Latest in Palantir’s stock surges as AI drives a further acceleration in growth
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Palantir’s stock surges as AI drives a further acceleration in growth
Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”Business - MarketWatch - November 5 -
Nvidia earnings will drive stocks tied to AI’s growth. Here’s what to look for.
AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.Business - MarketWatch - Yesterday -
Disney stock surges on streaming growth, guidance
Revenue for Disney's entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.Business - CNBC - November 14 -
Pearson Underlying Sales Rise, Plans Further Growth Through AI
Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...Business - The Wall Street Journal - October 29 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
SoFi’s stock set to extend surge — and this is what’s driving recent optimism
LendingClub’s improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.Business - MarketWatch - October 25 -
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.Business - MarketWatch - November 8 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - 6 days ago -
Palantir shares surge on rosy revenue outlook
Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.Business - CNBC - November 4 -
Lumen reveals latest numbers around AI deals, and stock leaps higher
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - November 6 -
Lonza Sees Accelerating Sales Growth in Final Quarter
The Swiss life-sciences company said it expected accelerated sales growth in the fourth quarter on the back of the timing of product releases and the ramp-up of its new acquired manufacturing ...Business - The Wall Street Journal - October 24 -
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.Business - The Wall Street Journal - October 29 -
Rocket Lab stock surges almost 30% to near all-time high after company's Q3 results
Rocket Lab jumped in trading after the company reported third-quarter results.Business - CNBC - November 13 -
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Networking company sees a 20% boost in product orders for the latest quarter.Business - MarketWatch - November 14 -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - November 4 -
Anthropic, Amazon, and Palantir Team Up to Bring AI to the Defense Department
Government workers will be able to sift through classified information up to the ‘secret’ level using AI.Business - Inc. - November 8 -
One of our stocks is holding back the Dow as the S&P 500 and Nasdaq bounce back
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 24 -
Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation
A Jefferies analyst thinks Palantir’s large base of retail-investor support “is a double-edged sword.”Business - MarketWatch - November 7 -
Palantir’s stock is moving to the Nasdaq. Why investors are cheering the move.
The change positions Palantir for entry into the Nasdaq 100 index, after it joined the S&P 500 several months back.Business - MarketWatch - 6 days ago -
Auto-enrolment drives surge in ‘lost’ UK pensions
£31bn sitting in unclaimed, inactive or lost savings potsBusiness - Financial Times - October 24 -
London drives surge in UK rental costs
Rents soar in October on back of high demand and pre-Budget landlord salesWorld - Financial Times - Yesterday -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
ServiceNow rolls out enterprise AI governance capabilities to accelerate production deployment
ServiceNow is looking to solve a key enterprise AI adoption challenge, with the debut of new governance capabilities to give organizations more confidence in AI outcomes.Tech - VentureBeat - November 13 -
Nvidia accelerates Google quantum AI design with quantum physics simulation
Nvidia it is working with Google Quantum AI to accelerate the design of its next-generation quantum computing devices using simulations powered by Nvidia.Tech - VentureBeat - 2 days ago -
Microsoft supercharges Fabric with new data tools to accelerate enterprise AI workflows
At Ignite, Microsoft shared several new enhancements for Fabric, setting up the platform as the unified data layer for next-gen AI apps.Tech - VentureBeat - 2 days ago -
Stock market surges on Election Day
Major stock indexes and large tech firms showed gains on Tuesday.Top stories - ABC News - November 5 -
Palantir’s stock soars as earnings make at least one bear rethink his view
A Morgan Stanley analyst strips his “underweight” rating as Palantir’s latest results go against three elements of his prior bearish stance.Business - MarketWatch - November 5 -
Drive Growth With SEO: 3 Tips for Small-Business Owners
Why a solid SEO strategy sets successful online businesses apart—and how to develop one.Business - Inc. - November 7 -
Nvidia must show Blackwell chip can drive growth in earnings report
Nvidia is on a historic run as its GPU chips are the technology industry's tool of choice for making and deploying generative artificial intelligence software.Business - CNBC - 2 days ago -
Trump’s victory drives surge in US students seeking courses abroad
Election spurs research for colleges from the UK to CanadaBusiness - Financial Times - November 10 -
A Surge of New Restaurants Drives New York City’s Storefront Revival
Store vacancy rates are still above prepandemic levels, but new food and drink businesses, led by Mexican, Japanese and Caribbean kitchens, have helped fill the void.Top stories - The New York Times - 6 days ago -
Cramer says 'so many things are working' in the market. Here are a few bright spots
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - November 8 -
Phunware narrows quarterly loss amid revenue decline, and stock sinks further
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - November 8 -
SoFi’s stock climbs, with these twin engines carrying the rally further
Upstart’s upbeat lending results could be giving SoFi investors more optimism, according to a Mizuho analyst.Business - MarketWatch - November 8 -
Rallying bank stocks have further room to run, analyst says
Hovde’s Feddie Strickland sees additional gains despite rally ‘if history serves as a guide.Business - MarketWatch - November 11 -
Super Micro’s stock falls further as it faces new hurdle with filing deadlines
The server maker disclosed it will be late with its quarterly filing in addition to its past annual one. Super Micro also said it needs additional time to find a new auditor.Business - MarketWatch - November 13 -
Trump Media Stock Surges on Election Result
Shares in Trump Media were among the most actively traded in the United States after the election was called.Business - The New York Times - November 8