Palantir Technologies reported an impressive 85% year-over-year revenue increase in Q1, driven by 133% growth in its US Commercial segment and 84% in Government. The company secured 47 deals over $10 million and maintained a net dollar retention rate of 150%. Despite the strong performance and optimistic 2026 guidance, the stock's valuation remains high, with a potential 2030 P/E of 25x assuming growth to 2,500 customers and $6.5 million ARPU. The analyst maintains a Hold rating, noting improved confidence but a need for greater margin of safety before recommending a buy.
Chinese AI startup Moonshot AI's rapid rise with its open-weight Kimi K3 model, which competes with US models, has sparked debate over the practice of AI distillation. Distillation uses outputs from advanced AI models to train others, raising concern...
The AI-driven stock rally in 2026, initially led by semiconductor companies, is expanding to cloud infrastructure, cybersecurity, and software sectors. ETFs like First Trust Cloud Computing (SKYY), First Trust Nasdaq Cybersecurity (CIBR), and iShares...
Tesla reported Q2 earnings with revenue beating expectations but earnings per share missing consensus, leading to a 14.5% stock drop. The bearish options trade on Tesla has captured most potential gains, suggesting investors consider closing the posi...
A coalition of 25 U.S. tech companies, including Nvidia, Microsoft, and Meta, sent a letter urging policymakers to avoid premature restrictions on open-weight AI models, which are freely downloadable and modifiable. This comes amid rising competition...
The US House has authorized a historic $1.15 trillion defense budget for fiscal year 2027, reflecting a strategic response to global military threats from Iran, China, and Russia. This budget supports a multi-year rearmament effort focusing on muniti...
