Harry Harrison @HarryH1993: "📊 Portfolio Update — April..."

United Kingdom

📊 Portfolio Update — April 2, 2026 Hey everyone, happy Thursday! Volatility continues to dominate markets with the Iran situation keeping everyone on edge and oil above $108. But through the noise there are some important stories worth digging into across the portfolio. Let me walk you through what caught my eye. 🏦 $SOFI (SoFi Technologies Inc) Quietly Drops a Massive Deal While the Muddy Waters saga has been dominating headlines, I think the bigger story at SoFi got overlooked. Last week, the company announced three new Loan Platform Business partnerships totaling over $3.6 billion in personal loan delivery. That includes a $2 billion deal with a top-five global asset manager, a $1 billion+ deal with a major global bank, and a $600 million deal with an insurance group. SoFi seems to be moving toward a capital-light, fee-based model where they originate loans for partners and keep servicing rights. In 2025 alone they secured over $10 billion in LPB commitments. I think this transition is underappreciated by the market and could meaningfully change how the street values the business. Q1 earnings are scheduled for April 29, so we will get more colour soon. 🏠 $DHI (D.R. Horton Inc) Raising Dividends Despite Housing Headwinds D.R. Horton recently hiked its dividend by 33%, which is a strong statement of confidence from management. That said, the housing market is navigating some real headwinds right now: mortgage rates just hit six-month highs as the Iran conflict fuels inflation fears. DR Horton reports Q2 earnings on April 21 and analysts are expecting a 15.5% year-on-year EPS decline. I am watching closely. The long-term housing shortage thesis remains intact, but the short-term margin pressure is real. The stock is down around 14% in the last month, which could be creating an opportunity if you believe in the structural demand story. 🤖 $NBIS (Nebius Group NV) Doubling Down on Europe with a $10 Billion AI Factory Just days after we talked about the Meta deal, Nebius dropped another headline. On March 31 the company announced a 310 MW AI factory in Lappeenranta, Finland — a $10 billion project that will be one of the largest dedicated AI compute facilities in Europe when fully deployed. First capacity is expected to come online in 2027. This comes on top of the existing Mäntsälä data centre (now at 75 MW) and a 240 MW facility under construction near Lille, France. The stock jumped 12.5% on the news. What I find impressive is the pace — Nebius is now targeting over 3 GW of contracted power by the end of 2026 and recently secured approval for a gigawatt-scale facility in Independence, Missouri too. They also launched Nebius AI Cloud 3.5 this week, adding serverless features and the latest NVIDIA GPUs. For a company trading around $106 with a $166 average price target from analysts, I think the gap between execution and valuation is still wide. 🍋 $LMND (Lemonade Inc.) CEO Goes on Cramer and Calls the Company "On a Tear" Lemonade's CEO Daniel Schreiber appeared on Mad Money last week and made some bold claims — the company expects to hit EBITDA profitability by late 2026, 90% of Lemonade customers are first-time insurance buyers (which tells you the market expansion potential), and the $TSLA (Tesla Motors, Inc.) autonomous car insurance product is gaining real traction. New data shared by co-founder Shai Wininger showed that 50% of Tesla FSD users on Lemonade are now driving autonomously 90-100% of the time, which is validating the original thesis behind the product. The stock has now strung together four consecutive weekly gains and is up about 26% in the past month, even as broader markets have struggled with the Iran sell-off. Q1 earnings are expected on May 4 and I will be watching the loss ratio and customer growth numbers closely. I think this name is starting to prove that AI-first insurance is not just a gimmick. ₿ Crypto and Commodities Update $BTC is testing $66,400 today with the Fear and Greed Index sitting at 12, a level of extreme fear not seen since early 2024. The sell-off deepened after President Trump said the U.S. would hit Iran hard over the next two to three weeks, which spooked risk assets across the board. $OIL is trading above $108 and BTC dominance has climbed to 56%, which tells me capital is rotating toward relative safety rather than full capitulation. For those with conviction and a long time horizon, these levels historically have been interesting. 👀 Looking Ahead Tomorrow we get the Jobs Report (Employment Situation) which could move markets significantly depending on whether the labour market is cooling. April 10 brings CPI data, which everyone is watching given how oil prices are feeding into inflation expectations. www.etoro.com/people/harryh1993 Not financial advice, just sharing my journey. Harry

Not investment advice. The author may have financial interests in the mentioned instruments.