Wedbush analyst Daniel Ives said this was another win for the company as more federal customers turn to Palantir for improved AI capabilities in the military.
Among tech stocks, some "smid-cap" artificial intelligence names have attracted strong bearish bets, with the fluid macro and geopolitical conditions partly to be blamed.
Citi said Nvidia can partially pass down the increased GPU cost that may emanate from the trade war, given its technology leadership and AI GPU price in-elasticity.
SSI’s new funding round, led by Greenoaks, valued the company at around $32 billion.
In a groundbreaking move poised to reshape financial analysis, %Bloomberg has unveiled its new %AI powered Document Insights tool—an innovation that leverages generative artificial intelligence to revolutionize...
Super Micro’s resilient comeback was fueled by a reversal in sentiment toward tech stocks, especially semiconductor and communication services stocks.
The Department of Defense’s move to cut costs exerted downward pressure on Palantir stock even before President Donald Trump’s tariffs hit the market hard.
The brokerage warned that semiconductor stocks could see at least a 20% additional downside if the tariffs trigger a recession.
According to a report by the Financial Times, some industry insiders speculate that the U.S. government may eventually pressure TSMC to support struggling domestic manufacturers like Intel.
CoreWeave’s IPO was marred by weak stock market conditions and the uncertain economic outlook, which forced the company to downsize the size of the public offering to 37.5 million shares from the initially...