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Why Robinhood and SoFi Are On Fire Right Now

TheMotleyFool

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Why Robinhood and SoFi Are On Fire Right Now: https://g.foolcdn.com/editorial/images/783567/using-smartphone-for-financial-transactions.jpg

Fintechs have been trying to disrupt big banks for years, and the time may have finally come. Big banks are losing deposits to SoFi (NASDAQ: SOFI) and Robinhood (NASDAQ: HOOD), and that may drive the stocks higher for years to come. Travis Hoium covers the latest news in this video.

*Stock prices used were end-of-day prices of July 15, 2024. The video was published on July 16, 2024.

Source Fool.com

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