Seeking Alpha Author Billy Duberstein joins Cheddar to discuss why he has a positive outlook on Lending Club, an online platform connecting borrowers and investors. Duberstein talks about challenges the company has faced in the past, and how it's adjusting internally
Lending Club went public in August of 2014 at $15 per share, but has dropped down to around $4 recently. Duberstein talks about highlights from its investor day on Thursday, December 7th.
He says Lending Club is three times bigger than Prosper, the second-biggest pure marketplace model, which is still private. Lending Club and Prosper are the oldest and have the most data. Other competitors that use their balance sheet are Discover, SunTrust, Lightstream, and Goldman Sachs' Marcus product, which are all growing, but still not as big as Lending Club.
Chris Versace, CIO at Tematica Research, joins to discuss earnings season trends, Flash PMI signals, Walmart’s strategy updates, and Nike’s evolving outlook.
Andrew Nusca, Editorial Director at Fortune, dives into WhatsApp’s first-ever ads rollout —and how Meta’s ad push intensifies its showdown with OpenAI.
Ben Geman, Energy Reporter at Axios, joins to discuss the latest Middle East tensions, Brent crude price swings, and why gas prices aren’t falling with oil.
Al Root, Associate Editor at Barron's, joins to discuss Tesla’s robotaxis going live in Texas—what it means for autonomy, safety, and the EV race ahead.
Dena Jalbert, M&A expert and CEO of Align Business Advisory Services, on the state of U.S. M&A: deals worth $1–$10 billion (including debt) are surging.
Jeremy Jansen, Head of Supply Chain at Wells Fargo, unpacks the ongoing trade talks between the United States and China as consumers still wonder about tariffs.
A group of Democratic Texas lawmakers is asking Elon Musk to delay his rollout of driverless ‘robotaxis’ in the state this weekend to assure the vehicles are safe enough.
