Artificial intelligence predicts that Palantir Technologies (NYSE:PLTR) stock will move higher. Plus, a well-known fund manager likes Palantir Technologies’ future prospects. However, you have to make your own financial decisions If you’re a value-focused investor, then you’ll probably want to wait before taking a share position in Palantir Technologies. Headquartered in Colorado, Palantir Technologies is provides
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The S&P 500 index was on the cusp of 4,500 on Thursday as U.S. stocks climbed for a fourth day, led by technology stocks, and traded at fresh 15-month highs following data showing June producer price inflation slowed further, bolstering the chances that the Federal Reserve is near the end of its campaign of interest-rate
Many people view hydrogen as the power source of the future because it emits no greenhouse gases when burned. The only waste produced is water vapor, making it among the cleanest energy sources available. So, it’s much cleaner than fossil fuels such as crude oil, natural gas, and coal. Companies around the world are working
Shares of Chinese internet platform companies jumped in Hong Kong Thursday as investors welcomed Beijing’s latest signal supporting the sector. Food delivery company Meituan 3690, +5.03% rose as much as 6.4% and was last 5.7% higher. Video streaming platform Bilibili Inc. BILI, +7.74% 9626, +6.14% jumped 8.1% and short-video app operator Kuaishou Technology 1024, +6.40%
Spurred in part by analysts (like me) “discovering” it, Li Auto (NASDAQ:LI) stock is one of China’s hottest 2023 plays. Since the start of this year, shares in Li are up 75%, five times more than the S&P 500. Investors now pay over six times revenue for a company that has yet to make a
The U.S. dollar fell Wednesday after the consumer-price index for June showed the rate of inflation slowing to the lowest level since 2021. The ICE U.S. Dollar Index DXY, -1.09%, a measure of the currency against a basket of six major rivals, fell to 100.58 on Wednesday, on pace for the lowest level since April
It’s certainly not difficult to find folks who are super-bullish on Nvidia (NASDAQ:NVDA) as a purveyor of hardware for artificial intelligence (AI) applications. However, at least one well-known investor is signaling caution on NVDA stock, which appears to be over-hyped and overpriced. As we’ll see, the investor I’m referring to is concerned about Nvidia and about
By James Glynn SYDNEY–The Reserve Bank of New Zealand left interest rates unchanged at its policy meeting on Wednesday but warned that policy settings will need to remain tight for some time yet. The official cash rate was left on hold at 5.5%, its highest level in 14 years, as widely expected. The RBNZ had
After a swift rally in SoFi Technologies (NASDAQ:SOFI) stock, a pullback ensued but caution is still advised. Recent developments pertaining to student loan repayments, and the benefits that SoFi Technologies will gain, were already anticipated and factored into the SoFi Technologies share price. So, don’t be surprised if the shares decline to $6 in the coming
Shares of Activision Blizzard Inc. surged Tuesday after a federal judge denied the Federal Trade Commission’s injunction blocking Microsoft Corp.’s acquisition the videogame publisher, but U.K. concerns must be addressed before the deal closes. In a Tuesday opinion, U.S. District Court Judge Jacqueline Scott Corley said the FTC did not show “this particular vertical merger
Microsoft Corp. will cut more jobs, in addition to the 10,000 layoffs announced earlier this year. GeekWire first reported that a new round of cuts was announced Monday, targeting employees in customer service, support and sales. The number of layoffs was not revealed, but a filing with Washington state’s Employment Security Department said 276 workers
This article is reprinted by permission from . Michael Zwick heard a story from an old friend whose wife had been a home healthcare nurse. One of her patients had taken a liking to her and left her some money in his will when he died. But it took some time for the estate’s attorney to
It’s being called the “Twitter Killer.” Meta’s Threads aims to be a happier, warmer alternative to other microblogging sites. But what will yet another social-media platform do to the rest of us? Threads is on track to soon cross 100 million users, according to an analysis by Search Engine Journal, based on the number of
Taylor Swift earned $92 million in 2022, making her one of the top-paid entertainers in the world, according to Forbes. But that’s just a fraction of what she could take home in 2023. Swift’s earnings in 2022 included sales from her album “Midnights,” released that year, plus royalties from previous albums. But Swift didn’t hit
With economic numbers reaching higher numbers than expected, there is a high chance of several companies seeing much better days ahead. Inflation is slowly coming in control and the Fed has paused the rate hike. The fears of a near-term recession is slowly coming to an end. This means the stock market could pick pace
During the recovery from the pandemic several workplace catchphrases generated buzz, including quiet quitting, great resignation, and hybrid work. Expressions like these in the aggregate reflect a much larger conversation rethinking work, purpose, and the good life in the postpandemic economy. I’d like to throw another term into the mix that I hope will gather
It’s tempting to just succumb to the overwhelmingly positive sentiment surrounding Apple (NASDAQ:AAPL) stock and just give it an “A” rating. Yet, we’re assigning the stock a “B” grade for now, because of potential issues concerning Apple’s smartphone sales. Of course, we’re not detracting from Apple’s achievements. The company is among a handful of big-tech names leading
Social Security, the government pension plan that helps to support $67 million Americans, weathered the pandemic with less of a financial hit than expected, but some beneficiaries still struggled with their benefits through the crisis, a new report found. Beneficiaries still got their checks, but Social Security office closures and a transition to remote work
If June is any indication, the appetite for initial public offerings (IPOs) appears to be heating up. Cava (NYSE:CAVA) went public on June 15, selling 14.4 million shares and raising nearly $318 million in the process; it had the best IPO opening since July 2022, suggesting the current environment for companies to go public could
Happy Friday MarketWatchers, The holiday-shortened week was certainly full of retirement news. Here are some of our highlights: For military families there’s a short window in which veterans can change their spousal survivor benefits so their spouse or children can receive a pension after the retiree dies — it’s the first, and for now only,
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