Upstart's AI-driven underwriting, expanding data, and rising conversion rates position it for accelerated growth as the Fed eases monetary policy. Despite market concerns, large bank earnings confirm consumer lending remains healthy, supporting UPST's revenue growth outlook and upside potential. I remain bullish on UPST stock, as I believe the current guidance is overly prudent and growth is no...
Despite the pullback, much of Chime Financial's valuation remains built on high expectations about future profitability progress. Progressive shares recently took a dive due to a one-time event, but there's another issue at hand that may persist.
Hedge fund HoldCo has emerged from relative obscurity to launch activist investor campaigns against three regional banks: Comerica, Eastern Bank and First Interstate. Founders Vik Ghei and Misha Zaitzeff tell CNBC exclusively about their next target, Columbia Bank, and their broader plans to challenge banking CEOs.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Upstart, Inc. (NASDAQ: UPST) breached their fiduciary duties to shareholders. If you currently own Upstart stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financ...
Shares of Upstart and Atlassian have suffered double-digit declines this year, but certain Wall Street analysts expects triple-digit gains in the next 12 months. Upstart aims to disrupt the lending industry with artificial intelligence and the company reported triple-digit revenue growth in the second quarter.
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