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2 mins read
China's upstart planemaker is taking advantage of production woes at Boeing and Airbus as it seeks to break into the Western market
Comac could deliver a C919 within a year as Boeing and Airbus deal with supply-chain problems, Paul…
Pete Syme
2 mins read
Upstart Chinese planemaker Comac is in talks with Saudi Arabia as it seeks to disrupt the Boeing-Airbus duopoly
Comac's chair visited Saudi Arabia, per Reuters, as it looks to expand and set the cat among the pi…
Pete Syme
2 mins read
United Airlines CEO says he wants to see a competitor break the Airbus-Boeing duopoly, but isn't convinced by Chinese upstart Comac
Scott Kirby said Boeing's decision to build the 737 Max instead of a new model was a "fundamental m…
Pete Syme
1 min read
Upstart plummets 22% after slashing quarterly guidance on inflation and recession fears
The company now sees second-quarter revenue of $228 million, down from earlier estimates of $295 mi…
Jennifer Sor
2 mins read
Upstart plummets 52% as the consumer lending platform points to recession risks and cuts its full-year outlook
"Given the hawkish signals from the Fed, we anticipate prices will move even higher later this year…
Carla Mozée
1 min read
Upstart jumps 27% as full-year sales forecast smashes estimates
Upstart raised its full-year revenue guidance to $750 million from its prior guidance of $600 milli…
Matthew Fox
1 min read
Upstart plunges 24% as earnings beat estimates but guidance points to weaker fourth quarter
Before this week, Upstart stock was up 129% over the past three months, and 670% so far on the year.
Phil Rosen
2 mins read
Billionaire investor Dan Loeb reveals Shell stake in push to break up the oil major - and trumpets his Upstart and Rivian bets
The Third Point chief called for Shell to be divided into several companies, and warned the taperin…
Theron Mohamed
1 min read
AI lending platform Upstart lays off 7% of employees
AI lending platform Upstart has laid off 7 per cent of its total workforce (around 140 employees), …
2 mins read
Billionaire investor Dan Loeb has racked up a 3,700% gain on Upstart - even after cashing out $200 million of stock in August
Loeb's Third Point hedge fund commands a $3.4 billion stake in the AI-powered lending platform, des…
Theron Mohamed
2 mins read
Warren Buffett and Vivek Ramaswamy are miles apart politically. But the investing icon and Republican upstart have these 3 things in common.
Buffett and Ramaswamy are both bargain hunters with a taste for holding companies, who worry about …
Theron Mohamed
1 min read
Billionaire investor Dan Loeb praised SPACs, revealed his winning bets, and predicted a surge in risky debt in his latest investor letter
Loeb's Third Point fund counted Upstart, SentinelOne, and SoFi among its best investments last quar…
Theron Mohamed
4 mins read
Hundreds of flexitarians are flocking to this vegan burger upstart. Here's why.
Vegan chain Next Level Burger, backed by Whole Foods, plans to triple in size. In late January, it …
Nancy Luna
2 mins read
Wall Street is loving Tesla's latest delivery figures - but one stat suggests Elon Musk's EV maker still has to figure out how to boost demand even further
Tesla's delivery figures suggest this year's price cuts are working, but one stat shows that there'…
Phil Rosen
2 mins read
Carefree gambling and partying in Las Vegas may signal a US recession isn't imminent, short seller Jim Chanos says
Casinos on the Las Vegas Strip raked in big revenues in February, suggesting Americans are still sp…
Theron Mohamed
1 min read
Take a look at the planes upstart airline Northern Pacific plans to use to connect Japan and Korea with major US cities through Alaska
Northern Pacific AirwaysBrady MacDonald/Insider
Brady MacDonald
1 min read
Elon Musk's takeover of Twitter has translated into huge user growth — for upstart social media platforms like Mastodon and Tumblr, according to new data
Elon Musk has claimed that Twitter's active users are at an all-time high. New data shows smaller r…
Samantha Delouya
2 mins read
Billionaires keep blaming Robinhood traders for skewing stock prices. But a new study says the upstarts have minimal impact on the overall market.
"Popularity on Robinhood is not predictive of price changes, but it is predictive of what will make…
Matthew Fox
1 min read
Zoom expects to boost revenue by 200% and profits by 300% this year. These 5 charts show the video-conferencing upstart's explosive growth.
Zoom founder Eric Yuan reacts at the Nasdaq opening bell ceremony on April 18, 2019 in New York Cit…
Theron Mohamed
2 mins read
Upstart insurers struggle - The future of GSK - Experts are masking up
These are Insider's biggest healthcare stories for July 6.