Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock's 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images When OpenAI CEO Sam Altman took the stage at BlackRock's U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality: data centers are hard. "Anything at this sc...
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock's 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images When OpenAI CEO Sam Altman took the stage at BlackRock's U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality: data centers are hard. "Anything at this scale, it's just like so much stuff goes wrong," Altman said, in a fireside chat at the conference in Washington, D.C. Altman gave an example of a severe weather event at a data center campus in Abilene, Texas , that temporarily "brought things down." The facility serves as the flagship site of OpenAI, Oracle and SoftBank's $500 billion Stargate project . Altman said his company has also been navigating supply chain challenges and pressure to meet tight deadlines. The stakes for Altman are growing as he aims to turn OpenAI, which was valued at $730 billion in a record fundraising round last month, from a private market darling into an investable asset for a more discerning class of public market fund managers. That's meant retreating from some hefty spending plans, shelving certain ambitious projects and accepting OpenAI's role as a purchaser of massive amounts of cloud capacity rather than as a builder of mammoth data centers. "OpenAI has come to the realization that the market doesn't necessarily appreciate the reckless approach to growth and spending," Daniel Newman, CEO of Futurum Group, told CNBC in an interview. "The market wants to see OpenAI's revenues rolling at a pace in which the spending can be justified. The pivot, in my opinion, has been to try to show a little bit more fiscal responsibility." The strategic shift means OpenAI may have to settle for doing less while simultaneously trying to compete with Anthropic, Google and a host of other companies developing AI models, apps and features. OpenAI trains and runs AI models that require enormous amounts of computa...
Always products are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina October 29, 2024. Dado Ruvic | Reuters Rising inflation and ever-changing tariff policies have led to higher prices across store shelves over the past few years, squeezing consumers' budgets. An often overlooked example: menstrual products. The average price of menstrual products, including sanitary pads ...
Always products are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina October 29, 2024. Dado Ruvic | Reuters Rising inflation and ever-changing tariff policies have led to higher prices across store shelves over the past few years, squeezing consumers' budgets. An often overlooked example: menstrual products. The average price of menstrual products, including sanitary pads and tampons, has risen nearly 40% since 2020, from roughly $5.37 per unit to $7.43 per unit, according to February data from Chicago-based market research firm Circana. Dollar sales from menstrual products have grown by nearly 30% over that same period, according to Circana. But at the same time, sales of menstrual products — which broadly includes pads, tampons, liners and more — have seen a roughly 6% decrease since 2022, falling incrementally each year, according to data from NielsenIQ. The data analytics company noted that items across the store have seen average unit price increases, with the dollar volume of consumer packaged goods at large rising 2.7% year-to-date. Those price increases are in line with climbing inflation, with the latest consumer price index in February showing a 2.4% annual rise. The latest CPI data found that inflation in personal care products in the U.S. has jumped dramatically, up 22.1% in February from January 2020. But because menstrual products are a necessity for a large portion of the population, those costs may be hurting consumers. "I do think that we're at a point where consumers in general are having to choose whether they can buy food for their family, or buy prescriptions for their family. Some things that we do typically define as a necessity, people are finding alternatives for or going without," said Sarah Broyd, a partner with consultancy firm Clarkston Consulting. Broyd said the gap between higher prices and declining sales shows consumers may be searching for alternatives out of necessity. Menstrual products haven't just been h...
Shortly after Amazon CEO Andy Jassy announced AWS’s groundbreaking $50 billion investment deal with OpenAI, Amazon invited me on a private tour of the chip development lab at the heart of the deal, at (mostly*) its own expense. Industry experts are watching Amazon’s Trainium chip, created at that facility, for its implications for lower-cost AI inference and, potentially, a dent in Nvidia’s near m...
