poisar

Economy · News reference

Shares of financial services companies are trading lower as surging oil prices and Treasury yields weigh on sentiment, with the 10-year U.S. Treasury yield climbing to its highest level since January 2025. Rising yields and energy prices have fueled inflation concerns, reinforcing expectations that interest rates will remain elevated and raising concerns about slower loan demand and economic growth.

BenzingaJul 23, 2026, 3:55 PMBenzinga Newsdesk

Reference details

Connected markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Jul 23, 2026, 3:55 PM
Checked
Jul 23, 2026, 3:55 PM
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Zacks Investment ResearchAug 27, 2026, 3:32 PMNa

    Dave Expands With Flex: Can It Become a Primary Spending Tool?

    Dave Inc. is launching Dave Flex, a Mastercard-branded pay-in-four installment credit card with no late fees or compound interest, expanding its financial services beyond short-term liquidity. The product, which began limited testing in April 2026, offers spending limits twice those of ExtraCash and leverages Dave's CashAI technology for credit decisioning. While early engagement is promising, Flex remains in early stages with immaterial revenues and is excluded from 2026 guidance, with a planned 2027 scale-up.

    Read original at zacks-investment-research
  2. Globenewswire IncAug 3, 2026, 10:58 PMThe Law Offices Of Frank R. Cruz

    Securities Fraud Investigation Into Coastal Financial Corporation (CCB) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

    Coastal Financial Corporation (CCB) is under investigation for possible federal securities law violations following the announcement of a $42.1 million net loss in Q2 2026, primarily due to a $68.8 million credit expense related to a single partner relationship. The stock fell 42.88% on the news, prompting a class action investigation for affected shareholders.

    Read original at globenewswire-inc
  3. Zacks Investment ResearchAug 27, 2026, 5:02 PMNa

    SoFi Technologies' SoFi Plus: Can Paid Membership Drive Growth?

    SoFi 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-research