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05-08

$Upstart Holdings, Inc.(UPST)$ Looking at these earnings objectively, they are clearly not bad and the fact that they are guiding to a return to sequential growth in H2 along with positive adjusted ebitda by year end, means that the business is likely through the worst of it. Q2s outlook isnt amazing, but when Q2 report comes in, they will likely be guiding for sequential growth in Q3 and the market will love that.  The next couple of months will likely provide the final dips to be bought here before it begins to rise again as rate cuts come slowly into effect. 

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