This week, US markets focus on April's jobs report, expected to show slower hiring and steady unemployment near 4.3%, influencing Federal Reserve rate expectations. Key data includes the JOLTS job openings, ADP private payrolls, and weekly jobless claims. Big Tech earnings from Palantir, AMD, and Arm will also draw attention amid ongoing geopolitical risks affecting energy markets. Market direction hinges on whether employment data confirms strength or signals a slowdown, impacting Fed policy and tech sector investment flows.
Palantir Technologies stock rose 5% and Cloudflare gained 3% amid a broad market rally driven by a U.S.-Iran peace deal that revived investor risk appetite. Both companies are key players in AI and security software, sectors favored in the current ri...
Billionaire investor Dan Loeb admitted he made a major mistake by selling his private stake in Palantir Technologies when the stock was in the $20 range. After Palantir went public, its shares surged roughly 8 to 10 times higher, causing Loeb to miss...
Marvell Technology's shares surged 8% to around $273 on June 11, continuing a 57% rally over the past month as it prepares to join the S&P 500 on June 22. The stock's rise is driven by strong AI-related revenue growth and endorsements from industry l...
SpaceX begins trading under ticker SPCX, marking a new category of 'strategic tech' companies that combine rapid growth with national security importance. Unlike traditional defense contractors, SpaceX operates commercial ventures like Starlink along...
Snowflake delivered its strongest sequential growth quarter ever, with product revenue up 34% year-over-year and a raised full-year revenue forecast. Its valuation is significantly lower than Palantir's, with better free cash flow yield and multi-yea...