Shortly after Amazon CEO Andy Jassy announced AWS’s groundbreaking $50 billion investment deal with OpenAI, Amazon invited me on a private tour of the chip development lab at the heart of the deal, at (mostly*) its own expense. Industry experts are watching Amazon’s Trainium chip, created at that facility, for its implications for lower-cost AI inference and, potentially, a dent in Nvidia’s near monopoly. Curious, I agreed to go. My tour guides for the day were the lab’s director, Kristopher King (pictured below right) and director of engineering Mark Carroll (below left), as well as the team’s PR person who arranged the visit, Doron Aronson (pictured with yours truly later in the story). AWS Chip lab leaders Mark Carroll and Kristopher King. Image Credits:TechCrunch/Julie Bort AWS has been Anthropic’s major cloud platform since the AI lab’s early days — a relationship significant enough to survive Anthropic later adding Microsoft as a cloud partner as well, and Amazon’s growing partnership with OpenAI. The OpenAI deal makes AWS the exclusive provider of the model maker’s new AI agent builder, Frontier, which could become an important part of OpenAI’s business if agents become as big as Silicon Valley thinks they will. We’ll see if that exclusivity stands exactly as announced. The Financial Times reported this week that Microsoft may believe OpenAI’s deal with Amazon violates its own deal with OpenAI, namely with Redmond getting access to all of OpenAI’s models and tech. What makes AWS so appealing to OpenAI? As part of this deal, the cloud giant has agreed to supply OpenAI with 2 gigawatts of Trainium computing capacity. This is a giant commitment, given that Anthropic and Amazon’s own Bedrock service are already consuming Trainium chips faster than Amazon can produce them. Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, in...
AI was everywhere at the GDC Festival of Gaming this year. Vendors at the event pitched generative AI tools for things like making AI-driven NPCs and even entire games from a chat box. On the show floor, I spent 10 minutes playing a demo of a pixel-art fantasy world generated by Tencent’s AI tools. In a briefing with Razer, I watched an AI assistant for QA automatically log issues in a shooter gam...
AI was everywhere at the GDC Festival of Gaming this year. Vendors at the event pitched generative AI tools for things like making AI-driven NPCs and even entire games from a chat box. On the show floor, I spent 10 minutes playing a demo of a pixel-art fantasy world generated by Tencent’s AI tools. In a briefing with Razer, I watched an AI assistant for QA automatically log issues in a shooter game. And there were many talks about AI, including a standing-room only presentation by Google DeepMind researchers about playable AI-generated spaces. But there was one key place where AI was missing: the games themselves. Of the many developers I spoke to at the conference, nearly every one was against the idea of using AI in their projects. “I feel like the human mind is so beautiful,” The Melty Way developer Gabriel Paquette told me. “Why not use it?” Photo by the GDC Festival of Gaming It was a common refrain. Those I spoke to, most of whom were indie developers, disavowed AI, and many said they would never use the technology as it detracted from the human element of development. That’s perhaps not surprising, given that a recent GDC survey found that 52 percent of respondents think “generative AI is having a negative impact on the game industry,” which is up from 30 percent in 2025 and 18 percent in 2024. Some indie developers already go out of their way to show that their games are “AI free.” The largely negative reaction to Nvidia’s DLSS 5, which, in the publicly shown examples, added AI slop-like faces to recognizable game characters, almost certainly won’t make smaller developers more interested in the technology. The general pitch for generative AI in gaming is that it might benefit both developers and players. In the most optimistic view of the technology, developers could use AI to help with tasks like debugging, QA, and idea generation, while players could use AI to help tailor games for themselves. Google Cloud executive Jack Buser, who helped launch Google Sta...
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more news about online age verification and your privacy, follo...
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more news about online age verification and your privacy, follow Emma Roth. The Stepback arrives in our subscribers’ inboxes at 8AM ET. Opt in for The Stepback here. How it started Virtual private networks, or VPNs, weren’t always used to access region-locked Netflix streams, bypass censorship online, or to prevent your internet service provider (ISP) from tracking your browsing history. It took years for VPNs to become the technology we know today, which provides an encrypted connection between your device and a private server, while concealing your IP address and browsing data. The concept behind VPNs first emerged in the 1990s with a mundane purpose: to help businesses securely send information across offices. Instead of forking out money for the pricey leased lines that they would need to make these connections, many businesses decided to use their existing infrastructure to transfer data across encrypted “tunnels” on the web. While Microsoft, AT&T, and Cisco pioneered early versions of the tech, Francis Dinha and James Yonan went on to launch OpenVPN in 2001, offering a more secure, open-source alternative for both businesses and consumers. But things changed in 2013, when whistleblower Edward Snowden leaked confidential documents that revealed the National Security Agency had been carrying out mass surveillance programs across the web. This revelation made more people aware of security-related risks, as a 2015 survey from Pew Research found that 34 percent of Americans have taken at least one step to protect their privacy online. Just one year later, another Pew Research survey found that 86 percent of Americans tried to “remove ...
