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Palantir Technologies (PLTR) Lifted Guidance Following A 93% Revenue Jump, Is It Still Undervalued?
Simply Wall St.2h agobullish
Palantir Technologies (PLTR) Lifted Guidance Following A 93% Revenue Jump, Is It Still Undervalued?

Palantir Technologies (PLTR) has just posted a 93% year over year revenue increase in its second quarter, supported by especially strong U.S. commercial demand and higher full year and third quarter guidance. See our latest analysis for Palantir Technologies. Palantir Technologies’ shares jumped 29.45% on a 1 day basis after the Q2 release and the 7 day share price return of 32.24% points to strong short term momentum, even though the year to date share price return is still down 3.10% and...

Verizon (VZ) Faces A New Threat As SpaceX Plans A Mobile Network
Simply Wall St.2h agoneutral
Verizon (VZ) Faces A New Threat As SpaceX Plans A Mobile Network

SpaceX plans to launch a terrestrial mobile network that will compete directly with Verizon and other major U.S. carriers. The company aims to use its existing Starlink satellite broadband system and new land-based assets to offer enhanced mobile services by 2027. This move targets the same consumer and enterprise segments that Verizon Communications (NYSE:VZ) currently serves. For Verizon Communications, the new SpaceX plan adds another layer of competition on top of ongoing 5G rollouts...

Innoviz Technologies Q2 Earnings Call Highlights
MarketBeat2h agoneutral
Innoviz Technologies Q2 Earnings Call Highlights

Innoviz Technologies (NASDAQ:INVZ) reported record second-quarter revenue of $18.1 million as higher recognition of non-recurring engineering, or NRE, revenue tied to customer milestones helped lift results. The lidar developer also said it is expanding into defense and homeland-security application

What’s the ‘Ceiling’ on How Much Microsoft, Amazon, and Google Can Spend on AI?
24/7 Wall St.2h agoneutralVIDEO
What’s the ‘Ceiling’ on How Much Microsoft, Amazon, and Google Can Spend on AI?

In this segment of the AI Investor Podcast from 24/7 Wall St., Eric Bleeker lays out his framework for evaluating the AI trade, describing it as a stool resting on three legs: technological progress, real-world adoption, and the ability to finance the buildout. Two legs he considers extremely strong. On progress, he points to Nvidia's backing of a straight-shot superintelligence effort, ongoing gains in training and model capability, and expectations of highly capable autonomous models at roughly human level, at scale, within a year. On adoption, he cites OpenAI's monthly revenue now exceeding its prior full quarter, Microsoft noting that 90% of cloud demand comes from outside the frontier labs, and Google's 82% cloud growth. Adoption is uneven, concentrated among a relatively small group of heavy users, but strong. Financing is the weak leg and the source of most current fear. Bleeker estimates $700 to $800 billion in AI data center spending this year, growing to roughly $1.2 trillion next year, against a financing ceiling he places somewhere between $1.5 and $2 trillion annually. With 2028 expectations near $1.4 trillion, the market is approaching that ceiling, which is why valuation now dominates stock selection. A company historically worth 15 times earnings trading at 40 times its 2028 or 2029 numbers is hard to defend. He closes with three points: the selloff is likely closer to its end than its beginning, macro risks remain including a possible September rate rise and soft GDP, and for anyone sidelined by prior valuations, this is arguably the most attractive entry point since spring 2025.

Zoox's big bet on robotaxis starts in Las Vegas
Axios2h agoneutral
Zoox's big bet on robotaxis starts in Las Vegas

Amazon-owned Zoox is about to start scaling its robotaxi service after federal regulators last week cleared it to charge for rides in its driverless vehicles with no steering wheel or other human controls.

Tech Stocks Pull Back After Dominating Yesterday's Rally
Barrons.com2h agobullish
Tech Stocks Pull Back After Dominating Yesterday's Rally

Tech stocks were taking a breather during Wednesday's session after leading yesterday's rally. The Nasdaq Composite was down 0.3%, while the S&P 500 fell to the flatline. The second-quarter earnings season is ongoing, and companies that deliver beats on the top and bottom lines have seen muted stock reactions.

NUGT and AGQ Jump Big as Gold and Silver Rally
24/7 Wall St.2h agobullish
NUGT and AGQ Jump Big as Gold and Silver Rally

Gold and silver sparked a chain reaction across leveraged ETFs today, but the mechanics behind those eye-catching percentage gains tell a more complicated story about what these instruments actually deliver over time.