Latest in Palantir’s Shares Jump
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Palantir shares close up 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.Business - CNBC - November 5 -
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 -
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 -
Palantir jumps 11% to a record after announcing move to Nasdaq
Palantir's stock has been on a tear since the company's better-than-expected earnings report last week, which was a day before the U.S. presidential election.Business - CNBC - November 15 -
Amazon shares jump 6% after earnings beat
Amazon's latest upbeat results were driven by growth in cloud and digital advertising.Business - CNBC - November 1 -
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...Business - MarketWatch - November 7 -
Snap shares jump after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...Business - MarketWatch - October 30 -
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.Business - CNBC - October 29 -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - October 31 -
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.Business - CNBC - November 6 -
Yeti Shares Climb on Jump in Third-Quarter Cooler, Drinkware Sales
The maker of coolers and insulated drinkware expects to hit the high end of its earnings guidance for the year after posting a bigger profit and higher-than-estimated sales in the third quarter.Business - The Wall Street Journal - November 7 -
Nissan shares jump after activist investor takes stake
Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companiesWorld - Financial Times - November 12 -
Swiggy's Shares Jump in India's Second-Largest IPO This Year
Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.Business - The Wall Street Journal - November 13 -
The US consumer is fine (but no better)
Aggregates conceal a lotWorld - Financial Times - 4 days ago -
Sage shares surge 19% as UK software group launches buyback
Financial software provider announces plan for £400mn share buyback and raises dividendWorld - Financial Times - 4 days ago -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
Palantir is now worth $100 billion — and may be like Nvidia in one regard
Palantir is helping companies incorporate AI into their businesses — and one analyst says it’s succeeded “more than any company (not named Nvidia).”Business - MarketWatch - October 28 -
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 -
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 -
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 -
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 - November 15 -
Palantir becomes a ‘Trump trade’ as investors bet on higher defence spending
Peter Thiel-founded data company, whose biggest client is the US government, rises $23bn in value since electionWorld - Financial Times - 4 days ago -
NHS take-up of Palantir data platform rises despite hurdles
Figures released by NHS England show slower than hoped rollout of softwareWorld - Financial Times - 2 days ago -
Rising energy bills push inflation to highest for six months
Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.Top stories - BBC News - 4 days ago -
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 -
Airbnb misses on earnings but squeaks in a revenue beat
Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.Business - CNBC - November 7 -
Bitcoin, dollar and Tesla jump as investors pile into ‘Trump trades’
Markets expect US president-elect to take light-touch approach to regulationBusiness - Financial Times - November 11 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - November 4 -
Primark owner profits jump despite summer washout
It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.Top stories - BBC News - November 5 -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - November 5 -
DJT stock jumps as former president Trump wins election, then pulls back
Trump Media & Technology rose Wednesday morning after its majority shareholder, former President Donald Trump, declared victory.Business - MarketWatch - November 6 -
Tesla’s Stock Jumps After Trump’s Victory
Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.Tech - The New York Times - November 8 -
Prison stocks jump on expectations of more detentions
Shares of GEO Group and CoreCivic surged on Wednesday in expectation that President-elect Donald Trump’s administration will detain more immigrants in facilities run by the companies.Business - MarketWatch - November 6