Palantir Technologies stock falls over 30% from its peak amid high price-to-earnings ratio scrutiny despite strong profitability. Palantir Technologies (NASDAQ: PLTR) has declined approximately 20% year to date, extending its drop to more than 30% below its late-2025 peak.
Nvidia stock forecast reset after meeting with CFO Bank of America analysts met with Nvidia CFO Colette Kress and investor-relations executive Stewart Stecker. The meeting led to a reset of the Nvidia stock forecast. Nvidia stock has grown significantly, with a $
Tema Electrification ETF surged 38% year-to-date, driven by AI-driven power infrastructure needs, outpacing the S&P 500's 11% gain. A $10,000 investment in the Tema Electrification ETF (VOLT) on December 31, 2025, grew to $13,750 by June 4, 2026, a 38% gain. The S&P 500 (S
Anthropic's valuation hits $965 billion ahead of IPO Anthropic has filed confidentially with the Securities and Exchange Commission for an initial public offering. The company's valuation has reached $965 billion, indicating strong investor interest. Anthropic co
WidePoint Corporation reported Q1 net income of $77,000 after revenue climbed to $40.6 million, reversing a year-ago loss. WidePoint Corporation (WYY) swung to a first-quarter profit of $77,000, or $0.01 per share, as revenue rose $7.1 million year-over-year to $40.6 milli
UWM Holdings urges Two Harbors shareholders to reject a rival bid, proposing a higher $12.50 per share cash or stock deal. UWM Holdings Corporation (UWMC) publicly criticized Two Harbors’ board for delaying a shareholder vote on the CCM transaction, arguing its $12.50 per
Dell's AI server backlog hits $51.3 billion Dell has reported a significant surge in demand for AI-optimized servers, with revenue reaching $16 billion in the first quarter. This is a substantial increase from the $2 billion reported last year. The company'
Salesforce reports accelerating growth driven by AI adoption and an $8 billion acquisition, though shares remain down in 2026. Salesforce posted fiscal first-quarter revenue of $11.1 billion, up 13% year over year, marking an acceleration from 9% growth in the prior quarte
Marvell's market cap reaches $278 billion after Nvidia CEO's endorsement Nvidia CEO Jensen Huang has expressed confidence in Marvell Technology, stating that the company's chips are essential for optimizing data centers. Marvell specializes in optical interconnect chi
Lilly cites Germany’s drug pricing reforms as it redirects capital to U.S. sites amid rising state insurance fund deficits. Eli Lilly will cut its planned investment in Germany by 1.15 billion euros, reducing its commitment to 1.15 billion euros from an original 2.3 billio
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