PLAT News and Press, WisdomTree Modern Tech Platforms Fund From 09/09/22

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...

Institutional investors sold nearly 3.66% of Upstart's total shares outstanding in the last 13F cycle. Although institutions were more or less neutral on the industry, they were particularly bearish on Upstart Holdings. Risk-averse investors may want to avoid the stock for the tim...

Upstart lowers investors' expectations, yet again. Upstart has now seen its stock fully washed out. Indeed, very few investors considering Upstart stock afresh are likely to want to get involved with Upstart, particularly as its guidance points to negative revenue growth rates. He...

We highlighted the 15% convertible bonds as a safe way to play Upstart for those that well bullish. Upstart Q2-2022 results were what everyone was watching for, and we went through those as well. It is hard to emphasize how bad these Upstart results are, but we will try. ...

Coursera’s recent second quarter earnings missed expectations. Management cut their revenue growth guidance by almost a quarter. After hours, shares cratered by as much as 40%. Enterprise growth is still solid, but the company has struggled to add new clients. I think C...

Angi's business, as it exists today, is a result of a brand consolidation strategy. Management understands and acknowledges all has not gone well in the brand consolidation process. Angi continues to struggle to achieve brand efficiency, with incremental selling and marketing expe...

For a decade, investors chased growth stocks, but now they won't touch them; will a recession and falling rates bring them back? Growth stocks are all about the future, and the CRSP Growth Index contains nothing about valuation. Young growing companies often have negative cash flow an...

At the beginning of the month, we underestimated how fast agricultural commodities would follow base metals down. Although there are good reasons to buy agriculture ETFs as a hedge against geopolitically induced food inflation, DBA is too underexposed to grain commodities to perform t...

Meta has admitted its mistake. The company is ramping down expenses and R&D spending. The company is a cash flow powerhouse, and recent market weakness means a unique opportunity to repurchase shares. Overall, we recommend taking advantage of this downturn to build up a positi...

Earnings for the S&P 500, according to Howard Silverblatt’s work at S&P, are expected to rise 7.7% in 2022. Growth stocks were grossly overvalued going into that bear market and they took the brunt of the damage. Real estate did well last week with rates falling bac...