Weekly Recap: Q2 beat, GAAP profit and HELOC, auto lending expansion
Upstart Holdings, Inc. (NASDAQ:UPST) beat Q2 revenue and returned to GAAP profit as loan originations jumped 50% to $4.2B and contribution profit hit $193M, while it expands Commonwealth Credit Union ties into HELOC and indirect auto lending and sees BTIG hold a $43 price target.Previous Week Recap…