Quantum computing stocks have arguably been among the most volatile in the market. Some of them, in 2022 and 2023, fell to penny stocks. But perhaps due to excitement over artificial intelligence (AI), or investors seemingly realizing that quantum technology might actually be achievable, the stocks skyrocketed in late 2024 and 2025, in some cases generating returns of 10x or more. Lately, these st...
Quantum computing stocks have arguably been among the most volatile in the market. Some of them, in 2022 and 2023, fell to penny stocks. But perhaps due to excitement over artificial intelligence (AI), or investors seemingly realizing that quantum technology might actually be achievable, the stocks skyrocketed in late 2024 and 2025, in some cases generating returns of 10x or more. Lately, these stocks have been crashing, though Wall Street still sees immense potential. Here are two quantum computing stocks that have upside of as much as 167% and 199%, respectively, according to certain Wall Street analysts. 1. Rigetti Computing -- 162% upside Quantum computing is believed to be the next major iteration of computing, similar to how AI is the next major innovation in software development. While computers run on the foundation of bits, the smallest unit of digital information, quantum computers operate on qubits, which can process information simultaneously, unlike bits, which process information sequentially. This gives quantum computers the ability to process information much faster, and researchers believe quantum computers could one day compute calculations well beyond that of even today's most advanced supercomputers. Rigetti Computing (RGTI 3.44%) has already designed several quantum systems and currently expects to release its 108-qubit system at the end of the first quarter. According to management, the system has achieved a two-qubit gate fidelity of 99%, a measure of accuracy. The ultimate goal of quantum computing companies is to one day commercialize these systems and make them as ubiquitous as traditional computers. Expand NASDAQ : RGTI Rigetti Computing Today's Change ( -3.44 %) $ -0.53 Current Price $ 14.88 Key Data Points Market Cap $4.9B Day's Range $ 14.37 - $ 15.22 52wk Range $ 6.86 - $ 58.15 Volume 25M Avg Vol 31M Gross Margin -8613.15 % Rigetti's stock is down roughly 32% this year, but Wall Street analysts still have high hopes for the stock. Of t...
fatido/iStock via Getty Images Note: this article was previously published for members of the Inside the Income Factory investing group. As a now retired passive income investor who supports my lifestyle with the income generated by my investments, I would like to offer up a brief review of seven closed-end funds that have delivered strong total returns over at least the last ten years and some fo...
fatido/iStock via Getty Images Note: this article was previously published for members of the Inside the Income Factory investing group. As a now retired passive income investor who supports my lifestyle with the income generated by my investments, I would like to offer up a brief review of seven closed-end funds that have delivered strong total returns over at least the last ten years and some for even longer. With the increasing threat of inflation rearing its ugly head again and the Fed unlikely to reduce rates to stimulate growth anytime soon, now is a good time for defensive income investors to hunker down and collect the income while stock prices head down over the next few months, especially if we see a deeper market correction coming. Oftentimes, market corrections can be opportune times to load up on high-quality funds that are able to muddle through the volatility and continue to pay out steady or even increasing distributions while the rest of the market struggles to maintain positive price action. In my previous two articles on Seeking Alpha, I reviewed a dozen CEFs that have never cut the distribution. First, I briefly reviewed 7 high-yield income-oriented CEFs that have never cut and have been traded for at least ten years or longer. In part 2, I looked at 5 more CEFs that have never cut and might be better options for holding in a taxable account with tax-friendly distributions that include large amounts of either qualified dividends, capital gains, and/or non-taxable ROC (return of capital). Based on some of the comments from those two articles, it was suggested that I consider funds that have not experienced “NAV erosion” (a term that I feel is over-utilized and inaccurate in some cases) in at least the last ten years and preferably since 2010, when the last after-effects of the GFC wore off. In other words, income investors want to collect steady and even rising income while also seeing some price appreciation over time. In addition, rather than “n...
Key Points Quantum computing systems are built on qubits, which can process information simultaneously. This gives them the ability to compute calculations well beyond traditional computers. The bet is that quantum computers will not only have immense capabilities but will also one day be commercialized. 10 stocks we like better than Rigetti Computing › Quantum computing stocks have arguably been ...
