A SpaceX Falcon Heavy rocket carrying the National Oceanic and Atmospheric Administration's (NOAA) weather satellite Geostationary Operational Environmental Satellite U (GOES-U) lifts off from Launch Complex 39A at NASA's Kennedy Space Center, Florida, June 25, 2024.Elon Musk is combining rocket maker SpaceX with his artificial intelligence startup, xAI, according to reporting from Bloomberg, which cited people familiar with the matter. The agreement was announced in a memo on Monday, Bloomberg reported, ad ...

Core Insights - Palantir exceeded Wall Street's fourth-quarter estimates, driven by increased demand for its artificial intelligence tools from both businesses and the U.S. government [1][4] - The company reported a revenue growth of 70%, reaching $1.41 billion, compared to $827.5 million in the same quarter last year [1][6] - For the fiscal year, Palantir's total sales amounted to $4.48 billion, with U.S. government revenue at $570 million and commercial revenue at $507 million [1][4] Financial Performance - Earnings per share were reported at 25 cents adjusted, surpassing the expected 23 cents [6] - Revenue for the first quarter is projected to be between $1.532 billion and $1.536 billion, exceeding the FactSet estimate of $1.32 billion [3] - For fiscal 2026, the revenue guidance is set between $7.182 billion and $7.198 billion, which is above the FactSet expectation of $6.22 billion [3] Market Position and Demand - The company has experienced a significant boost in demand for its AI systems, particularly from the U.S. government, which saw a 66% growth in this segment [4] - CEO Alex Karp emphasized the importance of investing in AI tools to maintain competitive momentum in the tech industry [2] - Palantir's engagement with the U.S. government has led to a strategic decision to hold off on selling new products to allies due to strong domestic demand [5]

Group 1 - New York Attorney General Letitia James warns consumers about the risks associated with unregulated prediction markets, emphasizing the lack of consumer protections compared to regulated platforms [2] - Prediction platforms like Kalshi and Polymarket are anticipated to generate billions in trading volume during the Super Bowl, with event contracts that resemble bets [2] - Consumers can trade on game events and predetermined outcomes, similar to online sportsbooks such as DraftKings or FanDuel [3]

Core Insights - U.S. retail store openings are projected to increase while closures are expected to decrease in 2026, with value retailers leading the growth [1][2] - Coresight Research estimates approximately 7,900 store closures in 2026, a 4.5% decrease year over year, marking the lowest closures in three years [1] - Retailers are expected to open around 5,500 new stores in 2026, reflecting a 4.4% increase year over year [2] Retail Trends - Value retailers such as Dollar General and Aldi are expanding, while traditional department stores are reducing their store counts [3] - Retail bankruptcies have significantly influenced downsizing, with 32 retailers filing for bankruptcy last year, including Rite Aid and Joann [7] - The retail landscape is evolving, with successful mall retailers like Abercrombie & Fitch and Gap outperforming smaller specialty apparel retailers [3] Economic Factors - Economic indicators such as high inflation and a slow housing market are expected to improve gradually, impacting retail real estate plans [3] - Affluent consumers have continued to spend, supporting the retail sector despite economic challenges [6] Real Estate Dynamics - A slowdown in retail bankruptcies may tighten real estate demand, leading to increased competition for retail space [10] - Many retailers opening stores in 2026 secured real estate deals in 2024, when significant space became available due to previous bankruptcies [11] - The construction of new retail spaces has been sluggish due to high labor costs and interest rates, but may improve if costs stabilize [11] Consumer Behavior - Retailers are adapting to competition from e-commerce and AI technologies, emphasizing the need for brick-and-mortar stores to offer convenience and unique experiences [12][13] - Physical stores are seen as essential for brand building and providing value beyond price competition [13]

Waymo is becoming a real source of investor excitement on new valuation reports — reaffirming Jim Cramer's view that the Alphabet stock remains a buy for that and so much more. Once an Alphabet moonshot, launched as the Google Self-Driving Car project in 2009, Waymo nowadays is shooting to the moon. The robotaxi business is currently looking to close a $16 billion financing round at a nearly $110 billion valuation, according to Saturday reports from Bloomberg and the Financial Times . The financing — which ...

OpenAI on Monday launched a standalone app for its artificial intelligence-powered coding assistant, Codex, which is temporarily available to all ChatGPT users with Apple computers. The new app has a simple interface and is designed to serve as a "command center" that makes it easy for software developers to manage multiple AI agents at once, OpenAI said. An AI agent is a tool that can independently complete tasks, like writing code, on behalf of a user. AI coding assistants have exploded in popularity over ...

The US Department of Labor headquarters building is seen at dusk on June 21, 2024 in Washington, DC.The Bureau of Labor Statistics will not be releasing the January jobs report as scheduled Friday due to the government shutdown, a department spokesman confirmed Monday."The Employment Situation release for January 2026 will not be released as scheduled on Friday, February 6, 2026. The release will be rescheduled upon the resumption of government funding," Emily Liddel, associate commissioner of the BLS, said ...

Core Insights - Disney's experiences division, which includes parks, cruise ships, hotels, and consumer products, achieved record revenue exceeding $10 billion for the first time in its history during the fiscal first quarter [2] - The operating income for this segment reached $3.3 billion, reflecting a 6% increase compared to the same period last year [2] - Experiences accounted for 38% of Disney's total revenue and generated 71% of its operating income for the period ending December 27 [3] Financial Performance - The growth in the experiences segment has accelerated post-Covid, significantly contributing to the company's profits [3] - Company executives project high-single-digit growth in operating income for the experiences segment for fiscal 2026 [3] Leadership and Succession - Bob Iger, CEO of Disney, highlighted the broad and diverse footprint of the business and the ongoing projects that will enhance this diversity [4] - There is an ongoing CEO succession process, with Josh D'Amaro, Chairman of Disney Experiences, expected to be appointed as Iger's successor, pending a vote by the Disney board [5]

The U.S. and India have reached a trade deal and will immediately move to lower tariffs on each other's goods, President Donald Trump announced Monday. Prime Minister Narendra Modi also agreed to buy American products "at a much higher level" as part of the agreement, Trump said in a Truth Social post following a call with the Indian leader.Modi also committed to "stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela," Trump said in the post.Read Trump's full annou ...

Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024.Strategy plunged 8% on Monday after bitcoin dipped below the cryptocurrency treasury company's average purchase price per token.  Bitcoin traded at about $74,500 at its bottom on Monday – its lowest price since last April.That's slightly below Strategy's average purchase price of $76,052 per bitcoin, according to its regulatory filing dated Feb. 2, raising concerns that the Michael Sayl ...