An earlier version of this story misstated where Upstart’s stock plunge ranks among recent declines. It has been corrected. Upstart Holdings Inc. continues to find itself in a challenging spot as ...
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart (NASDAQ: UPST), an artificial intelligence (AI) lending marketplace, announced today a forward-flow commitment from funds managed by Castlelake, L.P.
Upstart Holdings delivered its first earnings miss in five consecutive quarters on Tuesday Shares of UPST fell more than 6% in after hours trading after the AI company missed on top and bottom lines.
Upstart was using artificial intelligence before it became commonplace. Now that companies are embracing AI, Upstart’s growth prospects are bright. This stock has underperformed of late, but the ...
A pair of auto industry bankruptcies spooked credit markets in September. One analyst mistakenly reported that Upstart's delinquencies spiked in August. It's unclear if Upstart's business has been ...
The fear that AI could kill Upstart fundamentally misunderstands the problem. I explain why credit is a specialized "survival problem" that generic AI can't solve. Upstart's AI model is trained on ...
Online lending platform Upstart Holdings became profitable again due to higher loan origination volumes. At the same time, the company has been investing in AI and expanding its consumer credit ...
Upstart reported a strong Q2 due to a big boost in loan conversions, but questions remain about sustainability and lack of consistent volume growth. The AI lending platforms expansion into auto and ...
Upstart's first-quarter financial results had a number of figures that looked good on a year-over-year basis. Loan origination volume in dollar terms was up 89% from last year's period to $2.1 billion ...
Shares of the AI lending platform sink after hours, as investors await firmer profitability Shares of Upstart Holdings Inc. tumbled after hours on Tuesday after the artificial-intelligence lending ...
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