Palantir Technologies' stock surged 7% after announcing an expanded alliance with PwC US to develop an AI-native deals platform aimed at speeding transactions and cutting costs. This move counters Michael Burry's renewed bearish stance, which criticized Palantir's receivables quality and valuation. The rally also lifted other enterprise AI software stocks like ServiceNow and Salesforce, reflecting broader sector enthusiasm. However, Palantir's revenue impact from the alliance remains undisclosed, and concerns about receivables quality persist, making the sustainability of the rally uncertain.
Palantir's stock surged in August and early September but predictive AI models forecast a correction by September 2026, with prices potentially falling around 8% from current levels. Various AI models show mixed predictions, ranging from a slight ris...
PwC US and Palantir Technologies have expanded their strategic alliance to help organizations leverage AI and data for transforming key business operations. The collaboration focuses on scaling enterprise AI, accelerating mergers and acquisitions wit...
Palantir won a U.S. Army contract to produce eight next-gen AI targeting systems, moving the TITAN program from prototype to production. Despite this defense win, Palantir's stock fell 7% due to its classification as a high-multiple software company ...
Super Micro Computer's stock surged over 30% in August following strong Q4 fiscal results showing 93% revenue growth and a significant margin improvement. Despite CEO Charles Liang's positive outlook and a $60 billion order backlog, Jim Cramer remain...
Former Ukrainian Defense Minister Mykhailo Fedorov is starting a defense technology company backed by Palantir CEO Alex Karp, who will be the lead investor. The startup aims to convert Ukraine's wartime tech experience into products for Ukraine and i...
