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.
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
Hayley Berg, Hopper’s lead economist, previews soaring summer 2025 travel: record international flights, cheaper fares for Europe & Asia, plus booking hacks.
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
