Core Insights - AI stocks have rebounded in May after a decline in April, with companies like Nvidia nearing all-time highs and Palantir setting a new record [1][2] Group 1: AI Market Overview - Investors are shifting focus back to the AI boom, with major tech firms investing tens of billions into new data centers for AI programs [2] - Despite the recovery, some AI stocks remain undervalued, presenting potential buying opportunities [2] Group 2: Amplitude - Amplitude, a software-as-a-service company specializing in product analytics, has seen a slowdown after its pandemic-driven growth [4] - The company has enhanced its platform to include tools for customer insights, such as guides, surveys, and session replay features [5] - On June 10, Amplitude will launch AI agents to provide insights and suggest improvements for customers, potentially increasing its market share against competitors like Google Analytics and Adobe Analytics [6][7] - Amplitude's market cap is currently $1.6 billion, and the stock is down 85% from its all-time high [7] Group 3: Upstart - Upstart, which experienced a surge in 2021, faced challenges due to rising interest rates and recession fears, impacting its credit platform [8] - The company's latest AI model, Model 18, enhances credit risk assessment, resulting in fewer defaults and higher approval rates [9] - Financial results show a 67% revenue increase to $213 million in Q1, with adjusted EBITDA of $42.6 million, a significant improvement from a loss a year ago [10] - Upstart is expanding into the auto and home loan markets, with auto loan origination growing fivefold and home loan originations increasing sixfold year-over-year [11] - The stock is down 44% from its 52-week high and 87% from its all-time peak, but AI-driven improvements suggest it may be a smart investment [12]

Investors came in to Upstart's (UPST 5.53%) first-quarter earnings report hoping the company would maintain its momentum from the end of last year.Its growth has accelerated thanks to a new artificial intelligence (AI) model, Model 18 or M18, that has significantly improved its conversion rate thanks to an even broader prediction set that includes approximately 1 million predictions per applicant, or six times its prior model.With those tailwinds behind it, Upstart's results in Q1 did not disappoint. Revenu ...