SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat" or "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the fiscal second quarter ended October 31, 2024 and provides a corporate update. Recent Operational Highlights: Announced selection as the winner of the U.S. Army's Short Range Reconnaissance (SRR) Program of Record. Announced a strate ...

Key TakeawaysShares of Palantir slipped Monday, while MicroStrategy rose, on Friday's news that they will be added to the Nasdaq 100 index on Monday, Dec. 23, along with Axon Enterprise.The index, which contains the 100 largest non-financial sector companies in the Nasdaq Composite Index, is reconstituted annually.The additions will replace Super Micro Computer, Moderna, and Illumina.  Shares of Palantir Technologies (PLTR) fell Monday, while MicroStrategy (MSTR) rose, following the late-Friday news that th ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Palantir Technologies (PLTR) isn't the only name joining the Nasdaq-100 Index (NDX) next week. MicroStrategy Inc (NASDAQ:MSTR) and Axon Enterprise Inc (NASDAQ:AXON) will also become a part of the tech-heavy benchmark on Monday, Dec. 23, so now is the perfect time to check in with these stocks.MSTR is up 2.5% at $419.04 at last check, after the software company expanded its Bitcoin (BTC) holdings to $1.5 billion as the cryptocurrency hits never-before-seen highs. The stock is fresh off its sixth weekly win o ...

Both companies have their strengths, but one is a safer pick than the other.Year to date, shares of Palantir Technologies (PLTR -3.02%) have soared by 326% while shares of Adobe (ADBE -0.21%) have tanked by 20%. However, picking a stock based largely on its recent performance is a strategy fraught with risks. Past returns are not predictive of the growth potential of a stock.Instead, it is more prudent to analyze a company's business model, competitive positioning, risks, and the stock's volatility before m ...

SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat'' or the "Company"), today announced a strategic partnership with Palantir Technologies Inc. (NASDAQ:PLTR) to integrate Visual Navigation software (VNav) into Red Cat's Black Widow drones and to deploy Warp Speed, Palantir's manufacturing OS. This collaboration will transform autonomous sUAS operations for modern warfare by utilizing Palantir's advanced AI software running onboard the drone which referenc ...

Dan Ives is the global head of technology research at Wedbush Securities. During his two decades following the tech sector, Ives has made several big, bullish calls that challenged the prevailing sentiment on Wall Street.For instance, he predicted in January 2024 the Nasdaq Composite would hit 20,000 this year. Lo and behold, the index crossed that threshold last week. But Ives made what may be his boldest call to date last month during an interview with Schwab Network.He argued Wall Street is dramatically ...

Key TakeawaysPalantir shares are likely to be in the spotlight on Monday after the Nasdaq announced late Friday that the analytics software provider had been added to the Nasdaq 100 Index.The stock has continued to trend sharply higher after breaking out from a cup and handle pattern, though the relative strength index cautions overbought conditions that could lead to near-term price fluctuations.The measuring principle, which calculates the percentage change to the cup and handle’s “cup” and adds it to the ...

There's no way to deny it: 2024 was a stunning year for the stock market. As of this writing, the S&P 500 is up nearly 28% year to date. As always, there are stocks significantly outperforming this otherwise impressive return.Among the top performers for the S&P 500 are Nvidia, which is up 180%, and Palantir Technologies, which is up more than 300%. But you likely already knew that these two stocks have been big winners this year -- they're the talk of the town.I'd like to highlight three other constituents ...

The launch of the Palantir Artificial Intelligence Platform (AIP) in 2023 has fueled new opportunities for the company, but one area seems to be flying under the radar.Last year, it seemed like all anyone could talk about was how big tech was going to change the world with artificial intelligence (AI). Among the "Magnificent Seven" stocks -- Nvidia, Microsoft, Apple, Alphabet, Meta Platforms, Amazon, and Tesla -- it quickly became clear that AI would be the next megatrend, and these companies have been amon ...