Upstart's stock collapses toward its worst day in over a year. Why Wall Street is spooked.
Upstart has capitalized on Wall Street's artificial-intelligence fervor this year, but it can't shake a sluggish lending market.
Stay updated with breaking news from John Hecht. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Upstart has capitalized on Wall Street's artificial-intelligence fervor this year, but it can't shake a sluggish lending market.
The fintech's second-quarter results showed narrowing losses as well as membership and revenue growth, even as it took on marketing expenses and paid a data breach settlement.
Upstart's controversial stock will be put to the test Tuesday afternoon when the company posts earnings.
Hercules Capital, Inc. (NYSE:HTGC) Q2 2023 Earnings Call Transcript August 3, 2023 Hercules Capital, Inc. beats earnings expectations. Reported EPS is $0.53, expectations were $0.5. Operator: Good day, and thank you for standing by. Welcome to the Hercules Capital Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. […]
SoFi Technologies is the talk of the town in the United States. With +120% expected by 2023, the stock is one of the Nasdaq's new stars. The stock recovered 20% on Monday to break the USD 10 barrier....