KSIOF (KSIOF)

It's not the first or even second time SoFi stock has dropped after an excellent earnings report. Usually, I'd say that as an expensive stock, there's so much priced into the stock that any imperfection will send it down.

Earnings call transcript: Kioxia Q1 2026 profit surges, stock jumps 18%

Kioxia shares jump after blockbuster Q1 earnings, stock split announcement

Kioxia Holdings Corp. issued a disappointing earnings outlook after results missed expectations, a sign that an unprecedented AI-driven surge in flash memory prices may be moderating.

South Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebound after recent declines earlier in the week. Japanese markets also climbed, with technology and investment firms showing gains.