Palantir's stock dropped 3% to around $130 despite Wolfe Research upgrading its rating from "Underperform" to "Peer Perform." Wolfe praised Palantir's strong AI platform and growth but stopped short of a buy recommendation due to high valuation multiples. The company reported strong Q1 2026 revenue growth of 85% and raised its full-year revenue guidance, yet the stock remains down 26% for the year and below key moving averages. Investors are advised to watch for confirmation of a bottom ahead of the Q3 earnings report in August, as sentiment and insider selling remain cautious.
Palantir reported an 85% increase in revenue while keeping operating expenses to a 32% rise, resulting in 60% adjusted operating margins and 57% free cash flow margins. The company's earnings and free cash flow are growing faster than sales due to st...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
Tech investor Chamath Palihapitiya warned that the rising costs of artificial intelligence (AI) usage might negatively impact some companies' earnings. He highlighted that many CEOs and CFOs are unaware of the extent of AI-related spending, which cou...
The REX AI Equity Premium Income ETF (AIPI) changed its distribution schedule from monthly to weekly payments while maintaining a similar annual yield near 35%. The fund generates income by selling call options on AI-focused stocks like Palantir and ...
Palantir (PLTR) is rated a buy due to its accelerating growth, expanding profit margins, and a strong business model. The company reported an impressive 85% year-over-year revenue growth and a 60% adjusted operating margin, outperforming many softwar...
