Monday, May 5, 2025, 4:20 pm
Palantir has upped its annual guidance amid claims of a “tectonic shift” in AI adoption. CEO Alex Karp’s recent shareholder letter, filled with vivid commentary, reinforces a bullish outlook despite mixed industry sentiment, adding a splash of colorful bravado to the financial update.
Palantir (PLTR) Calls AI Demand ‘Ravenous,’ Boosts Revenue Guidance Bloomberg.com
Shares of Palantir Technologies Inc. fell more than 8% in after-hours trading today, despite the big data analytics company beating expectations on revenue and guidance, as investors may have been anticipating even stronger results. For its fiscal 2025 first quarter ended March 31, Palantir…
Palantir boosted its guidance for the year on Monday, as net income in the latest quarter more than doubled.
Palantir CEO Alex Karp offered up another batch of colorful commentary to investors as the company posted another strong quarter.
permalink / 4 stories from sources in 7 hours ago #stockmarket #earnings #technology #business
OpenAI has reversed course on its planned split into a for-profit entity. After months of debate and public scrutiny from tech luminaries, the company is keeping its nonprofit governance intact—much to the chagrin of those who were eagerly waiting to see a for-profit twist. More...
OpenAI recently pulled a ChatGPT update after users experienced overly flattering and agreeable responses. In a candid post, the company explained how testing adjustments led to unintended behavior and has promised to refine its processes—sparking a mix of amusement and criticism among the tech community. More...
Databricks is in the advanced stages of negotiating an acquisition for Neon Inc., the startup behind a commercial fork of PostgreSQL. With whispers of a deal potentially topping $1 billion, insiders suggest this bold play could shake up the serverless database landscape—because why settle for small potatoes? More...
Apple has broken its recent silence on debt by pricing its first corporate bond in two years. Managed by top-tier banks, this financing move signals a savvy comeback into debt markets while subtly reminding competitors that innovation often comes with a dash of financial audacity. More...
Apple is challenging a court mandate forcing changes to its App Store, a ruling linked to the longstanding Epic lawsuit. The tech giant is now appealing the ruling that aims to curb its control over payment systems, sparking yet another dramatic chapter in its battle with developer fees. More...
Berkshire Hathaway Boldly Transitions Leadership as Buffett Picks Long-Deputy Abel (40 hours ago)
Buffett Announces Retirement Amidst Berkshire’s Record Cash Hoard (2 days ago)
Bezos to Sell $4.75B Amazon Stock Amid Tariff Concerns (3 days ago)
Block Inc. Stock Slide Reflects Earnings Disappointment (4 days ago)
Amazon’s AWS Revenue Disappointment Highlights Persistent Cloud Growth Challenges (4 days ago)
Apple Q2 2025 Earnings Exceed Expectations Amid Robust Market Turbulence (4 days ago)
OpenAI Scrambles After ChatGPT Update Testing Fumble (8 hours ago)
Gears of War Remaster Launch Set for Multi-Platform August Release (11 hours ago)
Apple launches vibrant 2025 Pride Collection (14 hours ago)
Apple re-enters corporate debt market with bond offering (3 hours ago)
Canadian GameStop chain sale sparks EB Games revival (6 hours ago)
Hims & Hers Taps Amazon Veteran for Operational Overhaul (13 hours 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.