Stock Market Crash "Hindenburg Omen" Triggered ๐จ
The Hindenburg Omen, an indicator that correctly detected the 1987 and 2008 stock market crashes, has been triggered 11 times over the past 3 months in the S&P 500 ๐จ $SPX finished lower 3 weeks later in each prior instance ๐ฑ๐ฑ
SOFI CEO ANTHONY NOTO SAYS THE COMPANY GENERATED OVER $5 BILLION IN CASH NET INTEREST INCOME. THAT'S NOT EVEN THE PART HE'S MOST EXCITED ABOUT
SoFi CEO Anthony Noto said on his recent interview with @Futurenvesting that $SOFI generated roughly $5.2 to $5.4 billion in cash net interest income, real cash paid by borrowers, not accounting income.
The more interesting number, per Noto: from Q1 2024 to Q2 2026, SoFi recorded $2 billion in "non-revenue recorded premium" loans put on the balance sheet at a premium that isn't counted as revenue upfront. That $2 billion in premium generated more than 2x its value in actual cash interest income.
"If you think about 2027 and 2028 and you want a good sustainable net interest income number, you have to put the assets on the balance sheet today. You can't wait to mid-2027 to do that."
@Barchart@hunvreus I can't believe no one's made comments about his funds name, situational awareness, and how absolutely he had none using that much leverage! It's completely funny and unbelievable.
Another one we've covered:
The Copperwood project, proposed by Highland Copper, is among the most advanced in the country, and almost fully permitted.
$HI.v
(I think I should write a piece for @TheEconomist on the junior mining sector๐ค๐)
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https://t.co/jzJQ5nvamJ
@nerdalert Are you really that stupid? Because a tweet says he did something does it make it true? Also where does your idiot logic stop? Cramer going to jail to? https://t.co/Kh1AAxMhSn