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Why Upstart Holdings Inc. (UPST) Went Up On Monday?

We recently published a list of AI Stocks Dominate Monday’s Top 10 Performers. In this article, we are going to take a look at where Upstart Holdings Inc. (NASDAQ:UPST) stands against other AI stocks that dominate Monday’s top performers.

The stock market finished mixed on Monday as investors remained cautious over the escalating trade tensions globally, with President Donald Trump threatening to slap China with another 50-percent tariff if the latter does not withdraw a countermeasure.

The Dow Jones declined by 0.91 percent, while the S&P 500 dropped by 0.23 percent. In contrast, the tech-heavy Nasdaq inched up by 0.10 percent.

Meanwhile, 10 companies, predominantly in the Artificial Intelligence sector, bucked an overall market pessimism, posting strong gains during the day.

In this article, we have identified Monday’s top performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.

A close-up of a businesswoman using a laptop, being illuminated by the AI-enabled cloud interface sponsored by the company.

Upstart Holdings Inc. (NASDAQ:UPST)

Upstart Holdings ended a two-day losing streak on Monday, adding 8.56 percent to close at $37.78 apiece as investor funds shifted anew to artificial intelligence stocks to mitigate risks from the escalating global trade tensions.

On the same day, UPST announced that it would release its first quarter performance on May 6, 2025. A copy of its earnings release and presentation will be available on its website after market close.

Founded in 2012, UPST operates as an AI lending marketplace and connects millions of consumers to more than 100 banks and credit unions that leverage its AI models and cloud applications to deliver credit products.

With Upstart AI’s models, lenders are able to approve more borrowers at lower rates. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar “relief” loans.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

This article is originally published at Insider Monkey.