finance
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The stock market is in a ‘cluster of woe’ that risks seeing steep, abrupt losses, investor who called the 2008 crash says
[ad_1] pidjoe/Getty Images Stock market conditions are among the worst in history, markets guru John Hussman said. The market risks seeing sudden steep declines similar to other periods of weakness like 1987 and 2000. A stock market drop as steep as 65% wouldn’t be surprising, Hussman said. Conditions in the stock market are among the worst in history, and investors…
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These Are the Most Important Numbers From Palantir’s Record Quarter
[ad_1] In this video, I will talk about Palantir‘s (NYSE: PLTR) fourth-quarter earnings report. The fourth quarter was its fifth consecutive quarter with positive generally accepted accounting principles (GAAP) net income, which means it continues to be eligible for inclusion in the S&P 500 index. *Stock prices used were from the trading day of Feb. 5, 2024. The video was…
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Why Super Micro Computer Stock Popped 14% Today
[ad_1] Shares of Super Micro Computer (NASDAQ: SMCI) jumped today, continuing a rally sparked by last Monday’s strong earnings report, even though there was no company-specific news out on the company stock today. Instead, what seemed to drive the stock higher was a bullish note from Goldman Sachs on Nvidia (NASDAQ: NVDA) and the broader AI hardware industry. Nvidia and…
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Palantir forecasts strong 2024 profit on robust AI demand
[ad_1] By Arsheeya Bajwa (Reuters) – Palantir Technologies forecast a full-year profit above Wall Street estimates on Tuesday, as the data analytics company benefits from strong demand for its artificial intelligence offerings. Enterprises are looking to build and deploy their own AI-backed offerings, helping demand for Palantir’s products including its Artificial Intelligence Program, which CEO Alex Karp sees as the…
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Palantir forecasts strong 2024 profit on robust AI demand
[ad_1] By Arsheeya Bajwa Feb 5 (Reuters) – Palantir Technologies forecast a full-year profit above Wall Street estimates on Tuesday, as the data analytics company benefits from strong demand for its artificial intelligence offerings. Enterprises are looking to build and deploy their own AI-backed offerings, helping demand for Palantir’s products including its Artificial Intelligence Program, which CEO Alex Karp sees…
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Got $3,000? 2 Tech Stocks to Buy and Hold for the Long Term
[ad_1] One of the more important qualities an investor can have is patience. The stock market is volatile, and even great companies see their stock prices go through down periods. What’s important, though, is the long-term value you receive. If you have an emergency fund saved and high-interest debt paid down, here are two stocks in which you should consider…
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2024 profit outlook, updated EV/hybrid gameplan key items to watch
[ad_1] Ford (F) is on deck to report results for the fourth quarter and the full year after the bell on Tuesday, with its changing EV game plan in focus as the company shifts to hybrid production. The results come after GM reported strong results and profit guidance that indicated strength in the overall US auto sector. For the quarter,…
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Tesla falls after report of SAP snub, Piper Sandler price target cut
[ad_1] (Reuters) – Shares of Tesla fell nearly 6% on Monday after a report said German software firm SAP will no longer procure electric cars from the U.S. automaker, and Piper Sandler cut its stock price target on lower delivery expectations this year. Shares of the Elon Musk-led company fell 5.7% to $177.27 on Monday, hitting their lowest since May…
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DocuSign’s deal talks with Bain, Hellman & Friedman stall-sources
[ad_1] By Milana Vinn and Anirban Sen Feb 5 (Reuters) – Bain Capital and Hellman & Friedman have cooled in their pursuit of DocuSign Inc over disagreements on how much they should pay to acquire the provider of online signature services, people familiar with the matter said on Monday. The private equity firms, which were competing to buy DocuSign, have…
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How To Earn $500 A Month From Eli Lilly Stock Ahead Of Q4 Earnings Report
[ad_1] Eli Lilly and Company (NYSE: LLY) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 6, 2024. Analysts expect the Indianapolis-based company to report quarterly earnings at $2.19 per share, up from $2.09 per share in the year-ago period. Eli Lilly is projected to post revenue of $8.93 billion, compared to $7.3…
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