This AI dark horse sector keeps winning. Stick with the trade, analyst says
The story for this sector is that ‘winners keep winning,’ Wolfe analyst Steve Fleishman said.
Palantir tops estimates on 85% revenue growth, fastest expansion since market debut in 2020
Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.
Ryan Cohen makes a longshot run at eBay. Analysts see little chance GameStop can pull it off
One eBay owner said that it’s “disconcerting to pump and dump, if that is how it plays out.”
Novo Nordisk’s Wegovy pill head start forces investors to rethink Eli Lilly’s GLP-1 dominance
Early signs from the launch of Novo Nordisk’s Wegovy pill and Eli Lilly & Co.’s Foundayo are making investors rethink the opportunity for GLP-1 pills.
Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
The move marks Anthropic’s latest effort to deepen its lead in the market for enterprise AI as competition intensifies with rivals including OpenAI
How Spirit Airlines’ demise will benefit rivals — and raise airfares even more
Spirit Airlines’ collapse will give some carriers more pricing power as they race to capture Spirit’s customers.
Stocks making the biggest moves midday: Berkshire, AMD, Circle, FedEx, UPS & more
These are some of the stocks posting the largest moves in midday trading.
UAE says it’s under attack from Iranian missiles and drones despite ceasefire
The reported development further frays the temporary truce, which was already being strained by new U.S. military actions in the Strait of Hormuz.
Circle jumps 16% on Clarity Act compromise that preserves stablecoin rewards
Lawmakers over the weekend reached a compromise on the market structure bill known as the CLARITY Act that keeps stablecoin reward programs intact.
Musk texted OpenAI’s Brockman about settlement two days before trial began
Elon Musk co-founded OpenAI in 2015 and sued the company, President Greg Brockman and CEO Sam Altman in 2024.