GreedyAgorist
1 week ago
Cathy selling winners again: Tesla, Rocket Lab, Palantir all having had huges rallies lately. Rebalancing? Wish I had grabbed more RKLB, not less. If she is a counter-signal, should we be selling Amazon and AMD short?
: - ) I don’t sell things short, but … I could take a flyer on a put.
Speaking of flyers, Archer dipped this morning. I thought she had some of that. No profit-taking yet on that one?
double_m
1 week ago
On November 14, 2024, Palantir Technologies Inc. (the “Company”), acting pursuant to authorization from its board of directors, notified the New York Stock Exchange of its intention to voluntarily withdraw the listing of its Class A common stock (the “Class A Common Stock”), from the NYSE and transfer the listing to The Nasdaq Stock Market LLC (“Nasdaq”).
The Company expects that listing and trading of its Class A Common Stock on the NYSE will end at market close on November 25, 2024 and that trading will begin on Nasdaq at market open on November 26, 2024.
Oleblue
2 weeks ago
A lot of news articles today:
This AI Powerhouse's Blowout Earnings Leave Even Nvidia In Second Place
VIDYA RAMAKRISHNAN
08:00 AM ET 11/22/2024
What if a company reports a spectacular quarter of earnings but it turns out to be a one-off performance?
Sure, each quarter's earnings matter a lot to the stock market. But you also want to see a strong trend, with stocks that consistently show great profit gains, quarter after quarter. Those steady and strong quarterly gains add up to strong annual earnings.
https://www.investors.com/how-to-invest/investors-corner/stock-market-earnings-growth-nvidia-palantir-stock/?src=A00220
'Daddy's Home' – Palantir Creates Two New Billionaires After Trump's Win. Both Own Less Than 2% Stock And Are Thiel's Favorites
Adrian Volenik
Fri, November 22, 2024 at 12:45 PM EST
Donald Trump is back and so is the boom for Palantir (NYSE:PLTR) – and a couple of its early founders are reaping the benefits. Joe Lonsdale and Stephen Cohen, Peter Thiel’s close associates, joined the billionaire club thanks to a massive rise in Palantir’s stock value following Trump's reelection. They own only a small slice of the company – less than 2% each – but it’s more than enough to make them new billionaires.
https://finance.yahoo.com/news/daddys-home-palantir-creates-two-174539369.html
Goldman Sachs: Palantir Technologies Inc. (PLTR) Is A Top AI Growth Investor Stock
Ramish Cheema
Fri, November 22, 2024 at 7:23 AM EST
We recently made a list of Goldman Sachs’ Top Growth Investors: 34 Stocks With The Highest Investment For Growth. In this piece, we will look at where Palantir Technologies Inc. (NYSE:PLTR) ranks on the list.
With the 2024 US Presidential Election having come to a close, Wall Street can now focus on the future of artificial intelligence, the Federal Reserve’s interest rate cut cycle, and an economy with lower inflation. As was the case during the coronavirus pandemic when historically low interest rates propelled markets to new highs only to come crashing when rates were hiked in 2022, the shifts that are currently taking place should also affect investors for the next couple of years at the very least.
Naturally, this merits a look at what professional analysts are projecting about the future. On this front, investment bank Goldman Sachs recently updated its long-term forecasts for the US stock market. In a research report titled ‘Global Strategy Paper No. 71, the bank outlined that the upgrade is necessary due to market concentration. This ‘concentration’ refers to roaring investor interest in large and mega-cap stocks primarily due to enthusiasm surrounding artificial intelligence.
Since the biggest technology companies are also the heaviest investors in AI, market returns have also focused on them. As an illustration, consider the performance of the flagship S&P index which is up 30.64% over the past twelve months. Now, consider the performances of Wall Street’s top AI GPU stock, the software company behind Windows, the social networking giant that owns Facebook, Jeff Bezos’ eCommerce company, and the world’s leading search engine provider. Their shares have gained roughly 192.21%, 12.66%, 69.01%, 42.44%, and 27.63% over the same period. Consequently, most mega-cap stocks have driven the market in returns.
https://finance.yahoo.com/news/goldman-sachs-palantir-technologies-inc-122327412.html
Billionaire Ray Dalio Increased Bridgewater's Stake in Palantir by More Than 500% and Completely Exited His Position in a Premier Media Stock
Sean Williams, The Motley Fool
Fri, November 22, 2024 at 4:51 AM EST
Investors rarely have to hunt for clues about the health of corporate America during earnings season. For a period of six weeks each quarter, a majority of Wall Street's most-influential businesses lift their proverbial hoods for investors.
But what you might not realize is that one of the most important data releases of the fourth quarter occurred last week during the heart of earnings season. On Nov. 14, institutional investors with at least $100 million in assets under management (AUM) were required to file Form 13F with the Securities and Exchange Commission. A 13F is the filing that breaks down which stocks Wall Street's top money managers bought and sold in the latest quarter (in this case, the September-ended quarter).
https://finance.yahoo.com/news/billionaire-ray-dalio-increased-bridgewaters-095100425.html