$Palantir Technologies Inc.(PLTR)$ PLTR‘s priceBig data and analytics playerPalantir Technologies stock(NYSE:PLTR) has rallied by almost 20% over the last month, considerably outperforming the S&P 500 which was up by just about 3% over the same period. There are a couple of factors driving the recent gains. Firstly, investors are likely seeing a lot more value in Palantir stock, which now remains down by over 50% year-to-date, and by almost 75% from its 2021 highs. Palantir has also struck up multiple deals of late with clients including auto major Stellantis, waste and recycling software provider Rubicon Technologies, and global commodities trader Trafigura. The company’s government business also won a large follow-on contract from U.S. Spa

$Sea Ltd(SE)$Singtel (SGX: Z74)Singtel has entered a share purchase agreement to acquire an additional 3.78% stake in its Thai associateIntouch Holdings Public Company Limited(“Intouch”) (BKK: INTUCH).The consideration payable is approximately S$330 million and will be paid for in cash.The purchase price was set at a 5% discount to the volume-weighted average price for Intouch’s shares.Singtel currently owns 21.21% of Intouch and this acquisition will raise its ownership stake to 24.99%.This move represents Singtel’s commitment to the Thai market and reinforces the telco’s position as two of the largest shareholders of the Intouch, alongsideGulf Energy(BKK: GULF).Through its increased stake in Intouch, Singtel will also increase its economic interest i

$Netflix(NFLX)$ NELX slumpsNFLX Stock Slumps as Goldman Sachs Says Netflix Is a ‘Sell’. The firm expects economic weakness and tougher competition will hurt NFLX stock. Goldman Sachs lowered its rating onNetflix(NFLX) to "sell" from "neutral." NFLX stock is sinking following the downgrade. As reasons for the move, the firm cited upcoming economic weakness and increased competition. Source: Kaspars Grinvalds / Shutterstock.comNetflix(NASDAQ:NFLX) stock is tumbling today after Goldman Sachslowered its ratingon NFLX to “sell” from “neutral.” The firm also slashed its price target on the shares to $186 from $265.Goldman cut its estimates for Netflix to reflect a deterioration in the firm’s macro outlook, analyst Eric Sheridan explained. More sp

Key takeawaysMost tech stocks faced severe challenges in 2022, including supply chain bottlenecks, closing factories and decreased demand due to inflationCompanies like Tesla and Netflix experienced significant hits to their stock pricesThe FAANG companies have been trending in a positive direction over the last few months, and analysts are hopeful they can continue the trend in light of recent layoffs and decreased recessionary fearsInvestors and analysts use the acronym FAANG to refer to five of the best-performing, tech-focused stocks of recent years. These include Meta Platforms (Facebook), Amazon, Apple, Netflix and Alphabet (Google). Every FAANG stock trades on the Nasdaq and is part of the S&P 500 Index.2022 was a particularly rough year for the FAANG stocks, with all five of th