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Showing posts with the label AI investment

Three Reasons to Buy Upstart Stock Right Now

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  Point Upstart recently reported 56% revenue growth and provided a strong outlook for 2025. The company is expanding beyond personal loans into auto loans and home equity lines of credit (HELOCs) , opening massive growth opportunities. Upstart expects to reach GAAP profitability in 2025 , marking a significant milestone for financial stability. Details image source :  Upstart  1. Strong Growth and Improving Profitability Upstart has consistently outperformed market expectations , reporting impressive financial results over the past few quarters. Q4 2024 revenue: $285 million, up 56% year-over-year , and 35% sequential growth from Q3 Loan originations: $2.1 billion , a 68% increase from the previous year Adjusted EBITDA margin: 18%, up from 0% a year ago Net loss: $4.8 million, a 90% improvement from Q4 2023 More importantly, Upstart forecasts that 2025 will be its first billion-dollar revenue year . Additionally, it expects to reach break-even or better on a GAAP...

Nvidia, Meta, Apple, and Microsoft: How This BlackRock ETF Could Turn $200,000 Into $1 Million by 2040

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  Point The iShares Expanded Tech Sector ETF (IGM) provides broad exposure to AI-driven technology stocks. Nvidia, Meta, Apple, and Microsoft are the top holdings in this ETF, leading the AI revolution. With a historical compound annual growth rate (CAGR) of 11%, the ETF has the potential to grow a $200,000 investment into $1 million by 2040. Details iShares Expanded Tech Sector ETF: AI-Centric Tech Portfolio BlackRock, the world’s largest asset manager, operates over 1,400 ETFs under its iShares brand. Among them, the iShares Expanded Tech Sector ETF (IGM) includes 289 technology stocks, covering AI, cloud computing, semiconductors, and software. The ETF's top four holdings make up over 33% of the portfolio, featuring Meta (9.63%), Apple (8.00%), Nvidia (7.99%), and Microsoft (7.62%). **Key Companies Leading the AI Industry** > Meta Platforms Uses AI for content recommendations on Instagram and Facebook. Developed Llama, an open-source AI model, enhancing its AI leadership. Exp...