Palantir Technologies (NasdaqGS:PLTR) received expanded authorization from the U.S. Defense Information Systems Agency to deploy its cloud and AI platforms on-premises and at the tactical edge for government clients. The company renewed its multi-year contract with Airbus, continuing to power the Skywise aviation data platform and support migration to sovereign cloud environments. These developmen...
Palantir Technologies (NasdaqGS:PLTR) received expanded authorization from the U.S. Defense Information Systems Agency to deploy its cloud and AI platforms on-premises and at the tactical edge for government clients. The company renewed its multi-year contract with Airbus, continuing to power the Skywise aviation data platform and support migration to sovereign cloud environments. These developments arrive as Palantir remains a focal point of Wall Street debate, including a bearish stance...
D-keine | E+ | Getty Images The average tax refund is 10.9% higher so far this season, compared to about the same point in 2025, according to early filing data from the IRS. The 2026 tax season opened Jan. 26 , and the average refund amount was $2,290 as of Feb. 6, up from $2,065 about one year prior, the IRS reported Friday night. That figure reflects current-year returns only. Earlier on Friday,...
D-keine | E+ | Getty Images The average tax refund is 10.9% higher so far this season, compared to about the same point in 2025, according to early filing data from the IRS. The 2026 tax season opened Jan. 26 , and the average refund amount was $2,290 as of Feb. 6, up from $2,065 about one year prior, the IRS reported Friday night. That figure reflects current-year returns only. Earlier on Friday, Treasury Secretary and acting IRS Commissioner Scott Bessent told CNBC's "Squawk Box" that refunds were up 22%. But it was unclear how many days of returns Bessent's figure reflected or what comparison period he used. The Treasury Department did not immediately respond to a request for comment. Read more CNBC personal finance coverage Early estimates point to lower Social Security COLA for 2027 Senators call for longer Social Security Fairness Act lump-sum payment timeline Here's the inflation breakdown for January 2026 — in one chart Average tax refund is up 22%, Bessent says — what filers can expect this season K-shaped economy looks like 'jaws of a crocodile,' economist says: Here's why How EPA 'endangerment finding' repeal could impact your wallet Medical emergencies can lead to debt and bankruptcy — even for insured Americans Bigger tax refunds may be coming — but missing key forms could risk an audit How Social Security Fairness Act payments may affect beneficiaries' taxes Credit card debt tops $1.28 trillion, consistent with 'K-shaped' economy: NY Fed How affordability led to a chasm between stock prices, consumer optimism Student loan complaints at record high, CFPB finds, but agency omits details Following Super Bowl ad, Trump accounts launch a new sign-up option Some student loan borrowers wait over a year for public servant debt forgiveness Trump's 'big beautiful bill' may spur the rise of 'un-college,' experts say First the quarter zip, now a '401(k) mullet' — what trends say about the economy CNBC's Financial Advisor 100: Best financial advisors, top firms ran...
India Explores Gas Power Boost To Stabilize Grid During Peak Hours By Tsvetana Paraskova of OilPrice.com , India considers boosting the run rates of its gas-fired power plants during evening peak hours to support the grid amid the surge in renewable power generation, India’s Power Secretary Pankaj Agarwal said on Friday. “For the last three years we have been studying whether gas plants can run fo...
India Explores Gas Power Boost To Stabilize Grid During Peak Hours By Tsvetana Paraskova of OilPrice.com , India considers boosting the run rates of its gas-fired power plants during evening peak hours to support the grid amid the surge in renewable power generation, India’s Power Secretary Pankaj Agarwal said on Friday. “For the last three years we have been studying whether gas plants can run for eight hours in the evening and remain shut during the rest of the day,” Agarwal said at a meeting with power plant executives, as carried by Reuters . India has reduced in recent years its gas-fired power fleet from 25 gigawatts to 20 GW, due to idled plants for years that are now unfit to operate. However, the country, where coal remains king but renewables rapidly expand, looks to keep the 20 GW gas-fired capacity to provide flexible baseload capacity to offset the intermittency of solar and wind power. India is expected to import about 29 million tons of LNG this year, while its goal to almost double the share of gas in the energy mix to 15% will need import capacity of around 100 million tons, Kumar Singh, chief executive at Petronet Ltd, the biggest Indian LNG importer, said at the India Energy Week conference last month. India, however, needs liquefied natural gas prices in Asia to nearly halve from current levels in order to significantly raise LNG imports and consumption, the executive added. India is in no hurry to sign long-term LNG delivery deals as the country’s price-sensitive buyers stall talks and wait for the coming supply glut to pressure sellers into agreeing to lower prices. But later this year, the LNG market is expected to tilt into oversupply and in a buyer’s market, in which India - and other price-sensitive buyers in Asia - could have the upper hand in negotiations with long-term LNG sellers. Meanwhile, NITI Aayog, the policy think tank of the Indian government, said this week that India’s coal demand could more than double by 2050 from current lev...
Driven by the global memory chip shortage, Micron Technology has enjoyed exceptional pricing power, an advantage that strongly supports the continued momentum in its stock.
Driven by the global memory chip shortage, Micron Technology has enjoyed exceptional pricing power, an advantage that strongly supports the continued momentum in its stock.