Why the Fed wants corporate America to have a hiring freeze: Morning Brief

Motley Fool

Is Upstart’s Stock a Buy After Crashing This Week?

At Tuesday’s prices, the tech-heavy Nasdaq Composite was down almost 25% in 2022, and many individual stocks have fallen much more than that. The company’s disappointing guidance reflected the macroeconomic uncertainty for the coming year, yet it might be getting oversold right now. At Wednesday morning’s prices, the stock was down about 80% year to date, which potentially gives investors a major discount if it can survive this tough economic environment.