Key Points Quantum computing systems are built on qubits, which can process information simultaneously. This gives them the ability to compute calculations well beyond traditional computers. The bet is that quantum computers will not only have immense capabilities but will also one day be commercialized. 10 stocks we like better than Rigetti Computing › Quantum computing stocks have arguably been among the most volatile in the market. Some of them, in 2022 and 2023, fell to penny stocks. But perhaps due to excitement over artificial intelligence (AI), or investors seemingly realizing that quantum technology might actually be achievable, the stocks skyrocketed in late 2024 and 2025, in some cases generating returns of 10x or more. Lately, these stocks have been crashing, though Wall Street still sees immense potential. Here are two quantum computing stocks that have upside of as much as 167% and 199%, respectively, according to certain Wall Street analysts. 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 » 1. Rigetti Computing -- 162% upside Quantum computing is believed to be the next major iteration of computing, similar to how AI is the next major innovation in software development. While computers run on the foundation of bits, the smallest unit of digital information, quantum computers operate on qubits, which can process information simultaneously, unlike bits, which process information sequentially. This gives quantum computers the ability to process information much faster, and researchers believe quantum computers could one day compute calculations well beyond that of even today's most advanced supercomputers. Rigetti Computing (NASDAQ: RGTI) has already designed several quantum systems and currently expects to release its 108-qubit system at the end of the first quarter. According to manage...
Omnibus theatre, London A couple of former hedonists are reunited years later in Louis Emmitt-Stern’s quick-witted dissection of bereavement and the queer dating scene History is supposed to stay, well, history. But in Louis Emmitt-Stern’s Tony Craze award -winning play, it tumbles face first into the present. Ten years ago, Jude (John McCrea) and Kyle (Perry Williams) were a couple who relished a...
Omnibus theatre, London A couple of former hedonists are reunited years later in Louis Emmitt-Stern’s quick-witted dissection of bereavement and the queer dating scene History is supposed to stay, well, history. But in Louis Emmitt-Stern’s Tony Craze award -winning play, it tumbles face first into the present. Ten years ago, Jude (John McCrea) and Kyle (Perry Williams) were a couple who relished all things hedonistic, and partying into the early hours on a cocktail of drink and drugs. That was until they broke up and Kyle disappeared. Now they find themselves together again in Jude’s Canary Wharf penthouse in the middle of the night, after he has a nasty fall and Kyle is unexpectedly called to the hospital as his emergency contact. Years have passed and their lives have diverged: Kyle has left behind the party lifestyle while Jude is in the early days of grief following the death of his partner, Sam. Both are working hard to keep up appearances. But as they talk, cook spaghetti carbonara and catch up on all that’s changed, their lies begin to crack open. Continue reading...
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. (Source: Bloomberg)
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. (Source: Bloomberg)
American seniors are experiencing sticker shock in 2026. And it's not just with the price of gasoline and groceries. Standard Medicare Part B monthly premiums crossed $200 for the first time this year, and some retirees are furious. Shannon Benton, Executive Director of The Senior Citizens League, a nonprofit advocacy organization for seniors, said, "Medicare Part B premiums consistently overtakin...
American seniors are experiencing sticker shock in 2026. And it's not just with the price of gasoline and groceries. Standard Medicare Part B monthly premiums crossed $200 for the first time this year, and some retirees are furious. Shannon Benton, Executive Director of The Senior Citizens League, a nonprofit advocacy organization for seniors, said, "Medicare Part B premiums consistently overtaking Social Security COLAs degrades American seniors' quality of life over time. Our members constantly tell us that they feel like their benefits aren't keeping up, and this is a great example of that experience in action." However, the problem goes beyond higher Part B premiums. Paying a premium beyond the premium Standard Medicare Part B premiums jumped 9.7% year over year in 2026 to $202.90 per month. Some retirees' Part B premiums are even higher. Beneficiaries who are single filers with modified adjusted gross income (MAGI) of more than $109,000 and those filing joint tax returns with MAGI of more than $218,000 must pay monthly premiums of at least $284.10. The highest earners can pay premiums of up to $689.90. But Medicare beneficiaries are also paying a premium beyond this higher premium. Annual Part B deductibles rose from $257 to $283. While Medicare Part B covers doctor visits and outpatient services, Part A covers hospital visits. There are no monthly Part A premiums for most retirees. However, other Part A costs have also risen significantly. The Part A deductible (which isn't an annual deductible but applies per hospital stay) soared from $1,676 last year to $1,736 in 2026. Daily coinsurance for days 61 through 90 of a hospital stay increased from $419 to $434. The Social Security COLA mirage The big problem for retirees is that these higher Medicare costs are wiping out much of their Social Security COLA. Medicare Part B premiums increased by $17.90 this year, nearly one-third of the average Social Security benefit increase resulting from the COLA of $56. Medica...
