Here's Why Upstart Is Soaring Today

Motley Fool2021-08-11

What happened Fintech company Upstart Holdings (NASDAQ:UPST), which provides an artificial intelligence-powered lending platform to help banks make smarter decisions, reported its second-quarter ...

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精彩评论

SSVC
2021-08-12
SSVC
Nice Appreciate your response and comments thanks
- 小小馒头:
  Thanks!
- pennylks:
  [握手]
- ssianho:
  👍
LuckyLucky
2021-08-12
LuckyLucky
.
- LuckyLucky:
  .
egbloper
2021-08-12
egbloper
Using AI to make credit decisions is the way forward. They will either get acquired or grow massively
SeahBW
2021-08-12
SeahBW
Way to go!
ZhiYongYK
2021-08-12
ZhiYongYK
👍
- Wenikho:
  Ok
Yuannie
2021-08-11
Yuannie
🚀

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And it would be fair to say investors are impressed with the results.\nAs of 10 a.m. EDT Wednesday, Upstart was higher by about 25%, handily outpacing the major market averages.\nImage source: Getty Images.\nSo what\nTo put it mildly, Upstart shattered the market's expectations. The company posted revenue of $194 million for the quarter, more than 10 times what it produced in the pandemic-stricken second quarter of 2020 and well ahead of the $158 million analysts had been looking for. And unlike many fintechs, Upstart is quite profitable. For the quarter, Upstart earned $0.62 per share, more than doubling the $0.25 expected by analysts.\nGoing beyond the headline numbers, it's even more impressive. Upstart's bank partners originated $2.8 billion of loans on the platform, a 62% quarter-over-quarter increase.\nNow what\nUpstart also increased its guidance, which is likely fueling today's move just as much as the second-quarter numbers. 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They will either get acquired&nbsp;or grow massively&nbsp;","listText":"Using AI to make credit decisions is the way forward. They will either get acquired&nbsp;or grow massively&nbsp;","text":"Using AI to make credit decisions is the way forward. They will either get acquired or grow massively","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895974648","repostId":2158428030,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895956233,"gmtCreate":1628719399022,"gmtModify":1633744961244,"author":{"id":"3581576120674161","authorId":"3581576120674161","name":"SeahBW","avatar":"https://static.tigerbbs.com/3c6bf2f5a59ced1753422a1db8d5edab","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581576120674161","authorIdStr":"3581576120674161"},"htmlText":"Way to go!","listText":"Way to go!","text":"Way to go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895956233","repostId":2158428030,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895999953,"gmtCreate":1628699079472,"gmtModify":1633745001888,"author":{"id":"3575320925960143","authorId":"3575320925960143","name":"ZhiYongYK","avatar":"https://static.tigerbbs.com/0eeab7f937673fea790371fea7b4bfa2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575320925960143","authorIdStr":"3575320925960143"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895999953","repostId":2158428030,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5498260,"gmtCreate":1628718079142,"gmtModify":1635154060941,"authorId":3583735307988740,"author":{"id":3583735307988740,"idStr":"3583735307988740","authorId":3583735307988740,"name":"Wenikho","avatar":"https://static.tigerbbs.com/48d673eefef20f75808048d78501a48f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895999953,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":895051918,"gmtCreate":1628696184734,"gmtModify":1631891865645,"author":{"id":"3581971370837763","authorId":"3581971370837763","name":"Yuannie","avatar":"https://static.tigerbbs.com/b80c447bbb749afb1e2e06b5ce30531b","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581971370837763","authorIdStr":"3581971370837763"},"htmlText":"🚀","listText":"🚀","text":"🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895051918","repostId":2158428030,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":80,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2158428030"}