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- PrinceDomPrinceDom
  ·2022-07-08
  Company better maximise that $400m share buyback program at this price.
  Upstart Stock Plunges 16% after Admitting It Won't Hit Disappointing Forecast
  Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street's wrath
  Upstart Stock Plunges 16% after Admitting It Won't Hit Disappointing Forecast
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- PrinceDomPrinceDom
  ·2022-05-18
  And it still drop by 6%? Market is ridiculous
  Sorry, this post has been deleted
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- PrinceDomPrinceDom
  ·2022-01-20
  $Upstart Holdings, Inc.(UPST)$At This Valuation,it could even be possibly acquired by a bigger firm. JPM, GS could get into this and accelerate their push to digital/AI banking.
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better maximise that $400m share buyback program at this price.&nbsp;","listText":"Company better maximise that $400m share buyback program at this price.&nbsp;","text":"Company better maximise that $400m share buyback program at this price.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079461868","repostId":"2249367456","repostType":2,"repost":{"id":"2249367456","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1657236846,"share":"https://ttm.financial/m/news/2249367456?lang=&edition=fundamental","pubTime":"2022-07-08 07:34","market":"us","language":"en","title":"Upstart Stock Plunges 16% after Admitting It Won't Hit Disappointing Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2249367456","media":"Dow Jones","summary":"Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street's wrath","content":"<html><head></head><body><p>Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street&#39;s wrath once again after admitting Thursday it came up well short of the mark.</p><p>Upstart <a href=\"https://laohu8.com/S/UPST\">$(UPST)$</a> disclosed late Thursday that executives expect second-quarter losses and revenue to come in well short of targets they forecast in May, when the company&#39;s disappointing forecast led to shares being cut by more than half in a single session. 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Shares have declined 77.7% so far this year through Thursday&#39;s close, as the S&amp;P 500 index  has declined 18.1%.</p><p>Executives expect to fully report second-quarter financial results on Aug. 8.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upstart Stock Plunges 16% after Admitting It Won't Hit Disappointing Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpstart Stock Plunges 16% after Admitting It Won't Hit Disappointing Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-08 07:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street&#39;s wrath once again after admitting Thursday it came up well short of the mark.</p><p>Upstart <a href=\"https://laohu8.com/S/UPST\">$(UPST)$</a> disclosed late Thursday that executives expect second-quarter losses and revenue to come in well short of targets they forecast in May, when the company&#39;s disappointing forecast led to shares being cut by more than half in a single session. After disclosing preliminary results, shares dove more than 16% in after-hours trading Thursday.<img src=\"https://static.tigerbbs.com/bc7e365f1eb99187986e0c95acb2c0b5\" tg-width=\"823\" tg-height=\"833\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Upstart, which lends money while leveraging artificial intelligence to make loan decisions, revealed that revenue for the second quarter is now expected to be roughly $228 million, after originally guiding for sales of $295 million to $305 million. Analysts had been estimating second-quarter sales of $335 million before Upstart provided guidance, and had since brought down that target to $298 million, according to FactSet.</p><p>The lending company&#39;s second-quarter loss is now expected to be $27 million to $31 million, after executives previously guided for breakeven to a loss of $4 million. Analysts polled by FactSet still expected Upstart to produce a small profit of less than $1 million despite that guidance, a reduction from expectations of $24 million in profit before the guidance.</p><p>For more: Upstart earnings highlighted &#39;perfect storm of headwinds&#39;</p><p>&#34;Our revenue was negatively impacted by two factors approximately equally,&#34; Chief Executive Dave Girouard said in a prepared statement. &#34;First, our marketplace is funding-constrained, largely driven by concerns about the macroeconomy among lenders and capital market participants. Second, in Q2, we took action to convert loans on our balance sheet into cash, which, given the quickly increasing rate environment, negatively impacted our revenue.&#34;</p><p>Upstart went public in December 2020, pricing its initial batch of shares at $20 apiece. The stock has never traded that low on the public markets, however -- it opened at $26 on the first day of trading and eventually moved as high as more than $400 last fall.