TipRanks

Notifications

Russia Escalates Troops & SOFI Crashes On Acquisition News! Is It Time To Buy The Dip?

On the evening of February 21st, 2022 Russian President Vladimir Putin ordered troops into two separatist regions of eastern Ukraine, and declared these regions as independent. This decision sent stock futures plummeting that night. In this video we cover the affect that this is having on the broader stock market, the major indices around the globe, oil prices and crypto currencies like Bitcoin (BTC) & Ethereum (ETH). We also talk about the new 1.1 billion dollar acquisition by SoFi in an all stock deal to purchase the digital banking company Technisys. SoFi’s goal of becoming the AWS for the banking industry seems to be getting closer to becoming reality but is the stock a buy now?