Palantir Technologies (NASDAQ: PLTR) was a retail investor darling in 2023, 2024, and 2025. The stock soared 2,670% during that period, despite Wall Street analysts suggesting the price was already too high for most of it. But the stock has taken a tumble since the end of 2025, dropping roughly 37% from its November 2025 all-time high amid the broader software-as-a-service (SaaS) stock sell-off. M...
Palantir Technologies (NASDAQ: PLTR) was a retail investor darling in 2023, 2024, and 2025. The stock soared 2,670% during that period, despite Wall Street analysts suggesting the price was already too high for most of it. But the stock has taken a tumble since the end of 2025, dropping roughly 37% from its November 2025 all-time high amid the broader software-as-a-service (SaaS) stock sell-off. Meanwhile, analysts have begun to take a fresh look at the company as it continues to deliver phenomenal revenue growth and earnings. In fact, despite a recent rally in the stock, the average Wall Street price target is significantly above the current price. Image source: Getty Images. Continue reading
Luis Alvarez American Express ( AXP ) and General Motors ( GM ) have both earned upgrades to Buy, with analysts pointing to strong consumer spending trends and attractive valuations ahead of earnings. Meanwhile, Nvidia ( NVDA ) has been downgraded to Sell amid concerns about intensifying competition and shifting AI compute demand, while Datadog ( DDOG ) sees a move from Buy to Hold as valuation co...
Luis Alvarez American Express ( AXP ) and General Motors ( GM ) have both earned upgrades to Buy, with analysts pointing to strong consumer spending trends and attractive valuations ahead of earnings. Meanwhile, Nvidia ( NVDA ) has been downgraded to Sell amid concerns about intensifying competition and shifting AI compute demand, while Datadog ( DDOG ) sees a move from Buy to Hold as valuation concerns outweigh its impressive growth metrics. U pgrades American Express Company ( AXP ): Upgrade to Buy by Passage Research. The analyst cites robust consumer spending, improving credit trends, and plummeting delinquencies as signals of strong underlying credit quality ahead of Q2 earnings. With guidance for 9-10% revenue growth and EPS of $17.30-$17.90 appearing achievable, the analyst sets a $422 price target implying 21% upside. "If we look at the Q1 trend, where spending declined each month sequentially, Q2 is largely telling a different story. This bodes well for the company ahead of earnings." General Motors Company ( GM ): Upgrade to Buy by Bay Area Ideas . Despite a 30% stock rally since last August, the analyst notes valuation remains highly depressed with a nearly 75% forward PEG discount. Q1 showed EBIT margin expansion to 9.7% and 33% EPS growth, with raised 2026 guidance implying 14% EBIT and 18% EPS annual growth at the midpoint, while new opportunities emerge in defense and AI data center energy storage. "Despite the stock's gains since my previous update, the forward P/E ratio has actually receded from 6.3 to 5.95. Given the current fundamentals, the near-term outlook, and the long-term prospects of the business, multiple expansion is likely moving forward." D owngrades Nvidia ( NVDA ): Downgrade to Sell by The Techie . The analyst warns the market is derisking NVDA's long-term AI dominance as Chinese firms like DeepSeek, Alibaba, and Baidu accelerate vertical integration, while AI compute demand shifts rapidly from training to inference where hyperscalers...
Bloomberg’s Ed Ludlow takes a look at SK Hynix's oversubscribed US listing, priming the Korean memory maker for the biggest ever foreign first-time-share-sale in America. Plus, Micron boosts its spending on new American plants to $250 billion to meet surging memory demand; and Meta unveils its latest AI model, pricing it aggressively and talking up its agentic capabilities versus Google's Gemini. ...
Bloomberg’s Ed Ludlow takes a look at SK Hynix's oversubscribed US listing, priming the Korean memory maker for the biggest ever foreign first-time-share-sale in America. Plus, Micron boosts its spending on new American plants to $250 billion to meet surging memory demand; and Meta unveils its latest AI model, pricing it aggressively and talking up its agentic capabilities versus Google's Gemini. (Source: Bloomberg)
Former Crystal Palace academy player gives evidence ‘There is much more to be done’, says Moses Swaibu Match-fixing has increased at an “extraordinary” rate across the world, a select committee of the House of Lords has been told, with organised crime networks even infiltrating chess as they look to launder proceeds from drug and human trafficking. The International Agreements Committee heard star...
Former Crystal Palace academy player gives evidence ‘There is much more to be done’, says Moses Swaibu Match-fixing has increased at an “extraordinary” rate across the world, a select committee of the House of Lords has been told, with organised crime networks even infiltrating chess as they look to launder proceeds from drug and human trafficking. The International Agreements Committee heard startling testimony on Thursday about the rise of match-fixing as part of its scrutiny of the Macolin Convention, the first and only international treaty on the manipulation of sports competitions. The UK signed the convention in 2018 but has only recently brought it forward for ratification by parliament. Continue reading...
