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2023-06-16 06:30:27 ET Summary Upstart has built premium valuations based on half-truths and incoherent narratives. UPST claims to have superior AI technology, but its core revenue relies on referral and platform fees (marketing). Based on Upstart's idiosyncratic risks, my est...
2023-06-15 10:00:00 ET We're not even at the halfway point of 2023 yet, and already tech stocks have put up impressive gains this year. Year to date through June 12, the Nasdaq has jumped 29%, recovering much of last year's losses. Not every investor is convinced the bear market is ...
2023-06-15 09:02:37 ET The S&P 500 fell into a bear market early last year, but the index recently surpassed the threshold that some investors see as the beginning of the next bull market. Specifically, the S&P 500 is up more than 20% from the bear market low it hit last October...
2023-06-14 13:08:22 ET Upstart ( NASDAQ: UPST ) stock price recovery continued as it jumped to the highest level since June 2022. The shares have jumped by more than 215% from the lowest level in 2022. This recovery has brought its total market cap to over $3 billion. Technology...
2023-06-14 11:04:25 ET Upstart ( NASDAQ: UPST ) signed up Texas Bay Credit Union to provide personal loans to the Houston credit union and community development financial institution's customers via Upstart's artificial-intelligence-powered lending platform, it said Wednesday. ...
2023-06-14 09:21:16 ET Shares of PayPal Holdings ( NASDAQ: PYPL ), +1.3% , SoFi Technologies ( NASDAQ: SOFI ), +2.6% , and Upstart Holdings ( NASDAQ: UPST ), +1.4% , all advanced in premarket trading as BTIG analyst Lance Jessurun started coverage of the ...
Texas Bay Credit Union, a credit union and community development financial institution (CDFI) serving the greater Houston market, today announced that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, to provide personal loans to more members. ...
2023-06-14 08:21:12 ET Summary Atlassian core view about AI is that teamwork (their core) is always the backbone of human achievement and AI used effectively helps teams. Three forces shape how teams work together: software eats the world and it is supercharged by AI; teams need a...
2023-06-13 09:48:47 ET Fool.com contributor and finance professor Parkev Tatevosian compares UiPath (NYSE: PATH) and Upstart (NASDAQ: UPST) to determine which is the better artificial intelligence (AI) stock to buy for long-term investors. *Stock prices used were the a...
2023-06-13 06:45:00 ET Few companies personify the boom and bust of the pandemic investing era more than Upstart (NASDAQ: UPST) . After going public in late 2020 at around $30 per share, Upstart found itself trading at nearly $400 per share in late 2021. Anyone who rode the train up...
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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...