News with the tag "palantir"

The Palantir Technologies stock (PLTR) value took a significant hit on Wednesday, dropping 12.9% within just a few hours. Interestingly, the Palantir stock price opened at $123.86 but declined to a low of $108.56 before recovering significantly to $112.06. However, this drop was not unexpected; a se...

Many crypto stocks may continue doing well this year as Wall Street investors have started to buy Bitcoin and its ETFs. One of these Wall Street billionaires is Paul Tudor Jones, who has added into his iShares Bitcoin ETF (IBIT) holdings. This article explores some of the best crypto shares to buy f...

DOGE has made mistakes in its attempts to change how the government spends money. Elon Musk has acknowledged this. However, according to investor and Palantir co-founder Joe Lonsdale, DOGE has done more good than harm. He asserted that in 20 days, the agency has done what couldn’t be done in multipl...

U.S. tech stocks lagged on Monday due to massive sell-offs by retail investors, further dragging down the Nasdaq Composite. A CNBC report noted that investors were selling the major tech stocks holding up the bull market, including Nvidia and Palantir shares. The report further outlined that of the ...

Wall Street remained bullish on the S&P 500, as the rally above $6K put the index up nearly 2% YTD. The S&P 500’s Price-to-Book (P/B) ratio hit a record ~5.3x, exceeding the historic March 2000 high. The Kobeissi Letter disclosed that the P/B ratio had nearly doubled over the past 5 years and has si...

Billionaire Stanley Druckenmiller is exploring new opportunities after dumping more than $2.5 billion in stocks. The famed investor and head of Duquesne Family Office sold all of the firm’s shares of Nvidia (NVDA) last year, along with nearly all of the firm’s stake in Palantir (PLTR). Now, Druckenm...

Anthropic’s AI model will be integrated into one of Palantir’s data systems, which is authorized to contain “secrets” critical to US national security.

Meta said sharing open-sourcing AI tech within the US and to its allies will play a role in helping it preserve their “technological edge” over China and other competitors.

Over two-thirds of the S&P 500 have released their earnings for this quarter, but heavy hitters like Palantir, Qualcomm, and Super Micro Computer are still on the list. Among these, Palantir stands out. It’s been on fire, rising over 140% this year, with its AI software demand driving significant mo...

Palantir Technologies Inc. has secured a five-year contract worth $99.8 million to enhance access to its AI targeting tools for U.S. military personnel.