CrowdStrike Posts Best Quarter Ever, but Cathie Wood's Ark Sells Shares Amid Cloudflare, Cerebras Buys
On Wednesday, Aug. 26, 2026, Ark Invest sold CrowdStrike and AMD shares after CrowdStrike's record quarter.
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SoFi stock fell 3% ahead of Q2 earnings on July 29. See Wall Street expectations, revenue estimates, and valuation insights.
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On Wednesday, Aug. 26, 2026, Ark Invest sold CrowdStrike and AMD shares after CrowdStrike's record quarter.
Read original at benzingaArk Invest CEO Cathie Wood pointed to short-term market inefficiency around Circle Internet Group Inc. on Sunday, August 23, despite the stock gaining significantly since its IPO.
Read original at benzingaArk Invest bought Broadcom and Cerebras shares while trimming AMD stock on Wednesday, Aug.19, 2026.
Read original at benzingaCathie Wood’s ARK is increasingly favoring AI infrastructure, buying Nvidia, Cerebras and CoreWeave while trimming software and consumer tech names.
Read original at benzingaSoFi Technologies relaunched its premium SoFi Plus membership in Q2 2026, reaching 206,000 paid subscribers with $24 million in annualized revenue. The subscription strategy is working, with 25% of subscribers adding additional products. Management aims for 1 million subscribers within a year, implying $120 million in annual revenue. Meanwhile, competitors Robinhood and Chime are expanding their financial services offerings.
Read original at zacks-investment-researchDave Inc. is pursuing larger ExtraCash advances and removing fee caps to boost revenue per user. Q2 2026 saw originations climb 27% to $2.3 billion with average advance size reaching $215. The company raised 2026 revenue guidance to $725-$735 million. Credit performance remains strong with the 28-day past-due rate improving to 2.12%, supported by the CashAI V6 algorithm showing higher advances and lower losses.
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