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Palantir Cashes In on Its Early SpaceX Bet As IPO Windfall Juices Quarterly Earnings
Benzinga1d agobearish
Palantir Cashes In on Its Early SpaceX Bet As IPO Windfall Juices Quarterly Earnings

Palantir Technologies Inc. (NASDAQ:PLTR) reported unrealized gains from its investment in Space Exploration Technologies Corp. (NASDAQ:SPCX), boosting its second-quarter earnings, making it the latest major technology company to benefit from the Elon Musk-led company’s blockbuster public debut. SpaceX Stake Added to Quarterly Earnings During the company’s second-quarter earnings call on Monday, CFO David Glazer said unrealized gains from the company’s SpaceX investment contributed $0.03 to GAAP

Cathie Wood makes striking Palantir move as shares tumble
TheStreet39d agobearish
Cathie Wood makes striking Palantir move as shares tumble

Palantir Technologies (PLTR) is emerging as one of the market’s trickiest AI plays. The company is closely related to the AI boom with its government data platforms, commercial software and artificial intelligence platform. But investors now are seeing such exposure less as a clear tailwind and ...

Cathie Wood sells $8.7 million of tumbling AI stock
TheStreet47d agobearish
Cathie Wood sells $8.7 million of tumbling AI stock

Cathie Wood, head of Ark Investment Management, is known for making bold bets on disruptive tech companies. Yet Wood recently reduced one of her favorite investments, Palantir, after the stock fell roughly 28% year to date. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the ...

SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.
24/7 Wall St.63d agobearish
SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.

While SpaceX’s anticipated public debut has Wall Street salivating over what could be the most consequential IPO in a decade, the historical record offers a sobering warning. The company filed its S-1 in May, outlining three business segments: Space (Falcon and Starship launch services), Connectivity (the Starlink broadband network), and AI (X and Grok subscriptions). ... SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.

The Fed Could Crush Trump’s Bull Market — Here’s the Warning Wall Street Is Missing
24/7 Wall St.93d agobearish
The Fed Could Crush Trump’s Bull Market — Here’s the Warning Wall Street Is Missing

Markets have spent months betting that President Donald Trump’s second-term agenda would extend the rally that pushed the S&P 500 to repeated highs. Tax cuts, deregulation, and aggressive reshoring policies are all catnip for investors. Since Election Day, cyclical sectors like industrials, banks, and small-cap stocks have outpaced the broader market as traders priced in ... The Fed Could Crush Trump’s Bull Market — Here’s the Warning Wall Street Is Missing