With the price of oil approaching $100 per barrel and energy infrastructure in the Persian Gulf under attack from all sides, it's a good idea to buy a little protection for your portfolio from the risk of an extended period of relatively high energy prices. The risk isn't just a spike in oil prices; there's also a risk that infrastructure damage will be lasting, and that traffic through the Strait...
With the price of oil approaching $100 per barrel and energy infrastructure in the Persian Gulf under attack from all sides, it's a good idea to buy a little protection for your portfolio from the risk of an extended period of relatively high energy prices. The risk isn't just a spike in oil prices; there's also a risk that infrastructure damage will be lasting, and that traffic through the Strait of Hormuz could be closed for an extended period. In this context, buying into energy companies Equinor ASA (NYSE: EQNR) , PBF Energy (NYSE: PBF) , and Chevron (NYSE: CVX) provides investors with a nice mix of investment themes to benefit from in the current environment. About 20% of the world's energy passes through the Strait of Hormuz, and its closure has severe consequences for the supply of liquefied natural gas ( LNG ), crude oil, and petrochemicals such as urea and fertilizer. The immediate impact will be felt in Asia. The International Energy Agency (IEA) estimates that 80% of oil passing through the Strait is destined for Asia, and 90% of LNG, too. Image source: Getty Images. Continue reading
Key Points Standard Medicare Part B premiums jumped 9.7% in 2026 to $202. 90. Retirees are also paying more for Medicare deductibles and Part A coinsurance. These higher Medicare costs are wiping out much of retirees' Social Security COLAs. The $23,760 Social Security bonus most retirees completely overlook › American seniors are experiencing sticker shock in 2026. And it's not just with the price...
Key Points Standard Medicare Part B premiums jumped 9.7% in 2026 to $202. 90. Retirees are also paying more for Medicare deductibles and Part A coinsurance. These higher Medicare costs are wiping out much of retirees' Social Security COLAs. The $23,760 Social Security bonus most retirees completely overlook › American seniors are experiencing sticker shock in 2026. And it's not just with the price of gasoline and groceries. Standard Medicare Part B monthly premiums crossed $200 for the first time this year, and some retirees are furious. Shannon Benton, Executive Director of The Senior Citizens League, a nonprofit advocacy organization for seniors, said, "Medicare Part B premiums consistently overtaking Social Security COLAs degrades American seniors' quality of life over time. Our members constantly tell us that they feel like their benefits aren't keeping up, and this is a great example of that experience in action." 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 » However, the problem goes beyond higher Part B premiums. Paying a premium beyond the premium Standard Medicare Part B premiums jumped 9.7% year over year in 2026 to $202.90 per month. Some retirees' Part B premiums are even higher. Beneficiaries who are single filers with modified adjusted gross income (MAGI) of more than $109,000 and those filing joint tax returns with MAGI of more than $218,000 must pay monthly premiums of at least $284.10. The highest earners can pay premiums of up to $689.90. But Medicare beneficiaries are also paying a premium beyond this higher premium. Annual Part B deductibles rose from $257 to $283. While Medicare Part B covers doctor visits and outpatient services, Part A covers hospital visits. There are no monthly Part A premiums for most retirees. However, other Part A costs have also risen significantly. ...
Chris O'Shea, boss of British Gas-owner Centrica, told the BBC that the effective closure of the Strait of Hormuz had affected the supply of oil far more than gas, and that it was still "too early to speculate" on what this would do to energy prices.
Chris O'Shea, boss of British Gas-owner Centrica, told the BBC that the effective closure of the Strait of Hormuz had affected the supply of oil far more than gas, and that it was still "too early to speculate" on what this would do to energy prices.
Alones Creative Prediction markets are signaling skepticism that shipping through the Strait of Hormuz will normalize in the near term, despite President Donald Trump's 48-hour deadline for an opening. On Polymarket, traders assign about a 30% chance that traffic returns to normal by the end of April, down sharply in recent sessions as geopolitical risks have intensified. Kalshi contracts point to...