The quiet period has ended for underwriters of SpaceX's IPO, and analysts are starting to publish their views on Elon Musk-led company. William Blair's Louie DiPalma launched coverage with a bullish rating, citing the company's growing advantage as rival Blue Origin turns to outside investors. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
The quiet period has ended for underwriters of SpaceX's IPO, and analysts are starting to publish their views on Elon Musk-led company. William Blair's Louie DiPalma launched coverage with a bullish rating, citing the company's growing advantage as rival Blue Origin turns to outside investors. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Two architects of Arsenal’s title triumph are likely to have starring roles for their country in pursuit of a place in the World Cup semi-finals It is one of those times when WhatsApp group chats quieten down. Friendships tend to be suspended when a World Cup quarter-final come around and club mates, flung against one another for their countries, turn their eyes towards the biggest prize. Declan R...
Two architects of Arsenal’s title triumph are likely to have starring roles for their country in pursuit of a place in the World Cup semi-finals It is one of those times when WhatsApp group chats quieten down. Friendships tend to be suspended when a World Cup quarter-final come around and club mates, flung against one another for their countries, turn their eyes towards the biggest prize. Declan Rice and Martin Ødegaard will not be exchanging breezy pleasantries in the hours before England face Norway but the levels of respect are off the scale. The clash between two architects of Arsenal’s modern success should be decisive in determining who goes through. They have walked out together 117 times but the 118th, in the stifling heat of Miami, may leave the most lasting mark. These are two players in their prime who may never receive another opportunity this golden. Rice and Ødegaard were born 28 days apart and, partly because of the latter’s fast-tracking into the Norway senior team, did not play against each other at age-group level. Their face-offs have been limited to Mikel Arteta’s intense training sessions at London Colney, where they are depended upon to set standards. They are leaders of differing style and status who will be expected to galvanise their national teams on Saturday. Continue reading...
Kimmeridge Energy Management Co. , an outspoken shale investor, criticized Devon Energy Corp. ’s divestment program as too slow after the driller’s $25 billion takeover of Coterra Energy Inc. It’s the latest sign of frustration from an activist investor that urged Devon in a May letter titled ‘Time for Action’ to shed assets outside of the Permian Basin, the most productive US oil field. Kimmeridg...
Kimmeridge Energy Management Co. , an outspoken shale investor, criticized Devon Energy Corp. ’s divestment program as too slow after the driller’s $25 billion takeover of Coterra Energy Inc. It’s the latest sign of frustration from an activist investor that urged Devon in a May letter titled ‘Time for Action’ to shed assets outside of the Permian Basin, the most productive US oil field. Kimmeridge voted against all of Devon’s directors and the compensation plan at its annual meeting, according to a person familiar with the information who asked not to be identified. “When we published our ‘time for action’ letter in May, we expected the board to respond with the urgency warranted by Devon’s persistent underperformance,” Mark Viviano , managing director at Kimmeridge, said in a statement Thursday. “Unfortunately, the board’s response to date has fallen well short of the urgency the situation demands. This is not what we envisioned when we voted in favor of the transaction.” Devon received an $8 billion offer from Stone Ridge Asset Management for its Marcellus Shale natural gas assets, Reuters reported in late May, citing four anonymous sources. A Devon spokesperson didn’t immediately respond to a request for comment for this article. Little more than two weeks ago, Devon Chief Executive Officer Clay Gaspar told investors in New York that the company is moving with haste to evaluate its portfolio, calling it a months-long rather than a years-long exercise. Read More: Devon Sees Post-Coterra Asset Review Taking Months, Not Years Outside of the Permian, Devon has oil and gas assets in the Rocky Mountains, the Anadarko Basin of Oklahoma, the Eagle Ford in South Texas and the Marcellus in Pennsylvania.
Bullish sentiment among individual investors surged, while bearish views declined, according to the latest survey conducted by the American Association of Individual Investors (AAII). The American Association of Individual Investors said in its survey that the bullish camp rose to 36.3% for the week ended July 8, up from 31.4% in the prior week. Meanwhile, bearish sentiment fell to 37.2% from 42.3...
Bullish sentiment among individual investors surged, while bearish views declined, according to the latest survey conducted by the American Association of Individual Investors (AAII). The American Association of Individual Investors said in its survey that the bullish camp rose to 36.3% for the week ended July 8, up from 31.4% in the prior week. Meanwhile, bearish sentiment fell to 37.2% from 42.3% the week before. Markets were volatile but remained relatively resilient despite escalating geopolitical tensions in the Middle East. Technology stocks held up relatively well, with strength in memory-chip companies offseting weakness in several other sectors. According to AAII, neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months, was flat at 26.5%, compared to 26.4% last week. The survey has been conducted by the American Association of Individual Investors since 1987, in which it asks respondents for their thoughts on where the market is heading in the next six months. S&P 500 Tracking Funds: (MUTF: FXAIX ), (MUTF: VFIAX ), (MUTF: VFFSX ), (MUTF: SWPPX ), (NYSEARCA: SPY ), (NYSEARCA: VOO ), (NYSEARCA: IVV ), (NYSEARCA: RSP ), (NYSEARCA: SSO ), (NYSEARCA: SH ), (NYSEARCA:SDS), and (NYSEARCA: SPXU ). More on Iran Conflict Reorders The Bond Market's Hierarchy Of Havens HawkEye 360: The Post-IPO Selloff Has Created A Compelling Entry Point Simply Good Foods: The Bar Is Set Low Porsche loses traction as sales fall to lowest level in six years Fortuna expects Senegal gold project permit within weeks - Reuters
(RTTNews) - Despite staying quite sluggish till around mid-afternoon, the Switzerland stock market closed modestly higher on Thursday thanks to some brisk buying at select counters in the final hour of the session.
