politics/25/07/46255065/trumps-3-3-trillion-bill-passes-will-vulnerable-americans-pay-the-price">Congressional approval</a> of President Donald Trump's massive tax and spending bill, which vastly increases funds for the administration's aggressive <a href="https://www.benzinga.com/news/politics/25/06/46110499/trumps-big-beautiful-bill-to-inject-150-billion-into-immigration-enforcement-over-the-next-four-years-report">immigration policy</a>.
What's happening? As the country's two largest private prisons and contractors with the now-expanding immigrant detention centers, their fortunes seem to be securely on the rise.
In keeping with a popular campaign promise, Trump's so-called "Big Beautiful Bill" will triple federal spending on immigrant detention by earmarking $45 billion over the next four years. That's more than the Obama, Biden and first Trump administrations spent combined.
Read also: <a href="https://www.benzinga.com/news/politics/25/07/46257635/trump-administrations-ice-raids-compared-with-wwii-japanese-internment-camps-by-george-takei-politicians-lie-and-people-believe-that-lie">Trump Administration&#8217;s ICE Raids Compared With WWII Japanese Internment Camps By George Takei: &#8216;Politicians Lie, And People Believe That Lie&#8217;</a>
Trump's tax bill, <a href="https://www.washingtonpost.com/business/2025/07/04/trump-bill-ice-immigrant-detention/">notes</a> the Washington Post, also earmarks $46.5 billion for construction of the unfinished U.S.-Mexico border wall and $6 billion for surveillance and border technology.
Officials at U.S. Immigration and Customs Enforcement (ICE) said the funding would allow them to roughly double detention capacity to 100,000 beds and expand their ability to detain undocumented immigrants. ICE has awarded new or extended contracts this year to at least nine facilities operated by Geo Group and CoreCivic, along with others managing tent-based detention centers.
"This bill will make our communities safer by making a historic investment in our border security," <a href="https://www.washingtonpost.com/business/2025/07/04/trump-bill-ice-immigrant-detention/">said</a> Rep. Addison McDowell. "No more dangerous illegal aliens parading around with no consequences."
Nationwide, ICE had detained 56,397 immigrants as of June 15, the highest number on record since the agency began disclosing such data and far above its funded capacity of 41,500, <a href="https://www.cato.org/blog/65-people-taken-ice-had-no-convictions-93-no-violent-convictions" target="_blank" rel="noreferrer noopener">according to the Cato Institute</a>. 
Rep. Alexandria Ocasio-Cortez (D-NY) has taken the <a href="https://www.benzinga.com/news/25/05/45378544/trump-administration-funneling-money-to-private-prison-companies-aoc-says-calling-out-profits-from-ice-detentions-after-campaign-kickbacks">Trump administration to task</a> on various occasions for what she describes as a massive financial windfall for private prison companies, accusing them of prioritizing profits over humane conditions for detainees.&nbsp;
Other lawmakers have called the ICE-directed cash "budgetary mismanagement" after funds had to be redirected from other departments.
Now Read: 
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Photo: Shutterstock

Trump's $45-Billion Immigration Policy Supercharges Profits For Private Prisons Under 'Big Beautiful Bill'

WIIM

LCID

PSNY

RIVN

Shares of EV stocks are trading lower following the signing of Trump's 'Big Beautiful Bill,' which will remove the $7,500 tax credit for new US-made EVs.

Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) shares are down more than 2% Monday, pulling back after climbing more than 16% over the past month. Here&#8217;s a look at what could be fueling <a href="https://www.benzinga.com/node/45955190">the recent run</a>.
What To Know: AMD shares have been trading on strong momentum since late April. The rally accelerated last month following a series of product launches at AMD's "Advancing AI" event. 
Piper Sandler analyst Harsh Kumar maintained AMD with an <a href="https://www.benzinga.com/analyst-stock-ratings" target="_blank" rel="noreferrer noopener">Overweight rating</a> and raised the price target from $125 to $140 following the event, noting that the company&#8217;s <a href="https://www.benzinga.com/markets/tech/25/06/45919591/amd-challenges-nvidias-ai-dominance-with-new-helios-server-as-openai-ceo-sam-altman-confirms-chatgpt-will-use-lisa-su-led-tech-giants-latest-chips-future-of-ai-is-not-going-to-be-built-b" target="_blank" rel="noreferrer noopener">Helios rack announcement</a> would be "pivotal" for AMD Instinct growth moving forward.
The Piper Sandler analyst also said he was optimistic that the company's GPU business was trending in the right direction and should see a "snapback" in the fourth quarter.
Several other analysts maintained bullish ratings and price targets following the event. Rosenblatt maintained a Buy rating and price target of $200, Benchmark reiterated Buy with a price target of $170, Roth Capital maintained a Buy rating and raised its price target to $150 and Evercore ISI Group maintained an Outperform and lifted its target to $144. 
Last week, Mizuho maintained an Outperform and raised its price target to $152 and Citigroup on Monday maintained a Neutral rating and lifted its price target to $145.
The consensus price target for AMD is $141.60, with the lowest price target sitting at $95 and the highest price target currently at $200.
<h3 class="wp-block-heading">How To Buy AMD Stock</h3>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in AMD's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46269226/stocks-just-hit-rare-golden-cross-for-1st-time-since-2023-heres-what-it-means-for-investors">Stocks Just Hit Rare Golden Cross For 1st Time Since 2023 — Here&#8217;s What It Means For Investors</a>
AMD Price Action: At the time of publication, AMD shares are trading 2.14% lower at $134.97, according to data from <a href="https://www.benzinga.com/pro/login">Benzinga Pro</a>.
Image via Shutterstock

Price Target

What's Going On With AMD Stock?

Citigroup analyst Christopher Allen maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Buy and raises the price target from $102 to $105.

SCHW

Citigroup Maintains Buy on Charles Schwab, Raises Price Target to $105

Citigroup analyst Christopher Allen maintains Stifel Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SF#NYSE">SF</a>) with a Neutral and raises the price target from $94 to $115.

Citigroup Maintains Neutral on Stifel Financial, Raises Price Target to $115

Citigroup analyst Christopher Allen maintains Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) with a Neutral and raises the price target from $50 to $100.

HOOD

Citigroup Maintains Neutral on Robinhood Markets, Raises Price Target to $100

Citigroup analyst Christopher Allen maintains Raymond James Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>) with a Neutral and raises the price target from $150 to $165.

Citigroup Maintains Neutral on Raymond James Finl, Raises Price Target to $165

Real estate investor Grant Cardone built a multi-billion-dollar real estate portfolio with leverage, hard work, connections, and other essentials. However, he recently discussed his <a href="https://www.tiktok.com/@grantcardone/video/7522155298979581198?lang=en">relationship with money</a>, and it offers a clear perspective into Cardone's success. He doesn't put it up on the altar, but Cardone takes money very seriously and encourages others to do the same.
"The way you treat money is how the money's going to treat you," he explained.
Your mentality toward money affects your income, investments, expenses, and every other part of your life that money touches. Here's how you can strengthen your relationship with money so you can boost your income and net worth.
Don't Miss:
<ul class="wp-block-list">
<li>Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. </a></li>
<li>Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a></li>
</ul>
<h2 class="wp-block-heading">Respect Money But Don't Let It Consume You</h2>
Cardone accumulates money and puts it into real estate because he wants the money to multiply. While he spends money as well, he makes it a point to spend money on tax write-offs. His shirts have his company's branding on them, so when he buys those shirts, he gets to write them off.
If you get deep into credit card debt, you are letting money consume you. The deeper you get into debt, the more difficult it becomes to claw your way out. Interest payments accumulate quickly, and while some debt can be good, credit card debt never qualifies as good debt. The interest rates are too high.
Cardone also views financial success as one facet of a successful life. He also commits to his family, exercise, spirituality, and other areas of his life. There's more to Cardone than being wealthy and increasing his net worth. Some people who are successful financially get divorced because they prioritize money above everything else. That's another example of letting money consume you, which Cardone advises against.
Trending: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a>
<h2 class="wp-block-heading">The Most Important Money Cardone Ever Made&nbsp;</h2>
The conversation eventually shifted to Cardone's work as a car salesman. The job had long hours, and he dealt with plenty of rejection. You have to get on the phone a lot to be a successful car salesman, and long hours don't necessarily equate to success.
Cardone despised the job, but it was one of the few opportunities open to him at the time. That job set up Cardone for a successful sales career and a real estate empire, and he explains that making his first $1,000 at the company set him on his current path.
Cardone realized that he was in control of his money and income growth the moment he made $1,000 and then jumped to $2,000 and $3,000 per month. He used that momentum to excel as a salesperson, seek new opportunities, and claim control over his finances.
See Also: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Become an Investor in This $41.3M Clean Energy Brand Today</a>
<h2 class="wp-block-heading">You Are In Control Of Your Income</h2>
Cardone's last message about controlling your income explains why he's become successful, but it also offers a valuable insight for viewers. When you put yourself in the driver's seat, you give yourself more options.
People can pursue side hustles, ask for raises, job hop, or start a business to boost their income. You don't have to stay in one place forever or let one person dictate how much you earn.&nbsp;
Developing new skills and meeting new people can lead to a higher income. However, your relationship with money plays a key role in how successful you are with those actions. If you are firmly committed to good money habits like keeping expenses low and investing most of your paycheck, you will put yourself in a better position to increase your income.&nbsp;
Read Next: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
Image: Shutterstock

