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Even Big Profits Aren’t Enough to Keep Chip Investors Happy
The Wall Street Journal7d 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.7d 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
TheStreet7d 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
Bloomberg7d 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.

Palantir Technologies shares surge after earnings beat
Proactive7d agobullish
Palantir Technologies shares surge after earnings beat

Palantir Technologies Inc (NYSE:PLTR) shares jumped 20% to about $152 in early trade on Tuesday the company reported second quarter 2026 results that exceeded Wall Street expectations for both earnings and revenue. The company reported adjusted earnings per share of $0.41, compared with the...

Morning Bid: Earnings overload
Reuters7d agoneutral
Morning Bid: Earnings overload

August 4 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets World markets turned quieter on Tuesday after yesterday's equity rally and oil