Upstart’s breakneck rally is losing momentum after the lending platform that uses AI provided a disappointing outlook
Wall Street analysts are pessimistic about stock’s prospects.
Wall Street analysts are pessimistic about stock’s prospectsIndonesia Berita Terbaru, Indonesia Berita utama
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Upstart earnings: What to expect from the AI lenderUpstart Holdings Inc.’s controversial stock will be put to the test Tuesday afternoon when the company posts earnings. Shares of Upstart UPST have nearly quadrupled so far this year, although they’re off 87% from their all-time closing high of $390, achieved in October 2021.
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Sen. Mitch McConnell booed, heckled with chants to 'retire' at Kentucky rallySen. Mitch McConnell faced booing and heckling with chants urging him to retire at a rally in Kentucky. This comes after previous health scares and concerns among his voters. McConnell's recent freezing up during a press conference in Washington has raised further questions about his health.
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Dow posts best day in 7 weeks as stocks resume rallyU.S. stocks closed higher Monday, with the Dow posting its best day in about seven weeks. The Dow Jones Industrial Average rose about 408 points, or 1.2%, ending near 35,473, according to preliminary FactSet data. It snapped a 3-session decline and marked the Dow’s best daily percentage gain since June 15, according to FactSet data.
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Chegg's AI Education Tool Receives Positive Feedback, Shares RallyChegg Inc., an education technology company, has reported better-than-expected second-quarter sales and improved trends in attracting and retaining customers. The company is optimistic about delivering enhanced AI learning-assistance tools to address the limitations of ChatGPT. Following the announcement, Chegg's shares surged by 23.8%.
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Surprise Stock Market Rally Bulldozes Bearish Hedge FundsShort covering by funds reaches its highest cumulative dollar amount in years.
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How to watch Trump rally in Windham, New Hampshire: Time, live stream, infoFormer President Trump is holding his first 2024 campaign rally in Windham, New Hampshire. This comes after he faced his third criminal indictment. Find out the time, live stream, and other information on how to watch the rally.
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