Duquesne Family Office's Druckenmiller is swapping one high-powered AI stock for another.The fourth quarter has been packed with important data releases. In November, investors received hundreds of earnings reports from Wall Street's most-influential businesses, the much-anticipated election results, and numerous economic data releases that offer clues as to the steps the nation's central bank might take next.But perhaps the most relevant data dump of them all came on Nov. 14. This was the deadline for inst ...

As one of the top technology performers in the market this year, no one can deny the extraordinary performance of big-data analytics specialist Palantir Technologies Inc PLTR. Since the beginning of this year, PLTR stock gained almost 350%. At the same time, the equity sector's gravitational pull always risks the possibility of an incoming correction.Admittedly, the bulls enjoy a wealth of arguments favoring a continued push into Palantir stock. For one thing, the underlying industry of artificial intellige ...

SAN FRANCISCO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- TRM Labs, the leader in blockchain intelligence, today announced achieving FedRAMP High authorization and is now listed on the FedRAMP Marketplace under PFCS-SS. This milestone demonstrates TRM Labs’ commitment to delivering the highest standards of security, compliance, and performance to federal agencies as they combat the evolving threat landscape. The Federal Risk and Authorization Management Program (FedRAMP) establishes rigorous security and compliance ...

Palantir Technologies Inc PLTR stock surged an eye-popping 350% year-to-date.But just as retail investors celebrate their portfolios swelling, company insiders — including CFO David A. Glazer and CTO Shyam Sankar — are selling millions of dollars worth of shares.What Happened: In December alone, Glazer sold $23 million worth of shares, while Sankar offloaded a staggering $367.9 million following an exercise of stock options. Even CEO Alex Karp joined the selling spree last month, cashing in $132.8 million w ...

The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the Seeking Alpha investor compelling points of view on these often overlooked investment opportunities; and periodically identifying potential opportunities in large- and mega-cap companies, expanding the scope to provide encompassing coverage ...

SAN FRANCISCO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- TRM Labs, the leader in blockchain intelligence, today announced that it is the first blockchain intelligence company to achieve FedRAMP High authorization and is now listed on the PFCS-SS FedRAMP Marketplace. This milestone demonstrates TRM Labs’ commitment to delivering the highest standards of security, compliance, and performance to federal agencies as they combat the evolving threat landscape. The Federal Risk and Authorization Management Program (FedRAM ...

While AI darling Palantir and consulting powerhouse Booz Allen may appear to have nothing in common, a recent collaboration between the two businesses could be a game changer.Since Donald Trump was announced president-elect, the S&P 500 (^GSPC 0.38%) has gained roughly 2% while the Nasdaq Composite (^IXIC 1.24%) has jumped by about 5%. At a high level, these moves suggest that stocks have broadly been moving higher over the last month or so.However, two stocks moving in opposite directions since the electio ...

Market leaders of next-big-thing trends are known for their parabolic climbs -- as well as their inevitable retracements.It's been a phenomenal year for Wall Street and investors. Whereas the stock market's major indexes have historically averaged annual returns that range from the high single digits to around 10%, the ageless Dow Jones Industrial Average, benchmark S&P 500, and growth-propelled Nasdaq Composite have respective rocketed higher by 16%, 27%, and 33% on a year-to-date basis, as of the closing ...

Palantir Technologies (PLTR -0.42%) has reached many major milestones this year. The company joined the prestigious S&P 500 index back in September, proving it's now one of the major players driving today's economy. And in the most recent quarter, this 20-year-old business generated its biggest profit ever following quarter after quarter of double-digit revenue growth. The stock price has reflected all of this and more, and today, Palantir is heading for a mind-blowing 340% annual gain. That makes it the be ...

Nvidia has emerged as the king of the AI realm, but is there room for more than one player at the top?For much of the last two years, big tech has dominated the storyline revolving around artificial intelligence (AI). "Magnificent Seven" members Microsoft, Amazon, and Alphabet have invested billions into the likes of ChatGPT creator OpenAI and perhaps its biggest rival, Anthropic.Meanwhile there is Tesla, Elon Musk's brainchild that's looking to bring self-driving cars and humanoid robots to the masses. And ...