Elon Musk says artificial intelligence is entering its fastest growth phase yet. Wall Street isn’t arguing with that. Instead, it’s asking a different question: Who will keep paying for it?In a post on X over the weekend, the Tesla, Inc. (NASDAQ:TSLA) and xAI CEO described AI as a “supersonic tsuna…
Mercury Systems Inc. (MRCY, Financials), the aerospace and defense electronics company, entered a strategic agreement with Palantir Technologies to automate material planning and factory operations supporting U.S. military programs.The relationship is financed by the U.S. government under the Trade…
Shares of Palantir (PLTR) and Mercury Systems (MRCY) rose in morning trade on Monday after the companies announced a strategic partnership aimed at improving manufacturing efficiency for U.S. defense programs.This marks another move deeper into the defense sector for Palantir, which is scheduled to…
Shares of Palantir Technologies, Inc. rose 1.5% in overnight trading ahead of Monday, as investors brace for second-quarter financial results from the AI data analytics company against a backdrop that is anything but straightforward.Although Palantir has issued strong results in the last several qu…
Data analytics company Palantir Technologies NASDAQ:PLTR will be reporting earnings this Monday after market close. Here’s what to look for.Palantir Technologies beat analysts’ revenue expectations last quarter, reporting revenues of $1.63 billion, up 84.7% year on year. It was a stunning quarter f…
Palantir Technologies NASDAQ:PLTR CEO Alex Karp defended Anthropic CEO Dario Amodei while criticizing the broader AI industry during a company-wide meeting on Friday.Karp said Amodei does not match the public image that some Americans may have of him. His comments came as Karp continued to argue th…
Palantir (PLTR, Financials), the artificial intelligence and data analytics software company, is expected to report second-quarter revenue growth of more than 80% as demand for its AI and defense products remains strong. Wall Street expects earnings of 35 cents per share on revenue of $1.81 billion…
Palantir Technologies NASDAQ:PLTR heads into second-quarter earnings with expectations set exceptionally high, as Wall Street looks for revenue growth above 80% and evidence that surging defence and artificial-intelligence demand can justify the stock's premium expectations. Analysts forecast adjus…
Michael Burry (Trades, Portfolio) expanded several positions and increased his bearish exposure to artificial intelligence and semiconductor stocks in his latest portfolio update.Burry added to his Nvidia NASDAQ:NVDA put options and increased his short position in Micron Technology (MU). He also ex…
Palantir NASDAQ:PLTR is expected to comfortably beat second-quarter estimates and raise its full-year outlook when it reports results on Monday, August 3, according to Oppenheimer.The firm expects revenue to jump 85% year over year, ahead of Palantir's 79% guidance midpoint. Oppenheimer also believ…
Palantir Technologies NASDAQ:PLTR shares rose 5% Monday after Oppenheimer reaffirmed its Outperform rating and maintained a $200 price target ahead of the company's second-quarter earnings report.Oppenheimer said Palantir could exceed second-quarter revenue expectations and raise its full-year outl…
Michael Burry (Trades, Portfolio) has increased his bearish bets against several major chip stocks while keeping his existing short positions in Tesla NASDAQ:TSLA and Palantir NASDAQ:PLTR.The Big Short investor said he sold short additional shares of Micron NASDAQ:MU at $933.86 and added to his Nvi…
"The Big Short" investor Michael Burry (Trades, Portfolio) has reshaped parts of his portfolio by increasing several bearish positions in semiconductor-related assets while leaving his existing short positions in Tesla NASDAQ:TSLA and Palantir Technologies NASDAQ:PLTR intact, according to comments…
Nvidia NASDAQ:NVDA, Microsoft NASDAQ:MSFT, Meta Platforms (META) and Palantir Technologies NASDAQ:PLTR joined more than 20 technology companies in urging U.S. policymakers to avoid imposing early restrictions on open-weight artificial intelligence models.The companies said open-weight AI models, wh…
Palantir Technologies NASDAQ:PLTR shares fell about 4% on Wednesday as investors weighed valuation concerns, recent insider stock sales and a cautious backdrop for AI software companies ahead of the company's second-quarter earnings report.The decline came as Palantir Technologies prepares to repor…
President Xi Jinping has called for China to play a larger role in shaping global artificial intelligence rules as Chinese AI models gain significant traction among American companies. Speaking at the World AI Conference in Shanghai, Xi emphasized that AI should remain controllable by humans while…
FN Media Group Presents Oilprice.com Market CommentaryNEW YORK, July 10, 2026 /CNW/ -- Every great economic era has been defined by a fight over a single resource. In the 19th century, it was coal, and the British Empire was built on top of it. In the 20th century, it was oil, and the modern Middle…
Rackspace Technology (RXT) plunged about 25% Thursday after cutting its FY26 outlook and announcing plans for a $250 million stock offering, overshadowing an expanded AI partnership with Palantir NASDAQ:PLTR.Rackspace now expects FY26 revenue of $2.45 billion to $2.55 billion, down from $2.6 billio…
Palantir and Rackspace execute a definitive agreement establishing operating framework to deploy Palantir Foundry and AIP in mid-market, regulated and sovereign environments, naming Rackspace a preferred partnerSAN ANTONIO and MIAMI, July 09, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® NASDAQ:RX…
Palantir Technologies NASDAQ:PLTR led a slide in enterprise software stocks Wednesday as the broader market weakened after the U.S.-Iran truce broke down.Palantir fell 4%, reversing part of its late-June momentum tied to a Nvidia NASDAQ:NVDA deal to run AI and Nemotron models in sovereign environme…
