(RTTNews) - The Taiwan stock market on Friday wrote a finish to the four-day losing streak in which it had tumbled almost 850 points or 3.6 percent. The Taiwan Stock Exchange now rests just above the 22,740-point plateau although it's expected to head south again on Monday. The global forecast for the Asian markets is soft on concerns over the outlook for interest rates. The European and U.S. mark...
(RTTNews) - The Taiwan stock market on Friday wrote a finish to the four-day losing streak in which it had tumbled almost 850 points or 3.6 percent. The Taiwan Stock Exchange now rests just above the 22,740-point plateau although it's expected to head south again on Monday. The global forecast for the Asian markets is soft on concerns over the outlook for interest rates. The European and U.S. markets were own and the Asian bourses are expected to open in similar fashion. The TSE finished slightly higher on Friday following gains from the financial shares and plastics, while the technology companies were mixed and volatile. For the day, the index perked 27.39 points or 0.12 percent to finish at 22,742.77 after trading between 22,690.77 and 22,940.80. Among the actives, Cathay Financial collected 0.34 percent, while Mega Financial added 0.64 percent, CTBC Financial perked 0.16 percent, First Financial soared 4.20 percent, Fubon Financial gained 0.78 percent, E Sun Financial rose 0.56 percent, Hon Hai Precision tanked 2.13 percent, Largan Precision surged 4.54 percent, Catcher Technology plummeted 6.07 percent, MediaTek spiked 2.83 percent, Delta Electronics sank 0.77 percent, Novatek Microelectronics strengthened 1.25 percent, Formosa Plastics rallied 2.42 percent, Nan Ya Plastics jumped 1.89 percent, Asia Cement improved 1.32 percent and United Microelectronics Corporation and Taiwan Semiconductor Manufacturing Company were unchanged. The lead from Wall Street is broadly negative as the major averages opened lower on Friday and only weakened further as the day progressed. The Dow plunged 305.87 points or 0.70 percent to finish at 43,444.99, while the NASDAQ plummeted 427.53 points or 2.24 percent to close at 18,680.12 and the S&P 500 dropped 78.55 points or 1.32 percent to end at 5,870.62. For the week, the NASDAQ shed 3.2 percent, the S&P sank 2.1 percent and the Dow fell 1.2 percent. The sell-off on Wall Street came amid concerns about the outlook for interest rate...
Key Points Palantir has tremendous earnings power due to its fast-growing customer base and the ability to win bigger contracts from existing customers. Its revenue pipeline is strong enough to help the company clock stronger-than-expected growth in 2026 and beyond. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) stock has lost 30% of its value from its 5...
Key Points Palantir has tremendous earnings power due to its fast-growing customer base and the ability to win bigger contracts from existing customers. Its revenue pipeline is strong enough to help the company clock stronger-than-expected growth in 2026 and beyond. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) stock has lost 30% of its value from its 52-week high that it hit in early November last year, when shares were trading at just over $200. The stock's pullback in recent months is the result of an expensive valuation, as well as the recent sell-off in software stocks following artificial intelligence (AI) start-up Anthropic's launch of a new AI tool that reportedly poses a threat to traditional software companies. But will Palantir stock be able to overcome the recent weakness and reclaim the $200 milestone once again? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Let's find out. Person walking past a Palantir signboard. Image source: Getty Images. Palantir Technologies stock isn't cheap despite the pullback, but that's half the story Palantir is trading at 218 times trailing earnings and 113 times forward earnings right now. Even the sales multiple of 79 is extremely expensive. So, it is easy to see why the stock has been under pressure in recent months despite reporting robust growth in both revenue and earnings. Palantir's revenue in the fourth quarter of 2025 increased 70% year over year to $1.4 billion. Its earnings increased by almost 80% year over year to $0.25 per share last quarter. Palantir believes that it can maintain its impressive growth in 2026 as well. The company has guided for a 60% increase in revenue this year to $7.2 billion. However, it could easily do better than that. After all, Palantir ended 2025 with $8.6 billion in r...
In this article XOM Follow your favorite stocks CREATE FREE ACCOUNT Fire breaks out at the Shahran oil depot after U.S. and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran, on March 8, 2026. Anadolu | Anadolu | Getty Images Japan's Nikkei 225 and South Korea's Kospi both plunged about 6% in early trade Monday, leading a broader regional sell-off as ...
