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2023-08-29 09:30:00 ET Summary AFRM has finally reported positive FCF generation, thanks to the higher interest rate environment, increased APRs from its processed loans, and expanding GMV. The fintech also boasts highly sticky offerings, with the number of transactions per Active...
2023-08-28 10:22:00 ET Summary Upstart Holdings suffered a steep decline after their Q2 '23 earnings, which has only gained momentum since. The main reason: the Q3 outlook was marginally shy of consensus, and given the vertical ascent of the share this year that implicitly assumed...
2023-08-28 09:27:00 ET Artificial intelligence lending company Upstart Holdings (NASDAQ: UPST) has stumbled since reporting its second-quarter earnings. Shares are down by more than 55% since the end of July. The company turned in a clunker of an earnings report in this high-int...
2023-08-22 05:00:24 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors seeking potential opportunities often gravitate toward high-growth areas of the market. Of late, AI stocks , or companies that are involved in developing the front-end artificia...
2023-08-21 04:49:14 ET Summary Upstart Holdings' stock price has crashed by more than half after 2Q-23 earnings, falling from over $70 to $32. The drop in stock price suggests an overreaction to the fintech's recent financial results, as its business is expected to bounce back in ...
2023-08-20 05:03:00 ET Artificial intelligence (AI) is a buzzword applied to too many companies. But Upstart 's (NASDAQ: UPST) future is heavily tied to AI and whether its AI-powered credit platform can really deliver better results. In this video, Motley Fool contributor Jason Hall...
2023-08-18 06:25:00 ET Investors who were able to identify what eventually became the trillion-dollar stocks of today, like Apple , Alphabet , or Nvidia , among others, could've seen their portfolios skyrocket in value. The challenge, however, is to spo...
2023-08-17 11:11:20 ET Summary Pagaya Technologies Ltd. aims to democratize access to financial products and services using data science and AI technology. Pagaya operates under a B2B2C model, connecting financial institutions with investors seeking exposure to consumer assets. ...
2023-08-16 09:52:51 ET Upstart ( NASDAQ: UPST ) said on Wednesday that it had partnered with Farmers Insurance Federal Credit Union. "Farmers Insurance Federal Credit Union became an Upstart Referral Network lending partner in December 2021," UPST said in a statement ...
Farmers Insurance Federal Credit Union (FIGFCU), the credit union serving predominantly members of the Farmers Insurance community, today announced its partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to consumers acr...
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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...