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A number of stocks fell in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.
Surging Treasury yields and inflation fears are putting pressure on this digital bank, today, May 19, 2026.
In the first quarter of 2026, Upstart Holdings, Inc. reported a wider net loss of US$6.65 million even as originations and revenue grew strongly, while also advancing its AI lending platform, applying for a national bank charter, and expanding in home and auto lending. At the same time, Upstart deepened its funding and distribution reach through a new partnership with Justice Federal Credit Union and a forward-flow agreement with Fortress Investment Group to purchase up to US$1.25 billion of...
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