(RTTNews) - Despite staying quite sluggish till around mid-afternoon, the Switzerland stock market closed modestly higher on Thursday thanks to some brisk buying at select counters in the final hour of the session.
Luis Alvarez/DigitalVision via Getty Images Domo, Inc. ( DOMO ) has seen its stock fall off by over 75% in the past year. Recently the stock has seen a strong rebound from its lows in the middle of June. I first r eviewed the stock towards the end of last year. I chose to avoid the stock at the time for a handful of reasons. Since then the stock went from around $11.39 to a low of $1.84 seen in th...
Luis Alvarez/DigitalVision via Getty Images Domo, Inc. ( DOMO ) has seen its stock fall off by over 75% in the past year. Recently the stock has seen a strong rebound from its lows in the middle of June. I first r eviewed the stock towards the end of last year. I chose to avoid the stock at the time for a handful of reasons. Since then the stock went from around $11.39 to a low of $1.84 seen in the middle of June and then experienced a solid rebound to the current trading price of just over $3.50 a share. Overall, you cannot argue that the stock has been a poor performer, and lately it's been a bit of a roller coaster ride. Seeking Alpha I avoided the stock when I reviewed it at the end of last year for a couple of reasons. The first and main reason was the lack of growth or any signs of growth coming from the company. It had seen its business stagnate. It was also entering the world of AI. The company has the potential to find its place within the new AI world, or it is at risk of being replaced by it. The other concern that came about due to the lack of growth was financial stress. The company was carrying a lot of debt at the time with not a lot of cash. The businesses needed growth to drive profits to pay down debts. Both these issues have become worse over the past 6 months. This drove the company to enter into a forbearance agreement with its lender. The company has taken a strategic review of the business and is looking for a buyer. The news of selling the business is what caused the most recent stock jump. I don’t see a lot of value in the business as a standalone entity. There is potential for a suitor to come along and pay a premium for the company. I am not willing to take the risk for the potential reward on the stock at the moment. Financials First off, I want to review the financial performance of the company to see the value on a standalone basis for the company. If no acquisition were to happen, would the stock be worth buying? The company has seen i...
Money is flooding into the space economy, from SpaceX's record IPO to Blue Origin's first outside fundraising effort. But while capital is abundant, rocket launches are not. Founders Fund Partner and Varda Space Chairman Delian Asparouhov explains why access to space could become the industry's biggest bottleneck. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Money is flooding into the space economy, from SpaceX's record IPO to Blue Origin's first outside fundraising effort. But while capital is abundant, rocket launches are not. Founders Fund Partner and Varda Space Chairman Delian Asparouhov explains why access to space could become the industry's biggest bottleneck. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Motorists purchase gas at a station on June 09, 2026 in Chicago, Illinois. Scott Olson | Getty Images With the U.S. and Iran exchanging strikes once again — and the status of when normal traffic flows in the Strait of Hormuz will return in doubt — traders on prediction market platform Kalshi think gas prices will likely still be elevated for longer now. Speculators think there's a 75% chance that ...
Motorists purchase gas at a station on June 09, 2026 in Chicago, Illinois. Scott Olson | Getty Images With the U.S. and Iran exchanging strikes once again — and the status of when normal traffic flows in the Strait of Hormuz will return in doubt — traders on prediction market platform Kalshi think gas prices will likely still be elevated for longer now. Speculators think there's a 75% chance that gas prices on election day, Nov. 3, will be above $3.50 per gallon, and place 39% odds that prices will be above $3.75. Before the recent developments in the Middle East, those odds were as low as 37% and 22%, respectively. The contract is resolved using data from AAA's national average of gas prices . Stock Chart Icon Stock chart icon WTI Crude 5-day chart. On Thursday, the national average of gas prices was at $3.84, according to AAA, up 5 cents from the day prior. The rise comes as U.S. oil prices rose as high as $75 per barrel on Wednesday , up from around $68 per barrel on Monday. However, WTI eased to below $72 per barrel on Thursday. While traders on Kalshi think gas prices will remain higher for longer, they also don't see them returning to new highs. They give just a 43% chance gas prices cross $4.60 this year, although that's up from about a one-in-three chance before the U.S. and Iran began hostilities again. The high for gas prices in 2026 was on May 21, when the average hit $4.56. Before the war with Iran began, the national average for U.S. gas prices was below $3 per gallon. Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.