Palantir Surges 21% After AI Demand Powers Record Quarterly Profit
Palantir Technologies: Q3 Non-GAAP EPS of $0.07 beats by $0.01.Revenue of $558M beats by $2.08M.Cash from operations of $133 million, representing a 24% margin.Adjusted free cash flow of $141 million, representing a 25% margin.Cash, cash equivalents, and short-term US treasury securities of $3.3 billion.OutlookFor Q4 2023, we expect:Revenue of between $599 - $603 million vs. the consensus of $599.26M.Adjusted income from operations of $184 - $188 million.For full year 2023:We are raising our re
TKO Group Holdings Down Over 17%, On Track for Largest Percent Decrease Since January 2020 -- Data Talk
TKO Group Holdings, Inc. Class A is currently at $86.24, down $18.49 or 17.65%. --Would be lowest close since March 24, 2023, when it closed at $84.95. --On pace for largest percent decrease since Jan. 31, 2020, when it fell 21.54%. --Currently down two consecutive days; down 18.26% over this period. --Down 25.61% from its all-time closing high of $115.93 on Aug. 28, 2023. --Up 26.45% from 52 weeks ago , when it closed at $68.20. --Traded as low as $84.83; lowest intraday level since April 3, 2023, when it hit $82.81. --Down 19% at today's intraday low; largest intraday percent decrease since Jan. 31, 2020, when it fell as much as 27.61%
Morgan Stanley Upgrades Tesla Stock Rating, Raises Price Target to $400
Major investment bank Morgan Stanley boosted its Tesla stock outlook based on the company’s Dojo supercomputer project. Analyst Adam Jonas raised his TSLA price target 60% to $400 per share and upgrad