Oklo stock tumbles as Financial Times scrutinizes valuation
Investing.com - Upstart Holdings Inc (NASDAQ:UPST) stock fell 3% to its low of the day on Tuesday following a Jefferies report highlighting a significant increase in short interest for the AI lending platform. The company, currently trading at $223.22 with a market capitalization of $142.75 billion, has shown a strong year-to-date return of 27.53% according to InvestingPro data.
According to Jefferies’ analysis of consumer finance short interest trends, Upstart experienced the largest increase among companies in the sector, with short interest rising 606 basis points to 27.7% in August.
The report noted that short interest trends "have been largely increasing over the last three months," with the auto industry being the only segment experiencing a decline during this period.
By industry category, Jefferies reported that the Fintech space saw the largest rise in short interest, increasing 75 basis points to 11.6% month-over-month in August.
In contrast, alternative consumer finance experienced the largest decline in short interest among industry segments, dropping 14 basis points to 5.9% during the same period.
In other recent news, Capital One Financial reported second-quarter 2025 earnings that significantly exceeded analyst expectations. The company achieved adjusted earnings per share of $5.48, surpassing both TD Cowen’s estimate of $3.85 and the consensus forecast of $4.03. This strong performance led BTIG to reiterate its Buy rating, setting a price target of $264.00. Additionally, Capital One declared a quarterly dividend of $0.60 per common share, continuing its consistent dividend payments since 1995. The company also saw its stock price target raised by BofA Securities to $245.00 and by TD Cowen to $260.00, both maintaining a Buy rating. Meanwhile, Capital One is involved in a lawsuit filed by the New York Attorney General against Early Warning Services, LLC, the operator of Zelle, over an alleged $1 billion fraud scheme. The lawsuit claims that Zelle was designed without critical safety features, making it vulnerable to scammers. These developments highlight the ongoing financial and legal activities surrounding Capital One.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.