Wall Street, Dow and Jerome Powell
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Palantir is growing rapidly thanks to its impressive AI tools. The stock has risen far faster than its revenue or earnings. Compared to Nvidia, Palantir has achieved valuations practically unheard of.
The Wall Street Journal slammed the raid of President Trump’s former national security adviser John Bolton’s home on Friday, labeling it a part of the president’s “vendetta
Wall Street saw the print as positive and bought shares accordingly. But analysts remain conflicted about the stock’s long-term outlook. Among the bulls, Benchmark Equity Research analyst Matthew Harrigan reiterated a Buy rating and a $102 price target on the stock, citing the uptake of the company’s artificial-intelligence offerings.
Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to interest rates.
The popular sports betting app will soon host event-based contracts linked to oil and gas prices, gold, the S&P 500 and more.
Lucid Group ( LCID -3.11%) stock soared 40% in value when the company announced its robotaxi partnership with Uber Technologies last month. The deal is transformative, with Uber agreeing to purchase 20,000 vehicles from Lucid as well as infuse $300 million in fresh cash into the business.
Jefferies’ shift has good intentions, but it takes more than tweaking pay to turn residents of a shark tank into a well-functioning school
CoreWeave stock was rising Thursday after the quantitative trading firm Jane Street Group disclosed a 5.4% stake in the artificial-intelligence infrastructure company.
And Wall Street analysts are worrying that we may be looking at the end of independent monetary policy. To say that Federal Reserve Chair Jerome Powell’s Jackson Hole speech will be “closely watched” tomorrow is an understatement.