If the NASDAQ index drops (due to derisking before major tech earnings on July 30-31, 2025), SoFi stock is predicted to lose a significant portion of its gains from July 29, 2025, being pulled down by the broader market.
"If NASDAQ continues to drop because of how it wants to derisk before Apple, Amazon, Microsoft, and Meta report earnings tomorrow and on Thursday, then I wouldn't be surprised that SoFi does give back a lot that it gains today because it's going to be dragged down with the rest of the market."
