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2023-05-16 09:16:00 ET After reporting its first-quarter results, the artificial intelligence-assisted lender Upstart (NASDAQ: UPST) has seen its stock rally after providing improved guidance and making some improvements to its business model. While the quarter was better than e...
2023-05-15 16:43:34 ET Upstart Holdings ( NASDAQ: UPST ) stocks surged 23.6% on Monday after the AI-powered lending marketplace inked a deal to sell up to $4B of consumer installment loans to private credit shop Castlelake. The move comes after Upstart ( UPST ) finan...
2023-05-15 16:06:51 ET Summary Upstart’s stock skyrocketed 35% after 1Q-23 results were announced. Higher interest rates are hurting Upstart’s lending business, but 2024 could be a strong recovery year for the AI startup. Current price surge may be driven by a cl...
2023-05-15 15:40:00 ET Upstart Holdings (NASDAQ: UPST) has inked a deal to sell up to $4 billion in consumer installment loans to investment firm Castlelake LP. Investors are pleased to see there are buyers for Upstart's loans, sending shares of the fintech company up more than ...
2023-05-15 14:02:00 ET Wall Street has been trying to find its way through difficult times in recent months, which has led to fits and starts for major stock market indexes. Monday started the week with mixed moves in the market, as strength in tech stocks faced weakness in some other marke...
2023-05-15 12:38:03 ET Summary SoFi Technologies, Inc. has received a downgrade from Wedbush. SoFi's management team hasn't got much skin in the game. And they are not buying shares in the open market. That is, aside from CEO Anthony Noto. I discuss SoFi's profitability and EB...
2023-05-15 12:00:09 ET Gainers: Ohmyhome ( OMH ) +48% . Harbor Custom Development ( HCDI ) +26% on earnings . PacWest Bancorp ( PACWP ) +14% . Upstart Holdings ( UPST ) +13% . Yiren Digital ( YRD ) +11% . Losers: ...
Castlelake Reaches Purchase Agreement for up to $4 Billion of Consumer Installment Loans Originated on Upstart's Platform PR Newswire MINNEAPOLIS , May 15, 2023 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment manager with 17 y...
2023-05-14 21:50:39 ET Summary Upstart is at a critical juncture, with the company making progress in key areas. Securing funding commitments can be a game-changer for the stock. Management claims that recent loan vintages are meeting or exceeding expectations. Cost effici...
2023-05-13 09:24:58 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Everyone who invests in growth stocks hopes that one of their holdings will become the next Netflix (NASDAQ: NFLX ), the next Amazon (NASDAQ: AMZN ), or the ...
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2024-07-25 04:05:00 ET Upstart (NASDAQ: UPST) has had a rough go of it in recent years, with the stock plunging 93% from its all-time high in late 2021. The fintech's artificial intelligence lending model aims to make loans accessible to more borrowers, but high interest rates and t...
The Bank of Elk River, one of the largest community banks in Sherburne County, Minnesota, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide digital-initiated personal loans to customers outside of their typical fo...
2024-07-20 05:35:00 ET Many artificial intelligence (AI) stocks surged in recent years as new generative AI tools sparked a buying frenzy in AI chips, AI servers, and AI-driven cloud services. The obvious winners include Nvidia , Super Micro Computer , and Microsoft , but plenty...