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Upstart will face its next test when it reports second-quarter earnings on Aug. 8, and the stock may swing wildly on the news, given its historical volatility, the soaring gains this year, and the ...
Upstart says that the AI models are working and since they have tightened the screws on raising the bar, the revenues are down (feature not a bug comment). Reply. Like (2) TheGribbler.
Upstart is currently priced at a price-to-revenue ratio of 9.2X which is no small multiplier: it is about 43% above the average P/S ratio over the last three years and 68% upside the industry ...
Investors in Upstart (UPST-0.81%) have -- to put it lightly -- experienced a bit of volatility since the company went public in late 2020. At one point in 2021, the shares were up over 1,000% in ...
Upstart's algorithms are currently pricing borrowers with much higher default rates, driving up interest rates on loans by a whopping 15% to 20% and, in many cases pushing loan interest rates ...
Stripping out certain one-off items, Upstart posted an adjusted loss of 5 cents a share. Revenue fell 14% to $134.6 million. Upstart projected fourth-quarter revenue holding steady at $135 million.
Upstart says it's improving AI models after report finds race approval disparities - American Banker
The online consumer lender Upstart Holdings says it's working to improve its artificial intelligence models after a law firm that monitors its fair-lending compliance found lower loan approval rates ...
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