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Finance News — Page 133

Palantir surges 29.5% on AI sovereignty demand

Palantir surges 29.5% on AI sovereignty demand

Palantir shares jumped 29.5% after the enterprise software firm reported Q2 revenue of $1.94 billion—up 93% year-over-year—crediting surging demand for AI sovereignty tools that let companies keep dat

CNBC · 2mo ago
McDonald's taps Skye Anderson as U.S. sales miss estimates

McDonald's taps Skye Anderson as U.S. sales miss estimates

McDonald's missed Wall Street revenue estimates in Q2 as U.S. same-store sales growth slowed to 0.8% and traffic declined, prompting the chain to install longtime operator Skye Anderson as president o

CNBC · 2mo ago
Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advances

Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advances

Bitcoin climbed back toward $64,000 as markets absorbed a $114 million Coldcard wallet firmware exploit and Strategy's third BTC sale of the year, while Cardano's ADA surged 24% on the week to become

CoinDesk · 2mo ago
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Palantir Jumps 20% on 'Otherworldly' Quarter

Palantir shares rallied 20% after the data analytics firm posted what outlets called an 'otherworldly' quarter, fueled by surging US commercial revenue and an improved forward forecast.

Google News Business · 2mo ago
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Stock Futures Rise, Palantir Soars, Dow Hits Record

U.S. stock futures rose across major indexes as Palantir led tech shares higher, the Dow hit a record, and oil prices ticked up amid the ongoing earnings season.

Google News Business · 2mo ago
Tech giant Palantir posts ‘otherworldly’ growth despite criticism over Gaza

Tech giant Palantir posts ‘otherworldly’ growth despite criticism over Gaza

Palantir posted 93% year-over-year Q2 revenue growth to $1.94bn and raised its annual forecast, sending shares up 14% as CEO Alex Karp called the quarter 'otherworldly' despite mounting criticism over

Al Jazeera · 2mo ago
Truth API charges $1.2M for millisecond Trump post feeds

Truth API charges $1.2M for millisecond Trump post feeds

Trump Media launched Truth API on August 1, charging Wall Street firms up to $1.2 million per year for millisecond-speed access to President Trump's Truth Social posts, which have repeatedly moved glo

Axios · 2mo ago
Apotex a ‘standout’ stock since IPO despite Trump tariff threat, analysts say

Apotex a ‘standout’ stock since IPO despite Trump tariff threat, analysts say

Apotex Health Corp. shares trade roughly 30% above their June IPO debut, with analysts calling the stock a standout among Canadian healthcare listings even as the U.S. prepares tariffs of 100% or more

Globe and Mail Business · 2mo ago
SpaceX Earnings Debut: Musk Faces Tough Qs as Stock Hits Low

SpaceX Earnings Debut: Musk Faces Tough Qs as Stock Hits Low

SpaceX will deliver its first-ever earnings report as a public company, with Musk bracing for tough analyst questions as the stock has slumped to a new all-time low.

Google News Business · 2mo ago
S&P 500 Nears Record as Trump Claims Iran Talks — Tehran Denies

S&P 500 Nears Record as Trump Claims Iran Talks — Tehran Denies

US stocks surged to within a whisker of their all-time peaks while oil prices dropped sharply, as markets rallied on President Trump's claim that negotiations with Iran were underway — a claim Tehran

Al Jazeera · 2mo ago
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Stocks Mixed, Oil Rises Amid Iran Tensions

Global stocks traded mixed-to-higher despite Iran tensions, with oil climbing and the yen easing, as Seoul stabilized and a Wall Street rally lifted sentiment — though Bloomberg flagged a painful stre

Google News Business · 2mo ago
Asia Stocks Drop 0.7% as Kospi Swings Wildly

Asia Stocks Drop 0.7% as Kospi Swings Wildly

Asian equities opened lower as MSCI's Asia Pacific gauge dropped 0.7% and South Korea's Kospi swung from a 2.1% intraday gain to a 1.1% loss, underscoring volatility around the AI trade.

Google News Business · 2mo ago
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Marvell Stock Halved as Margins Keep Climbing

Marvell Technology's stock has been cut roughly in half from its highs and continued sliding Monday, even as analysts highlight climbing operating margins and fading key risks that suggest the selloff

Google News Business · 2mo ago
Tech stocks today: Microsoft, Amazon jump after last week's strong earnings - Yahoo Finance

Tech stocks today: Microsoft, Amazon jump after last week's strong earnings - Yahoo Finance

Microsoft and Amazon surged after strong earnings, adding a combined $1.04 trillion in market cap over two days while Apple and Meta Platforms shed $510 billion in a sharp intra-Big-Tech rotation.

Google News Business · 2mo ago
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Micron Drops 3% as Apple Tests Chinese CXMT Chips

Micron shares slid 3% on Monday after reports surfaced that Apple is testing memory chips from China's ChangXin Memory Technologies, a rising DRAM rival planning a major capacity expansion in Beijing.

Google News Business · 2mo ago
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The Dow Adds 560 Points as Oil Prices Fall Off a Cliff - fool.com

Oil prices cratered and the Dow jumped 560 points after Trump called off a planned attack on Iran, though Goldman Sachs projects Brent crude will stay in the $80-$90 range until either a US-Iran deal

Google News Business · 2mo ago
XRP Holders Borrow RLUSD on Ethereum via FXRP Collateral

XRP Holders Borrow RLUSD on Ethereum via FXRP Collateral

XRP holders can now borrow Ripple's RLUSD stablecoin on Ethereum without selling their tokens after Flare's FXRP was approved as collateral in Sentora's RLUSD Main vault on Morpho, the first instituti

Decrypt · 2mo ago
Amazon Hits $3 Trillion Market Cap on Cloud Earnings

Amazon Hits $3 Trillion Market Cap on Cloud Earnings

Amazon's market capitalization crossed $3 trillion after its Q2 cloud earnings, joining a small group of companies to ever reach that valuation threshold.

Google News Business · 2mo ago
Tom Lee’s Bitmine Buys More Ethereum, Adds to Stock Buyback

Tom Lee’s Bitmine Buys More Ethereum, Adds to Stock Buyback

Bitmine Immersion Technologies, chaired by Tom Lee, bought another 10,399 ETH last week and repurchased 4.5 million shares under its $4 billion buyback program, extending its position as the world's l

Decrypt · 2mo ago
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Bank of America: Fed Chair Warsh Losing Credibility

Bank of America is warning that Federal Reserve Chair Kevin Warsh's dovish press conference after a 9-3 rate-hold vote triggered market reactions typical of a central-bank credibility shock, with inve

Google News Business · 2mo ago

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