In this article XOM Follow your favorite stocks CREATE FREE ACCOUNT Fire breaks out at the Shahran oil depot after U.S. and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran, on March 8, 2026. Anadolu | Anadolu | Getty Images Japan's Nikkei 225 and South Korea's Kospi both plunged about 6% in early trade Monday, leading a broader regional sell-off as oil prices breached $100 per barrel for the first time since 2022. Japan's Nikkei 225 tumbled 6.22%, falling below the 53,000 mark for the first time since Feb. 6, while the Topix was down 5.27%. South Korea's Kospi was down 6.68%, triggering a temporary trading halt for the Kospi 200 futures. The circuit breaker was also activated last week when the benchmark tumbled more than 12% Wednesday to record its worst single-day decline . Australia's S&P/ASX 200 fell 3.68% in early trade. Brent futures spiked 16.1% to $107.61, while U.S. West Texas Intermediate crude futures rose nearly 17.7% to $107.02. The surge comes after major Middle Eastern oil producers, including Kuwait, Iran and the United Arab Emirates, cut oil production following the closure of the Strait of Hormuz. Stock Chart Icon Stock chart icon U.S. President Donald Trump, however, posted on Truth Social that a gain in "short term oil prices" was a "very small price to pay" for destroying Iran's nuclear threat. "Only fools would think differently!" Trump added. Hong Kong Hang Seng index futures were at 25,328, below the index's last close of 25,757.29. U.S. stock futures also tumbled on higher oil prices, with Dow Jones Industrial Average futures down over 800 points or 1.75% lower. S&P 500 futures were down 1.59%, while Nasdaq-100 futures slid 1.6%. — CNBC's Spencer Kimball contributed to this report. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Key Points Palantir has tremendous earnings power due to its fast-growing customer base and the ability to win bigger contracts from existing customers. Its revenue pipeline is strong enough to help the company clock stronger-than-expected growth in 2026 and beyond. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) stock has lost 30% of its value from its 5...
Key Points Palantir has tremendous earnings power due to its fast-growing customer base and the ability to win bigger contracts from existing customers. Its revenue pipeline is strong enough to help the company clock stronger-than-expected growth in 2026 and beyond. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) stock has lost 30% of its value from its 52-week high that it hit in early November last year, when shares were trading at just over $200. The stock's pullback in recent months is the result of an expensive valuation, as well as the recent sell-off in software stocks following artificial intelligence (AI) start-up Anthropic's launch of a new AI tool that reportedly poses a threat to traditional software companies. But will Palantir stock be able to overcome the recent weakness and reclaim the $200 milestone once again? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Let's find out. Palantir Technologies stock isn't cheap despite the pullback, but that's half the story Palantir is trading at 218 times trailing earnings and 113 times forward earnings right now. Even the sales multiple of 79 is extremely expensive. So, it is easy to see why the stock has been under pressure in recent months despite reporting robust growth in both revenue and earnings. Palantir's revenue in the fourth quarter of 2025 increased 70% year over year to $1.4 billion. Its earnings increased by almost 80% year over year to $0.25 per share last quarter. Palantir believes that it can maintain its impressive growth in 2026 as well. The company has guided for a 60% increase in revenue this year to $7.2 billion. However, it could easily do better than that. After all, Palantir ended 2025 with $8.6 billion in remaining deal value (RDV). The metric, which refers to the total value...
Palantir Technologies (NASDAQ: PLTR) stock has lost 30% of its value from its 52-week high that it hit in early November last year, when shares were trading at just over $200. The stock's pullback in recent months is the result of an expensive valuation, as well as the recent sell-off in software stocks following artificial intelligence (AI) start-up Anthropic's launch of a new AI tool that report...
Palantir Technologies (NASDAQ: PLTR) stock has lost 30% of its value from its 52-week high that it hit in early November last year, when shares were trading at just over $200. The stock's pullback in recent months is the result of an expensive valuation, as well as the recent sell-off in software stocks following artificial intelligence (AI) start-up Anthropic's launch of a new AI tool that reportedly poses a threat to traditional software companies. But will Palantir stock be able to overcome the recent weakness and reclaim the $200 milestone once again? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Let's find out. Image source: Getty Images. Palantir Technologies stock isn't cheap despite the pullback, but that's half the story Palantir is trading at 218 times trailing earnings and 113 times forward earnings right now. Even the sales multiple of 79 is extremely expensive. So, it is easy to see why the stock has been under pressure in recent months despite reporting robust growth in both revenue and earnings. Palantir's revenue in the fourth quarter of 2025 increased 70% year over year to $1.4 billion. Its earnings increased by almost 80% year over year to $0.25 per share last quarter. Palantir believes that it can maintain its impressive growth in 2026 as well. The company has guided for a 60% increase in revenue this year to $7.2 billion. However, it could easily do better than that. After all, Palantir ended 2025 with $8.6 billion in remaining deal value (RDV). The metric, which refers to the total value of Palantir's contracts yet to be fulfilled at the end of a quarter, increased by 91% from the year-ago period. So, Palantir's revenue pipeline grew much faster than its actual revenue, driven by the rapid adoption of its AI solutions. Palantir's AI software platform enables customers to enh...