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Why Shares of Upstart Holdings Rallied 36% in May

Upstart Holdings (NASDAQ: UPST) stock rose 36% in May, according to data provided by S&P Global Market Intelligence. Based in San Mateo, California, and founded by ex-employees of Alphabet's Google (NASDAQ: GOOG) (NASDAQ: GOOGL), Upstart is a lending platform that uses artificial intelligence to estimate what it calls "true risk" for anyone taking out a consumer loan. It works with financial institutions, essentially acting as the technology middleman between people buying and selling loans to one another. Read More...

MarketWatch

This man became financially independent at 36 and says the key to happiness is ‘owning your own time’

The 39-year-old landlord, who was born and raised in Toronto, Canada, reached $1 million Canadian dollars, or approximately US$791,000, in 2019, though he felt he had reached financial independence even sooner. Chad found the FIRE Movement, made it to $1 million CAD before 40, and became a firefighter and sheepherder along the way. The former network administrator and his partner, Catherine, who is a Ph.D. student and research coordinator, save between 50% and 80% of their income every year and live off of $27,000 in annual expenses.

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