Palantir Technologies Inc (NYSE:PLTR) experiences wild fluctuations in shares as positive momentum continues post a recent surge. The surge was prompted by favorable remarks from Wedbush analysts, generating excitement among investors. Wedbush analyst Dan Ives made an impressive entrance by initiating coverage on Palantir last Friday, issuing an Outperform rating along with a $25 price…
Elon Musk’s Starlink Empowers Ukraine Amidst Crisis, Raising Global Concerns During the 2022 Russian invasion, Starlink, SpaceX’s satellite internet service, came to Ukraine’s aid by providing crucial communication support amid outages. However, concerns are mounting globally over Musk’s significant influence on the technology. Countries, including Ukraine, have reached out to the United States to assess…
OpenAI, the company behind the popular AI system ChatGPT, has taken a step towards the future by filing a trademark application for ChatGPT-5. The news was shared by trademark lawyer Josh Gerben in a tweet on Monday, revealing that the filing was made with the USPTO on July 18th. Since the successful launch of ChatGPT…
Tech giant Amazon (AMZN) announced a 20-for-1 split its stock last week. This caught the markets attention as the Pavlovian response is to buy shares into and post-split. Shares of Amazon (AMZN) initially rallied 6% on news. It has had difficulty holding those gains in a tough tape. Peers Apple (AAPL) and Tesla (TSLA) saw…
The pandemic accelerated the corporate world’s digital transformation. Enterprise cloud computing solution provider Salesforce.com (CRM) benefitted from the adoption. However, shares of CRM have fallen 30% from early November peaks. Valuation was a concern as investors headed for the hills in a rising rate environment. CRM saw additional headwinds around fears that orders were being…
