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Palantir stock has surged 41% year to date, outperforming the Nasdaq Composite and its Magnificent Seven peers. Strong financial results, including a 52% increase in US revenue in the fourth quarter, have fueled the stock's rally. Despite its premium valuation, analysts remain divided on Palantir's long-term prospects.
Published on: February 06, 2025, 06:02 PM UTC
Arm Holdings issues cautious revenue forecast amid concerns over slowing AI spending, with revenue expected to be $1.18 billion to $1.28 billion in the fiscal fourth quarter.
Published on: February 06, 2025, 04:04 PM UTC
Elon Musk's legal battle with OpenAI CEO Sam Altman over the future of the AI research company could last until 2027, as per a California federal district judge.
Published on: February 06, 2025, 04:03 PM UTC
The labor market remains stable, with low unemployment and high job openings. However, inflation and Trump's tariff policy could pose threats to the labor market in the future.
Published on: February 06, 2025, 04:03 PM UTC
Ford CEO warns of 'huge impact' on industry, job losses if auto tariffs are implemented
Published on: February 06, 2025, 04:02 PM UTC
Honeywell (HON) to Split into Three Companies: Automation, Aerospace, and Advanced Materials
Published on: February 06, 2025, 04:02 PM UTC
Tapestry's record holiday quarter and strong Coach sales drive a 15% stock surge and raised guidance, with Tapestry seeing full-year EPS of $4.85 to $4.90 and revenue of $6.85 billion.
Published on: February 06, 2025, 04:01 PM UTC
Peloton shares surged after the exercise equipment company reported better-than-expected revenue and adjusted earnings. Its forecast for adjusted EBITDA for the third quarter and full year also topped estimates.
Published on: February 06, 2025, 04:01 PM UTC
Jamieson Greer, President Trump's nominee for US trade representative, says he would use trade policy to revitalize manufacturing and counter global volatility.
Published on: February 06, 2025, 04:00 PM UTC
Ford CEO Jim Farley calls for fair tariffs, highlighting that Hyundai and Toyota import vehicles without tariffs while Ford faces them on imports from Mexico and Canada.
Published on: February 06, 2025, 04:00 PM UTC