Palantir stock drops 7% on valuation concerns as CEO Karp rips short seller ‘market manipulation’
Wall Street analysts raised concerns about Palantir’s elevated valuation and famed hedge fund manager Michael Burry revealed a short position.
Wall Street analysts raised concerns about Palantir’s elevated valuation and famed hedge fund manager Michael Burry revealed a short position.
Cryptocurrencies were in the red Tuesday as investors continued their flight from risk-on assets.
Instacart’s AI Solutions, a suite of artificial intelligence tools for grocers, includes agentic inventory tracking and an AI shopping assistant.
Amazon, Target and UPS are laying off thousands of employees, but the reasons behind the cuts go a lot deeper than AI.
Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI Read More »
Amazon is building a subsea fiber-optic cable called Fastnet to connect Maryland’s Eastern shore to County Cork, Ireland.
Here are five key things investors need to know to start the trading day.
CEO Dara Khosrowshahi said the company saw one of its strongest trip volume increases in history.
Uber beats third-quarter revenue expectations Read More »
Managers of the world’s largest sovereign wealth fund said they are “concerned” about the proposed deal.
Norway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay package Read More »
The CEO of Binance has dismissed claims the company went out of its way to boost a Trump-backed stablecoin ahead of pardon of its co-founder Changpeng Zhao.
Binance CEO dismisses claims the firm boosted a Trump crypto venture ahead of CZ pardon Read More »