Palantir Soars on Blowout Earnings, Defying AI Slowdown Fears
Shares of the data analytics firm surged after it posted record revenue and issued ambitious 2026 guidance, signaling its AI platform is driving explosive commercial growth.
Shares of the data analytics firm surged after it posted record revenue and issued ambitious 2026 guidance, signaling its AI platform is driving explosive commercial growth.
CNBC's Jim Cramer, while reaffirming his past success with Flowserve, suggested investors might find better opportunities elsewhere in the industrial sector, specifically naming Dover Corporation.
Food distribution giant Sysco saw shares jump nearly 11% after reporting better-than-expected quarterly results, prompting CNBC's Jim Cramer to highlight the stock as undervalued amid a broader market rally.
Medical device maker Establishment Labs Holdings Inc. (ESTA) is on a path to reach breakeven by 2027, according to analyst consensus, despite current losses and a high debt load. The company's projected growth rate highlights both its potential and the risks in the competitive aesthetics market.
The head of a major US auto parts supplier, following its acquisition of Britain's GKN Automotive, cautions that European nations must implement protective policies or face severe job losses as affordable Chinese electric vehicles reshape the market.
The Department of Defense has issued an ultimatum to Scouting America, demanding a rollback of its diversity, equity, and inclusion initiatives as a condition for continued federal partnership, framing the move as a return to 'core values.'
A flurry of strategic developments, including key permits and a major Saudi joint venture, propelled the mining developer's valuation past $1.5 billion, positioning it as a potential challenger to China's rare-earth dominance.
New Jersey Resources (NJR) lifted its fiscal 2026 earnings forecast following strong performance during recent extreme cold weather, while detailing a five-year, $5 billion capital investment plan focused on utility reliability, storage expansion, and clean energy growth.
Saks Off 5th is closing the majority of its stores, including two in New York's Lower Hudson Valley, as parent company Saks Global Enterprises pivots to focus on its core luxury retail business. The move follows recent leadership changes and a major financial restructuring.
Digital asset markets face a significant liquidity squeeze, with Bitcoin breaking from tech stocks and institutional players stepping in amid a wave of regulatory developments and macroeconomic uncertainty.
Siemens Energy's fair value estimate has been revised upward by analysts, reflecting a more optimistic outlook driven by stronger demand signals, though questions over operational execution continue to temper expectations.
Scout Motors, the Volkswagen Group's revived off-road brand, faces mounting financial pressure as construction costs for its flagship U.S. production facility balloon by an additional $1 billion, raising total investment to $3 billion amid delays and regulatory hurdles.
Lam Research and French research institute CEA-Leti have signed a multi-year pact to co-develop advanced materials and fabrication processes for next-generation specialty semiconductors, targeting applications from 3D sensing to quantum optics.
Elon Musk has announced the merger of SpaceX and his artificial intelligence firm xAI, creating a $1.25 trillion private tech and aerospace giant. The move intensifies focus on whether Tesla will be the next piece to join Musk's consolidating empire.
As Europe's industrial decarbonization push intensifies, major offshore carbon capture and storage (CCS) projects are moving from blueprint to reality. From the North Sea to the Mediterranean, new infrastructure is taking shape, setting the stage for critical discussions at the upcoming DECARBON 2026 congress in Austria.
Defying a steep sell-off in digital assets, Cathie Wood's Ark Invest deployed nearly $25 million into crypto-linked equities this week, signaling a bold contrarian bet on the sector's long-term future.
The German federal government has acquired a 25.1% stake in transmission system operator TenneT Germany for €3.3 billion, marking a significant step in securing funding for the massive grid expansion required by the nation's shift to renewable energy.
Panasonic Energy announced its De Soto facility is scaling up to 50% operational capacity within months, with construction on a major second wing now underway, signaling robust growth amid a shifting EV policy landscape.
In a major boost for American clean energy infrastructure, LG Energy Solution Vertech and Qcells have solidified a multi-year pact to deploy utility-scale battery storage across Qcells' U.S. project pipeline, underscoring a strategic shift towards domestic manufacturing and supply chain resilience.
Fundstrat's Tom Lee argues that Bitcoin and Ethereum have likely found a floor after a brutal selloff, pointing to strong fundamentals and a shift away from overheated precious metals markets.