</p><p>Those gains have disappeared. After its May earnings report and forecast, Upstart shares dove more than 56% in a single session, then fell another 16.7% the following day to hit a 52-week low of $25.43.</p><p>Shares have bounced back a bit since, topping $50 at times in June, but they closed Thursday at $33.74 and were trading for less than $29 in extended trading following the news. Shares have declined 77.7% so far this year through Thursday&#39;s close, as the S&amp;P 500 index  has declined 18.1%.</p><p>Executives expect to fully report second-quarter financial results on Aug. 8.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4166":"消费信贷","BK4561":"索罗斯持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249367456","content_text":"Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street's wrath once again after admitting Thursday it came up well short of the mark.Upstart $(UPST)$ disclosed late Thursday that executives expect second-quarter losses and revenue to come in well short of targets they forecast in May, when the company's disappointing forecast led to shares being cut by more than half in a single session. After disclosing preliminary results, shares dove more than 16% in after-hours trading Thursday.Upstart, which lends money while leveraging artificial intelligence to make loan decisions, revealed that revenue for the second quarter is now expected to be roughly $228 million, after originally guiding for sales of $295 million to $305 million. Analysts had been estimating second-quarter sales of $335 million before Upstart provided guidance, and had since brought down that target to $298 million, according to FactSet.The lending company's second-quarter loss is now expected to be $27 million to $31 million, after executives previously guided for breakeven to a loss of $4 million. Analysts polled by FactSet still expected Upstart to produce a small profit of less than $1 million despite that guidance, a reduction from expectations of $24 million in profit before the guidance.For more: Upstart earnings highlighted 'perfect storm of headwinds'\"Our revenue was negatively impacted by two factors approximately equally,\" Chief Executive Dave Girouard said in a prepared statement. \"First, our marketplace is funding-constrained, largely driven by concerns about the macroeconomy among lenders and capital market participants. Second, in Q2, we took action to convert loans on our balance sheet into cash, which, given the quickly increasing rate environment, negatively impacted our revenue.\"Upstart went public in December 2020, pricing its initial batch of shares at $20 apiece. The stock has never traded that low on the public markets, however -- it opened at $26 on the first day of trading and eventually moved as high as more than $400 last fall.Those gains have disappeared. After its May earnings report and forecast, Upstart shares dove more than 56% in a single session, then fell another 16.7% the following day to hit a 52-week low of $25.43.Shares have bounced back a bit since, topping $50 at times in June, but they closed Thursday at $33.74 and were trading for less than $29 in extended trading following the news. Shares have declined 77.7% so far this year through Thursday's close, as the S&P 500 index  has declined 18.1%.Executives expect to fully report second-quarter financial results on Aug. 8.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023118780,"gmtCreate":1652881169440,"gmtModify":1676535179983,"author":{"id":"3580550404005049","authorId":"3580550404005049","name":"PrinceDom","avatar":"https://static.tigerbbs.com/52538857085bcc8bf6983caa12d3cdd0","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580550404005049","authorIdStr":"3580550404005049"},"themes":[],"htmlText":"And it still drop by 6%? Market is ridiculous&nbsp;","listText":"And it still drop by 6%? Market is ridiculous&nbsp;","text":"And it still drop by 6%? Market is ridiculous","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023118780","repostId":"2236759642","repostType":2,"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004286892,"gmtCreate":1642610286351,"gmtModify":1676533727649,"author":{"id":"3580550404005049","authorId":"3580550404005049","name":"PrinceDom","avatar":"https://static.tigerbbs.com/52538857085bcc8bf6983caa12d3cdd0","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580550404005049","authorIdStr":"3580550404005049"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>At This Valuation,it could even be possibly acquired by a bigger firm. JPM, GS could get into this and accelerate their push to digital/AI banking.&nbsp;","listText":"<a href=\"https://ttm.financial/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>At This Valuation,it could even be possibly acquired by a bigger firm. JPM, GS could get into this and accelerate their push to digital/AI banking.&nbsp;","text":"$Upstart Holdings, Inc.(UPST)$At This Valuation,it could even be possibly acquired by a bigger firm. JPM, GS could get into this and accelerate their push to digital/AI banking.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004286892","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}