SoFi Technologies Inc., despite a turbulent year-to-date performance, is reaffirmed by analysts with raised price targets and reported strong earnings alongside ambitious crypto initiatives.
Johnson & Johnson's projected $400 million in tariff-related costs is impacting investor sentiment despite beating earnings expectations, signaling caution in market response.
The broader stock market is experiencing a strong rally with all three major indices increasing by at least 2%, signaling a potential shift from tariff concerns to earnings optimism.
The tariffs are very fluid right now, so it's hard to give any predictions about what we can do, but our people are well-equipped to deal with anything coming our way, and we have great partnerships with our suppliers, CEO Ron Vachris said during the company's earnings call.