Sofi Stock News: Sofi Bought A Mortgage Lending company! PLTR stock technical analysis news update!

Sofi Stock News: Sofi Bought A Mortgage Lending company! PLTR stock technical analysis news update!

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Hey there finance fans, do I have some exciting news for you today! SoFi Technologies (NASDAQ:SOFI) had a huge pop on Friday afternoon, thanks to social media buzz and rumors of a potential acquisition of a top-rated mortgage lender and servicer. Can you believe it? And although the terms of the deal haven't been disclosed yet, we can't help but speculate about the possibilities of this vertical integration within SoFi's corporate umbrella. It is very realistic to think that Sofi bought a Mortage Lending company, but we will get the true results in April. But let's not forget about Palantir Technologies Inc. (PLTR), which has also been making some big moves lately. PLTR recently broke through the 50-day moving average, indicating a short-term bullish trend. And as we all know, the 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. With PLTR being a Zacks Rank #2 (Buy) stock, and positive earnings estimate revisions, the bullish case for this company is only getting stronger! So investors, keep your eyes peeled for more gains in the near future. It's definitely an exciting time to be in the finance game!

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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.

SOURCES: https://www.reddit.com/r/sofistock/comments/126w41r/sofi_acquires_mortgage_firm_award_winning_team_to/?utm_source=share&utm_medium=web2x&context=3

https://twitter.com/NRCcapital/status/1641549997781966848

https://investorplace.com/2023/03/sofi-stock-alert-did-sofi-just-acquire-a-mortgage-lender/

https://www.fool.com/investing/2023/03/29/where-will-sofi-be-in-1-year/

https://finance.yahoo.com/news/palantir-technologies-inc-pltr-just-133001617.html