SoFi Technologies (SOFI) shares hit an all-time low today following the recent earnings report. "Every fintech earnings call, so far, has seen a similar reaction in the stock market. SoFi continues to build a financial platform for everyone," says Devin Ryan on the big picture. Next, he discusses Coinbase (COIN) Pro and Coinbase Wallet as the earnings announcement happened today. Oliver Renick states that this is the first time that we have seen a rising interest rate environment since crypto's existence.
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