UPST's promising FQ3'24 guidance and narrowing adj EBITDA losses have triggered the market's optimism surrounding its intermediate term prospects. Perhaps part of the tailwinds may be attributed to the Fed's upcoming pivot and the lower borrowing costs, with it triggering a potential housing boom. With UPST increasing the expansion of its HELOC offerings to 30 states, we may see the management ...
The stock market has now priced in the interest rate cut narrative. Investors can point to this idea by watching how the S&P 500 has gone from an uptrend market to a channeling—or even bracketing—market around a support and resistance area.
These businesses are capitalizing on the future of their respective industries. Eli Lilly is already experiencing untold success amid the GLP-1 inhibitor drug boom, but the nearly 150-year-old company has plenty of growth drivers to rely on.
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