Alones Creative Prediction markets are signaling skepticism that shipping through the Strait of Hormuz will normalize in the near term, despite President Donald Trump's 48-hour deadline for an opening. On Polymarket, traders assign about a 30% chance that traffic returns to normal by the end of April, down sharply in recent sessions as geopolitical risks have intensified. Kalshi contracts point to a more gradual reopening timeline. Markets imply roughly a 39% probability that traffic normalizes by May 15, rising to about 53% by June 1 and 59% by July 1, indicating expectations that disruptions could persist into the second quarter. Trump said Saturday the U.S. would “obliterate” Iran’s power plants if the Strait of Hormuz is not reopened within 48 hours, a day after signaling interest in winding down the conflict. The Strait of Hormuz handles roughly 20% of global oil ( CL1:COM ) ( CO1:COM ) ( USO ) ( BNO ) shipments. Kalshi Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on oil The Oil Market Is Telling Us The Iran War Is Not Ending Soon Avoid S&P + Bonds, Buy Gold + Energy - George Noble Hard Assets Weekly: The Signal That Precedes Falls In Hard Assets Appeared In Oil Trump says U.S. will 'obliterate' Iran's power plants if Strait of Hormuz not opened in 48 hours Brent crude climbs for fifth straight week as U.S. sends more troops to Middle East
A colleague, who was in the same vehicle, remains critically ill in hospital and a member of the public in the second vehicle continues to be treated for serious injuries, the force said.
A colleague, who was in the same vehicle, remains critically ill in hospital and a member of the public in the second vehicle continues to be treated for serious injuries, the force said.
I make no attempt to hide my appreciation for Palantir Technologies (PLTR 3.21%) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to milit...
I make no attempt to hide my appreciation for Palantir Technologies (PLTR 3.21%) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to military intelligence. The results have been incredible. Look at Palantir's growth story since AIP came online in April 2023. Year End-of-Year Stock Price Annual Gain (or Loss) 2020 $23.55 147.9% 2021 $18.21 (22.7%) 2022 $6.42 (64.7%) 2023 $17.17 167.4% 2024 $75.63 340.5% 2025 $177.75 135% 2026 (through March 17, 2026) $154.37 (13.1%) Even though Palantir (and many other tech stocks) are taking a bit of a breather so far this year, I'm convinced that the company's growth story is still in full swing. In fact, I'm such a Palantir stock bull that I'm able to overlook its one major flaw -- the valuation. The numbers aren't pretty Palantir currently trades at a price-to-earnings ratio of 243 -- a mind-numbing figure. Consider that Nvidia, which is perhaps the most successful company on Wall Street, has a P/E of just 37. That means that investors are paying a lot more for Palantir's earnings than they are for Nvidia's, even though Nvidia's graphics processing units helped it become the most valuable publicly traded company in the world. So, while investors are betting that Palantir will continue to increase its earnings in the future, they're running a risk that the company is already badly overvalued. Even Palantir's forward P/E ratio of 116 is eye-watering compared to Nvidia, which has a forward P/E of just 22. But notably, Palantir's extreme valuation is beginning to moderate. Just a year ago, the P/E was north of 600. Here's why I'm not worried about Palantir's valuation What's happening with Palantir isn't unprecedented. Remember that Amazon had a P/E of more than 1,000 for a sh...
Key Points Palantir continues to close millions of dollars in deals daily. The stock comes at a high valuation -- but it's not unprecedented. 10 stocks we like better than Palantir Technologies › I make no attempt to hide my appreciation for Palantir Technologies (NASDAQ: PLTR) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intellig...
Key Points Palantir continues to close millions of dollars in deals daily. The stock comes at a high valuation -- but it's not unprecedented. 10 stocks we like better than Palantir Technologies › I make no attempt to hide my appreciation for Palantir Technologies (NASDAQ: PLTR) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to military intelligence. The results have been incredible. Look at Palantir's growth story since AIP came online in April 2023. 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 » Year End-of-Year Stock Price Annual Gain (or Loss) 2020 $23.55 147.9% 2021 $18.21 (22.7%) 2022 $6.42 (64.7%) 2023 $17.17 167.4% 2024 $75.63 340.5% 2025 $177.75 135% 2026 (through March 17, 2026) $154.37 (13.1%) Even though Palantir (and many other tech stocks) are taking a bit of a breather so far this year, I'm convinced that the company's growth story is still in full swing. In fact, I'm such a Palantir stock bull that I'm able to overlook its one major flaw -- the valuation. The numbers aren't pretty Palantir currently trades at a price-to-earnings ratio of 243 -- a mind-numbing figure. Consider that Nvidia, which is perhaps the most successful company on Wall Street, has a P/E of just 37. That means that investors are paying a lot more for Palantir's earnings than they are for Nvidia's, even though Nvidia's graphics processing units helped it become the most valuable publicly traded company in the world. So, while investors are betting that Palantir will continue to increase its earnings in the future, they're running a risk that the company...