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Palantir Landed Its Next $1 Billion Deal
Yahoo Finance· 2026-02-20 18:21
Palantir Technologies (NASDAQ: PLTR) has been one of the undisputed beneficiaries of the sweeping adoption of artificial intelligence, thanks to its cutting-edge data mining capabilities. Most of the focus has been on the company's commercial business and Artificial Intelligence Platform (AIP), which has been the biggest driver of Palantir's recent growth spurt. However, its government contracts are back in the spotlight this week, as the company struck its next major deal. Reports emerged late Thursday t ...
Lucid Group Is Trading Near Its Lows. Is It Finally Time to Buy?
Yahoo Finance· 2026-02-20 18:20
It's been a struggle to hold Lucid Group (NASDAQ: LCID) over the past five years. The electric vehicle stock has lost almost all of its value -- 98% to be precise -- since it started trading in 2021. But the company has strong financial backing from Saudi Arabia's sovereign wealth fund, and will begin manufacturing vehicles there this year. Lucid is also hosting an investor day in just a few weeks, where management will present updates on the company's technology and its upcoming mid-size vehicle model. W ...
Del Taco's locations in this Southern state have closed. See where.
Yahoo Finance· 2026-02-20 18:12
Del Taco's Georgia locations have abruptly closed as the franchise owner of the restaurants navigates Chapter 11 bankruptcy, the company said. As of Friday, Feb. 20, when searching for the American-Mexican fast-food chain's Georgia locations, its website says, “Sorry, this location no longer exists." When reached by email on Feb. 20, Del Taco said the franchisee operating its Atlanta, Columbus, Macon and Chattanooga (Fort Oglethorpe) locations closed all 14 restaurants. "This closure occurred without pr ...
Are Wall Street Analysts Predicting Arthur J. Gallagher Stock Will Climb or Sink?
Yahoo Finance· 2026-02-20 18:12
Rolling Meadows, Illinois-based Arthur J. Gallagher & Co. (AJG) provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. With a market cap. of $56.1 billion, it operates through Brokerage and Risk Management segments. Shares of Arthur J. Gallagher have underperformed the broader market over the past 52 weeks. AJG stock has declined 33.3% over this time frame, while the broader S&P 500 I ...
Court says small trucking company must negotiate with union defeated in a vote
Yahoo Finance· 2026-02-20 18:09
A Virginia trucking company whose dispute before the National Labor Relations Board has been watched closely by labor law experts will be required to negotiate a contract with a union even though the rank and file did not vote for representation. The complicated tangle of events took place at Garten Trucking, a southwest Virginia carrier whose SAFER profile with FMCSA says has 17 power units. A decision handed down earlier this week by the U.S. Court of Appeals for the Fourth Circuit upheld an earlier d ...
Oracle Stock Plunges 55%: Buy the Dip or Stay Away?
Yahoo Finance· 2026-02-20 18:08
Shares of Oracle Corporation (ORCL) have fallen sharply, dropping over 55% from their 52-week high of $345.72. The decline reflects investor concern over the company’s aggressive capital spending plans, its heavy reliance on a single customer, and lingering questions about how it will finance the infrastructure required to meet surging demand. Oracle is in the midst of a major expansion of its data center footprint to support contracted AI workloads. While these investments align with the secular growth ...
Soybeans Slipping Following Supreme Court Ruling
Yahoo Finance· 2026-02-20 18:05
Soybeans are showing 2 to 3 ½ cent losses at Friday’s midday. The cmdtyView national average Cash Bean price was up 7 1/2 cents at $10.76 1/2. Soymeal futures are rallying $5.90 to $6.10 in the front months, with Soy Oil futures 81 to 87 points lower. We are closing in on the final week for the crop insurance spring base price discovery, with the average November soybean close during February at $11.03 so far. This is up 49 cents from last year. Soybean sales picked up for old crop in the week ending on ...
Corn Pushing Higher on Friday, with Help from Wheat
Yahoo Finance· 2026-02-20 18:05
Corn futures are showing gains of 1 to 3 ¾ cents so far on Friday. March options expire today. Spillover support from double digit gains in wheat is helping. The CmdtyView national average Cash Corn price is up 1 3/4 cent to $3.94 1/4. With just a little over a week left in the Crop Insurance price discovery, the average December corn close has been $4.60, down a dime from the same period last year. Export Sales data continues to show strong export sales, with old crop corn sales at 1.47 MMT in the week ...
Down 22%, 3 Reasons to Buy the Dip on Amazon Stock
Yahoo Finance· 2026-02-20 18:05
Shares of Amazon (NASDAQ: AMZN) currently trade 22% below their peak from November 2025 (as of Feb. 17). More recently, the market became weary when the business announced plans for $200 billion in capital expenditures in 2026. This investment, up from $131 billion last year, is meant to support Amazon's artificial intelligence (AI) efforts. It's time to take advantage of the opportunity. Here are three reasons investors should buy the dip on this "Magnificent Seven" stock. Will AI create the world's firs ...
ValueAct Holdings Trims Insight Enterprises by $99 Million as Enterprise IT Budgets Tighten
Yahoo Finance· 2026-02-20 18:04
What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, ValueAct Holdings, L.P. sold 1,055,147 shares of Insight Enterprises (NASDAQ:NSIT) during the fourth quarter of 2025. The estimated transaction value was $98.95 million. At quarter-end, the fund held 1,216,592 shares valued at $99.12 million. The net position decreased by roughly $158.52 million. What else to know This was a sell; NSIT now accounts for 1.41% of ValueAct’s 13F U.S. equity assets Top hol ...