SoFi to raise $1.5B, Cloudflare outage fixed, Foxconn sales soar

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SoFi to raise $1.5B, Cloudflare outage fixed, Foxconn sales soar

Yahoo Finance Video and Julie Hyman

December 6, 2025

In this video:

SOFI

HNHAF

HNHPF

NET

601138.SS

With the trading day underway, Market Catalysts host Julie Hyman examines what’s driving interest in three of the session’s current trending tickers: SoFi (SOFI), Cloudflare (NET), and Hon Hai (2317.TW) (commonly known as Foxconn).

To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.

Video Transcript

00:00 Speaker A

Now time for some of today’s training tickers. We are watching Sofi, Cloud Flare and Foxconn.

00:04 Speaker A

First up, So Sofi, the Fintech firm looking to raise $1 and a half billion dollars through a share sale. That is weighing on the stock today as the company looks to additio issue additional shares,

00:15 Speaker A

essentially diluting the value of the existing shares. Sofi looking to expand beyond lending into new products.

00:20 Speaker A

A statement shows it intends to use the proceeds to enhance its capital position and for new business opportunities.

00:26 Speaker A

Next is Cloud Flare. The software company says it fixed an outage that hit everything from Zoom to Coinbase. The stock fell as much as 6% in early trading, but has since pared those losses.

00:35 Speaker A

It’s now up about a fifth 1%.

00:37 Speaker A

It’s also, remember, not the first outage to hit the company in recent memory. Last month, a major outage at Cloud Flare hit websites ranging from X to Chat GBT for several hours.

00:44 Speaker A

Cloud Flare software is used by hundreds of thousands of companies worldwide. It acts as a buffer between websites and end users to shield them from traffic overload attacks.

00:52 Speaker A

And Foxconn, formerly also known as Hon Hai, reported a 26% rise in its November revenue year-over-year. Foxconn primarily known as the main contract manufacturer for Apple, but its largest business is now cloud and networking products including AI servers.

01:03 Speaker A

The latest numbers, a good sign for Nvidia, who the company partners with. Foxconn’s figures might have helped soothe any concerns resulting from HPE, which reported lower than expected revenue.

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