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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

1 Unstoppable AI Stock Down 95% With a $2.7 Trillion Opportunity Ahead

Anthony Di Pizio, The Motley Fool
·4 min read
1 Unstoppable AI Stock Down 95% With a $2.7 Trillion Opportunity Ahead

Resilience is an important ingredient for success in the business world, and Upstart (NASDAQ: UPST) has it in spades. It's using artificial intelligence (AI) to transform the lending industry, but its methods were called into question in 2022 when credit conditions tightened and crushed the company's momentum. Investors have sent Upstart stock plunging 95% from its all-time high as a result, but the company is making important moves to secure its future.

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