NEW YORK, Feb 13, 2026, 07:38 EST — Premarket
- SoFi Technologies shares fell 1.2% to $19.06 before the open.
- The fintech’s Hong Kong unit said it is adding digital-asset trading via a partnership with OSL Group.
- Traders are braced for U.S. inflation data that could reset rate-cut bets.
SoFi Technologies (SOFI.O) shares slipped 1.2% to $19.06 in premarket trading on Friday, after closing at $19.30 in the prior session. (Investing)
The move comes with investors on edge ahead of U.S. Consumer Price Index data, a key gauge of inflation that can swing expectations for where interest rates go next. U.S. stock index futures were muted early Friday after a sharp selloff, Reuters reported. (Reuters)
Economists expect the CPI to rise 0.3% in January from December, with annual inflation seen easing to 2.5%. “Firms tend to raise prices at the beginning of the year, after the holiday season,” said Diego Anzoategui, an economist at Morgan Stanley. (Reuters)
SoFi fell 6.1% on Thursday to close at $19.30 after touching $19.04, with about 62.9 million shares traded, according to stockanalysis.com data. (StockAnalysis)
That drop tracked a broader risk-off session on Wall Street, where the Nasdaq ended more than 2% lower as technology shares slid and investors waited for Friday’s inflation report. (Reuters)
Separately, SoFi Securities (Hong Kong) Limited said it struck a partnership with OSL Group (863.HK) to bring digital-asset trading to Hong Kong investors, marking SoFi’s first expansion of its digital-asset business outside the United States. “We are excited to offer an all-in-one experience,” said Annie Lok, vice president and head of SoFi Hong Kong, in a statement. (PR Newswire)
Other higher-beta fintech names were under pressure in early trading too. Upstart Holdings was down about 9%, LendingClub fell about 9%, and Robinhood Markets slid nearly 9%, according to market data.
SoFi operates a consumer-focused lending and digital financial-services business, alongside a technology platform that sells tools to other financial firms. That mix can leave the stock sensitive to shifts in rate expectations and the broader appetite for risk. (Reuters)
But the setup cuts both ways. If inflation runs hotter than expected, investors could push out bets on rate cuts and keep pressure on high-growth financial stocks; if it cools faster, the group can bounce hard, and then reverse again.
SoFi last reported quarterly results on Jan. 30, when it posted a rise in profit helped by loan demand and growth in fee-based businesses, Reuters reported at the time. (Reuters)
The next immediate test is the CPI report due at 8:30 a.m. Eastern, with traders watching whether the data shifts the path implied by rate futures and the tone of early trading in rate-sensitive stocks. (Bls)
