Elon Musk’s net worth surpassed $800 billion after SpaceX shares surged 11.7% to a three-week high, driven by strong quarterly revenue of $7.8 billion and reduced net losses. Despite increased spending, particularly on AI, SpaceX beat Wall Street estimates and expects revenue to exceed $1 trillion by 2029. This rebound follows a recent dip below $700 billion tied to a drop in SpaceX stock. The tech rally also lifted shares of Palantir, Cloudflare, and Microchip amid a weak jobs report.
The GraniteShares 2x Long PLTR Daily ETF (PTIR) jumped 18% following Palantir Technologies' impressive Q2 earnings report and a weak U.S. jobs report that lowered the chances of an imminent Federal Reserve rate hike. Palantir's revenue grew nearly 93...
Major tech stocks surged following a weaker-than-expected jobs report for July, which showed a drop in payrolls. SpaceX shares jumped 11% from a recent low, despite being down 16% since their June debut. Palantir rose 8.4%, continuing a strong weekly...
The Direxion Daily PLTR Bull 2X Shares (PLTU), a leveraged ETF designed to deliver twice the daily returns of Palantir stock, surged 63.76% in one week following Palantir's strong Q2 2026 earnings report. Despite this short-term gain, PLTU has lost o...
Palantir Technologies, known for its government software contracts, has launched a line of patriotic apparel featuring its chevron logo, attracting a dedicated fan base among retail investors and supporters of American tech and national security. The...
Palantir Technologies' stock has fallen nearly 11% year-to-date in 2026, validating investor Michael Burry's bearish position established via put options in late 2025. Despite the stock decline, Palantir's business continues to grow strongly, with re...