Personal Finance

'The Way You Treat Money Is How The Money's Going To Treat You' -- Grant Cardone Discusses Taking Control Of Your Income

Honda shares are trading lower after President Trump announced tariffs on imports from Japan and Korea.

Citigroup analyst Atif Malik maintains Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) with a Buy and raises the price target from $87 to $108.

LRCX

Citigroup Maintains Buy on Lam Research, Raises Price Target to $108

Reuters Cites EU Sources Saying EU Looking Into Possible Deal On Cars To Offset U.S. Car Exports Against Imports; EU May Secure Baseline Tariff Exemptions For Aircraft, Spirits In U.S. Trade Deal

Citigroup analyst Atif Malik maintains KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Buy and raises the price target from $835 to $1035.

KLAC

Citigroup Maintains Buy on KLA, Raises Price Target to $1035

SoFi Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) shares are trading higher Monday, hitting a new <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46206403/why-sofi-technologies-stock-was-a-top-performer-in-june">52-week high of $19.29.</a>
What To Know: SoFi shares are up approximately 33% over the past month on continued momentum that saw the stock climb to new 52-week highs on Monday.
Last month, SoFi's CFO Chris Lapointe reaffirmed the company's financial targets at the William Blair Growth Stock Conference, projecting adjusted net revenue to exceed $3 billion by 2025 and annual growth above 25% through 2026. The bullish targets appeared to help add to the momentum in the fintech stock.
SoFi also announced a new push into digital assets late last month. SoFi confirmed plans to introduce cryptocurrency trading later this year, including in assets like Bitcoin and Ethereum. The company said it also plans to offer new crypto-backed loans and cross-border payment tools and broaden its offerings to stablecoins. CEO Anthony Noto also emphasized that blockchain technology would be integrated across SoFi's entire suite of services.
Truist Securities initiated coverage in early June with a Hold rating and a $14 price target. Other recent analyst coverage includes a price target increase to $12 from Barclays and a price target hike to $15.50 from UBS. Sofi has a Street-high target of $20 and a consensus analyst target of $11.31, according to Benzinga <a href="https://www.benzinga.com/quote/SOFI/analyst-ratings">analyst data</a>. 
SoFi also has short interest of approximately 13.6%, which may be helping fuel some of the recent rally in shares. The company scheduled its second-quarter earnings for July 29 last week. Analysts currently expect the company to report earnings of 6 cents per share and revenue of $801.49 million, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
SOFI Price Action: <a href="http://benzinga.com/quote/sofi">SoFi Technologies shares</a> were up 2.95% at $19.12 at the time of publication Monday, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro</a>.
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SoFi Technologies Stock Hits 52-Week High: What's Driving The Momentum?

Citigroup analyst Atif Malik maintains Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) with a Buy and raises the price target from $190 to $220.

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