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Cathie Wood sells $17 million of popular AI stock
TheStreet48d agobearish
Cathie Wood sells $17 million of popular AI stock

Cathie Wood, head of Ark Investment Management, often trades around earnings, taking advantage of sharp moves in some of her favorite tech stocks. That's exactly what she's doing with Palantir, trimming her position after the stock rallied following its latest earnings report. In 2025, the flagship ...

Innodata Q2 Earnings Call Highlights
MarketBeat49d agoneutral
Innodata Q2 Earnings Call Highlights

Innodata (NASDAQ:INOD) reported record second-quarter results for 2026, with revenue, adjusted gross profit, adjusted EBITDA and cash reaching new highs as the company continued to expand its work with AI model developers and large technology customers. Revenue for the quarter was $92.1 million, up

Palantir’s blowout quarter creates dangerous new question
TheStreet50d agoneutral
Palantir’s blowout quarter creates dangerous new question

Palantir Technologies (PLTR) has posted the kind of earnings report that makes a pricey company seem nearly fair. Revenue surged 93% year over year. U.S. commercial sales jumped 149%. Government revenue climbed 90%. Profit margins expanded while growth accelerated, an unusual combination for any ...

Veteran analyst rethinks Palantir stock after earnings
TheStreet50d agoneutral
Veteran analyst rethinks Palantir stock after earnings

Palantir stock has struggled for months, but the company may have just given investors some hope again. Shares of Palantir surged 29.45% on Aug. 4, the trading day after Palantir reported second-quarter results that topped Wall Street's expectations. The company posted adjusted earnings of 41 cents ...

Bloomberg50d agoneutral
Tech Melt-Up Drives $3.5 Trillion Nasdaq 100 Gain in Four Days

(Bloomberg) -- A dramatic turnaround in technology stocks has powered a $3.5 trillion increase in the Nasdaq 100’s market capitalization in just four days, driven by strong earnings that have emboldened investors about the AI outlook.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersS

Even Big Profits Aren’t Enough to Keep Chip Investors Happy
The Wall Street Journal51d agoneutral
Even Big Profits Aren’t Enough to Keep Chip Investors Happy

Korean memory-chip manufacturer SK Hynix late last month booked roughly $65 billion in profit for the quarter ended June 30, a 13-fold increase from last year. Hynix earned almost as much money in 90 days as it had in the prior 29 years since its IPO, total. The reports, though outstanding on basically every measure, still fell short of Wall Street’s sky-high expectations for chip companies.

Palantir Surges 30% as CEO Slams Rival AI Labs
24/7 Wall St.51d agobullish
Palantir Surges 30% as CEO Slams Rival AI Labs

Palantir just posted its biggest single-day earnings surge ever, and CEO Alex Karp spent the moment torching the frontier AI labs instead of celebrating. Here is why the market finally believes him.

Palantir CEO escalates Microsoft’s AI warning
TheStreet51d agoneutral
Palantir CEO escalates Microsoft’s AI warning

Last month, Satya Nadella sounded the alarm for corporate America by questioning the true cost of enterprise AI. The Microsoft (MSFT) CEO argued that businesses are essentially paying twice for using AI services: once for the intelligence and again for the proprietary knowledge they must give ...

Palantir Jumps After 'Otherworldly' Demand Lifts Outlook
Bloomberg51d agobullishVIDEO
Palantir Jumps After 'Otherworldly' Demand Lifts Outlook

Palantir Technologies jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as "otherworldly." Bloomberg's Mandeep Singh joins to discuss this as well as how Anthropic has struck a deal for computing capacity from Volta Infra Holdings Ltd., a months-old infrastructure startup, to keep pace with demand for its products.