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2023-08-10 11:39:16 ET Summary In typical Upstart Holdings, Inc. fashion, the stock dropped by 34% in a single session after reporting Q2 2023 results, and is now down ~52% from its recent highs. Revenue guidance for Q3 fell short of street consensus, triggering profit booking fro...
2023-08-10 06:50:00 ET Artificial intelligence (AI) lending marketplace Upstart (NASDAQ: UPST) is having a lot of trouble navigating the current economic environment. Demand for loans is way down, partly due to higher interest rates. Upstart's partners originated $1.2 billion of loa...
2023-08-09 20:00:33 ET Summary Upstart Holdings, Inc. reported a turnaround quarter in Q2 '23, with sequential revenue growth and a non-GAAP profit of $5.4 million. The biggest problem facing the AI lending platform is a lack of committed capital to invest in loans during weak eco...
2023-08-09 14:17:46 ET More on Upstart Upstart Q2 Earnings: Unraveling The Bear Thesis And The Catch-22 Upstart Holdings, Inc. ( UPST ) Q2 2023 Earnings Call Transcript Upstart Holdings, Inc. 2023 Q2 - Results - Earnings Call Presentation Upstart's Long-T...
2023-08-09 13:27:46 ET Gainers: Benitec Biopharma ( BNTC ) +81% . Tango Therapeutics ( TNGX ) +77% . Decibel Therapeutics ( DBTX ) +76% . T Stamp ( IDAI ) +50% . Millennium Group International Holdings ( MGIH ) +43% . EBET ( ...
2023-08-09 12:03:35 ET Shares of Upstart Holdings (NASDAQ: UPST) were down 30% as of 11 a.m. EDT Wednesday, according to data provided by S&P Global Market Intelligence , after the AI lending platform followed better-than-expected second-quarter results with discouraging for...
2023-08-09 11:58:51 ET Gainers: Oportun Financial ( OPRT ) +28% after Q2 earnings . Heritage Insurance Holdings ( HRTG ) +13% after results . The Real Brokerage ( REAX ) +10% after results . ProAssurance ( PRA ) +10% after Q2...
2023-08-09 08:32:37 ET Tigo Energy ( TYGO ) -37% reports record revenues and gross profit for second quarter 2023. Bruush Oral Care ( BRSH ) -29% . Fitell Corporation ( FTEL ) -26% . Veritone ( VERI ) -26% after Q2 earning release . ...
2023-08-09 04:04:34 ET Summary Upstart's recent earnings report is a mixed bag, with bullish aspects but also notable concerns. Investors are eager to take profits after the stock's massive run-up in recent months. The bear thesis, rooted in skepticism about Upstart's intermed...
2023-08-09 00:31:03 ET Image source: The Motley Fool. Upstart (NASDAQ: UPST) Q2 2023 Earnings Call Aug 08, 2023 , 4:30 p.m. ET Operator Continue reading For further details see: Upstart (UPST) Q2 2023 Earnings Call Transcript
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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...