Tuesday, May 6, 2025, 10:20 am
Palantir’s stock took a steep dive as quarterly earnings left investors unimpressed amid rising international caution. Both reports underscore missed targets and growing concerns about future growth, sending a clear message that even tech powerhouses aren’t immune to market turbulence – a harsh reality wrapped in fiscal irony.
Bluesky: @wittywebhandle.bsky.social
Palantir also raised its full-year revenue outlook to between US$3.89 billion and US$3.90 billion.
Palantir fell more than 10% even after the company hiked its guidance as AI demand fueled revenue growth.
Palantir shares dive after quarterly results fail to impress investors Reuters
permalink / 3 stories from sources in 30 hours ago #stockmarket #earnings #business #palantir
OpenAI has launched its “OpenAI for Countries” initiative, aiming to help governments build local AI infrastructure. The move is geared to meet soaring international demand, and while bureaucratic hurdles may abound, the partnership promises a bold step toward truly global AI integration. More...
Industry leaders are upbeat as reports suggest the Trump administration will rescind global export curbs on semiconductor technology, easing restrictions that had rattled companies like Nvidia. This potential policy shift could unlock new market opportunities amid escalating international tech tensions. More...
In a significant legal win, a US appeals court denied the FTC’s bid to block Microsoft’s massive Activision Blizzard acquisition. The ruling effectively clears the final hurdle for the tech giant, marking a decisive victory over regulatory challenges and a robust push through mega-tech consolidation. More...
In a dramatic turn at an antitrust hearing, Apple’s services chief Eddy Cue warned that rapid AI advances might soon render the iPhone – and even traditional search engines – as outdated as floppy disks. Investors are left scratching their heads as tech history seems ready for another rewrite. More...
Apple is rethinking its flagship Safari browser by injecting AI-powered search capabilities that dare to rival Google. The company’s renewed search strategy comes amid market jitters and plenty of bravado, sparking ripples in tech circles while analysts watch with buoyant skepticism. More...
Trump tariff proposal shakes markets and industry outlook (37 hours ago)
Palantir CEO’s Bold Guidance and Shareholder Letter (2 days ago)
Berkshire Hathaway Boldly Transitions Leadership as Buffett Picks Long-Deputy Abel (3 days ago)
CrowdStrike Announces Global Workforce Reduction to Drive Efficiency (6 hours ago)
Apple Watch Sales Falter Amid Lack of New Models (6 hours ago)
EA's Split Fiction Exceeds Sales Hopes with Nearly 4 Million Sales (9 hours ago)
Ford Adjusts Vehicle Prices Amid Tariff Pressure (4 hours ago)
CrowdStrike Announces Global Workforce Reduction to Drive Efficiency (6 hours ago)
Sony TeamLFG Emerges From Ex-Bungie Roster Shake-Up (6 hours ago)
Palantir CEO’s Bold Guidance and Shareholder Letter (2 days ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.