War-driven demand and Wall Street upgrades have buoyed PLTR stock. Last week, Rosenblatt initiated with a 'Buy' rating and $150 target, while UBS upgraded to 'Buy' with a $180 target. PLTR shares have been on the climb after U.S.-Israel strikes on Iran lifted military-linked names. The debate unfolds amid a broader U.S. defense AI shake-up, including a Pentagon drone swarm challenge that did not s...
War-driven demand and Wall Street upgrades have buoyed PLTR stock. Last week, Rosenblatt initiated with a 'Buy' rating and $150 target, while UBS upgraded to 'Buy' with a $180 target. PLTR shares have been on the climb after U.S.-Israel strikes on Iran lifted military-linked names. The debate unfolds amid a broader U.S. defense AI shake-up, including a Pentagon drone swarm challenge that did not select Anthropic. Peter Thiel, co-founder of Palantir Technologies, Inc. (PLTR), plans to sell roughly $280 million worth of stock in the data analytics company, a regulatory filing shows, amid the stock’s best streak in nearly three months. Add Asianet Newsable as a Preferred Source Thiel Files $280M Sale Of PLTR A new regulatory filing shows that Thiel plans to sell up to 2 million Class A shares through Merrill Lynch, Pierce, Fenner & Smith, valued at $280 million on Tuesday. According to SEC filings, Thiel last shed stake in Palantir in October 2024. Thiel, however, has remained one of the company’s largest individual shareholders and its chairman since the company's incorporation in 2003. Palantir Gains On Defence AI Demand Surge Shares of Palantir have risen for four straight sessions, their longest winning streak since early December, after the U.S. and Israel launched strikes on Iran, lifting defense names on concerns the conflict could drag on for weeks. With longstanding ties to U.S. defense and intelligence agencies, including a $10 billion Army contract and a $448 million Navy deal, Palantir was among the top gainers in the S&P 500 on Monday. The company’s appeal lies in its dual role as both a defense contractor and an AI software provider. Bob Lang, founder of trading platform Explosive Options, noted, “They do not build weapons, missiles or planes," and added that "the big contracts for Palantir are important but likely already in the price of the stock," according to a report by Dow Jones. Michael Burry’s Latest Attack On PLTR The planned sale comes a day aft...
Asian oil refiners are considering reducing operating rates as the widening Middle East war and difficulties shipping through the Strait of Hormuz threaten their access to crude. Some major processors are looking at run cuts of 20% to 30% as dozens of oil-laden tankers remain stuck in the Persian Gulf, said people with knowledge of these deliberations. Chinese and Japanese refiners — particularly ...
Asian oil refiners are considering reducing operating rates as the widening Middle East war and difficulties shipping through the Strait of Hormuz threaten their access to crude. Some major processors are looking at run cuts of 20% to 30% as dozens of oil-laden tankers remain stuck in the Persian Gulf, said people with knowledge of these deliberations. Chinese and Japanese refiners — particularly state-owned and larger companies — are most likely to reduce rates, given their heavy reliance on crude from the gulf, said the people, asking not to be named as the information is private. Major Asian markets like China, India, South Korea and Japan are among the most reliant on oil that needs to transit Hormuz, taking cargoes on long-term contracts from producers such as Saudi Arabia, Iraq and the United Arab Emirates. These shipments usually take about 15 to 30 days to arrive at ports across Asia, which makes them tough to replace from more distant sources in the Americas, Europe and Africa. Read More: Waiting for Hormuz, More Oil Tankers Gather in Persian Gulf About a fifth of the world’s oil passes through the vital waterway, and the passage of ships has slowed dramatically since the weekend, when US and Israeli attacks on Iran escalated into a wider regional conflict. The Joint Maritime Information Center, a multinational naval advisory group, raised its security alert to the highest level, citing missile and drone attacks against multiple vessels. Maritime traffic through the conduit had plunged by about 80%, it said. Refineries are cutting runs out of fear of not getting the Middle Eastern crude that they want, Anthony Yuen , a commodities analyst with Citigroup Inc., said in a video webcast. The price of alternative barrels from the Atlantic Basin will be very high given expensive freight costs, creating the “strange phenomenon” of processors reducing activity despite healthy fuel-producing profits, he said. In China, state-owned plants such as several Cnooc Ltd. a...
Earnings Call Insights: ThredUp Inc. (TDUP) Q4 2025 Management View CEO James Reinhart emphasized the company's transition to a streamlined, U.S.-focused business, highlighting that "Q4 revenue grew 18.5% year-over-year, while gross margin was 79.6%, and adjusted EBITDA was 3.7% of revenue." Reinhart noted, "new buyer acquisition increased 57% year-over-year, while active buyers for the trailing 1...
Earnings Call Insights: ThredUp Inc. (TDUP) Q4 2025 Management View CEO James Reinhart emphasized the company's transition to a streamlined, U.S.-focused business, highlighting that "Q4 revenue grew 18.5% year-over-year, while gross margin was 79.6%, and adjusted EBITDA was 3.7% of revenue." Reinhart noted, "new buyer acquisition increased 57% year-over-year, while active buyers for the trailing 12 months were up 30% year-over-year." He stated that 2025 marked the completion of the multiyear transition to a fully consignment-based model, with "more than 90% of our business now on consignment." Reinhart highlighted product innovation, including premium listings and direct listings, and mentioned that sellers using direct listings are "listing 10x more items than we expected," with an average selling price "much, much higher, more than $70." The company launched a rebrand and invested heavily in AI, with advancements in product search, discovery, ad buying, and customer service through the Dottie AI agent. Reinhart stated, "By embedding AI into everything from discovery to service, we are building a marketplace that is not only more enjoyable for the consumer, but structurally more profitable to operate." CFO Sean Sobers said, "We are extremely proud of our Q4 and 2025 results in which we exceeded our internal expectations for revenue, gross margins and adjusted EBITDA." Sobers added, "For the fourth quarter of 2025, revenue totaled $79.7 million, an increase of 18.5% year-over-year." Outlook ThredUp expects Q1 2026 revenue in the range of $79.5 million to $80.5 million, with gross margin between 78% and 79% and adjusted EBITDA of approximately 3% of revenue. For the full year 2026, the company projects revenue in the range of $349 million to $355 million, "reflecting 13% year-over-year growth at the midpoint," with gross margin in the 78% to 79% range and adjusted EBITDA of approximately 6% of revenue. Management remains cautious on the consumer environment and expec...