1 Artificial Intelligence (AI) Stock Down 94% You Might Want to Buy Before Interest Rates Fall
The U.S. Federal Reserve could begin to cut interest rates later this year, and that will be a windfall for this AI- powered loan originator. Upstart Holdings (UPST -0.78%) went public in 2020 priced at 401 on the back of the company's lightning-fast revenue growth and its promising potential. The company developed an artificial intelligence (AI) algorithm to assess the creditworthiness of potential borrowers on behalf of banks, in a bid ...