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Jaydenng90
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2023-11-15
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Jaydenng90
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2023-03-08
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Wall Street Falls More Than 1% As Powell Flags Sharper Rate Hikes
* Bets for 50 bps March rate hike jump dramatically* Powell says Fed likely needs to raise rates hig
Wall Street Falls More Than 1% As Powell Flags Sharper Rate Hikes
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2023-02-16
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Why Palantir Technologies Stock Is Up Again Wednesday
Earnings season reaffirmed investors' belief in the potential for this business.
Why Palantir Technologies Stock Is Up Again Wednesday
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2023-02-03
$Alphabet(GOOGL)$
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2023-01-28
$Apple(AAPL)$
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Jaydenng90
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2023-01-24
$Tesla Motors(TSLA)$
Bullish soon
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2023-01-22
$Palantir Technologies Inc.(PLTR)$
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2023-01-22
$Sea Ltd(SE)$
potential..
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2023-01-17
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1678229970,"share":"https://ttm.financial/m/news/2317443148?lang=&edition=fundamental","pubTime":"2023-03-08 06:59","market":"us","language":"en","title":"Wall Street Falls More Than 1% As Powell Flags Sharper Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=2317443148","media":"Reuters","summary":"* Bets for 50 bps March rate hike jump dramatically* Powell says Fed likely needs to raise rates hig","content":"<html><head></head><body><p>* Bets for 50 bps March rate hike jump dramatically</p><p>* Powell says Fed likely needs to raise rates higher</p><p>* Indexes end down: Dow 1.72%, S&P 1.53%, Nasdaq 1.25%</p><p><img src=\"https://static.tigerbbs.com/16d154e8055166c3612de368e125daf5\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>March 7 (Reuters) - U.S. stock indexes closed sharply lower on Tuesday after Federal Reserve Chair Jerome Powell told Congress the central bank will likely need to raise interest rates more than previously expected as it seeks to rein in stubbornly high inflation.</p><p>Of Wall Street's three major indexes, the Dow Jones Industrial Average lost most ground with a 1.7% decline, while the S&P 500 fell 1.5% and the Nasdaq Composite lost almost 1.3%.</p><p>Powell sent stock investors fleeing when he told U.S. lawmakers earlier in the day that the Fed is prepared to hike rates in larger steps if future economic data suggests tougher measures are needed to control rising prices.</p><p>The remarks followed recent data showing an unexpected inflation increase in January and an unusually large jobs gain for the month.</p><p>Traders dramatically raised their bets for a 50-basis-point rate hike in March after Powell's comments, with money market futures last pricing in a more than 70% chance of such a move, up from around 31% on Monday, according to CME Group's FedWatch tool.</p><p>While many investors had worried that the Fed would consider higher rates for longer than previously expected, "hearing it directly from Powell is a little different to inferring it from the data," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.</p><p>"From a risk-rewards standpoint investors have to recalculate their desire to be invested with this new paradigm," said Adam Sarhan, chief executive of 50 Park Investments, based in Orlando, Florida. "It's the realization the Fed is going to err on the side of being more hawkish."</p><p>The Dow Jones Industrial Average fell 574.98 points, or 1.72%, to 32,856.46; the S&P 500 lost 62.05 points, or 1.53%, at 3,986.37; and the Nasdaq Composite dropped 145.40 points, or 1.25%, to 11,530.33.</p><p>All 11 major S&P sectors closed lower, led by economically sensitive financials which finished down 2.5%. Declining least was the consumer staples index, down 0.97%.</p><p>Powell, who will testify again on Wednesday before the House of Representatives Financial Services Committee, also added that the Fed would not consider changing its 2% inflation target and the job market does not suggest an economic downturn is close.</p><p>Data influencing the Fed's rate hiking path will include Friday's closely watched nonfarm payroll additions for February. Economists polled by Reuters are expecting an increase of 200,000 jobs compared with the much stronger-than-expected 517,000 jobs reported in January.</p><p>While traders were flipping bets in favor of a 50 basis point rate hike this month, Scott Ladner, chief investment officer at Horizon Investments, said the size of the hike would depend on the upcoming payrolls data and inflation numbers.</p><p>But John Lynch, chief investment officer for Comerica Wealth Management, argued that with employment and consumption showing strength so far, investors should have been expecting Powell's more hawkish tone.</p><p>Meanwhile, the yield on two-year Treasury notes, which best reflects short-term rate expectations, hit 5% for the first time since July 2007.</p><p>Rising bond yields tend to weigh on equity valuations, particularly those of growth and technology stocks, as higher rates reduce the value of future cash flows.</p><p>Big individual stock moves included a 14.5% tumble for Rivian Automotive after the electric automaker unveiled plans to sell bonds worth $1.3 billion.</p><p>Dick's Sporting Goods rallied 11% after the retailer forecast annual earnings above Wall Street estimates and more than doubled its quarterly dividend.</p><p>Shares of Tesla Inc closed down 3%, failing to get a lift after CEO Elon Musk told an investor conference he saw a clear path to producing a smaller vehicle at half the production cost of the Model 3.</p><p>Declining issues outnumbered advancers on the NYSE by a 4.00-to-1 ratio; on Nasdaq, a 2.21-to-1 ratio favored decliners.</p><p>The S&P 500 posted 10 new 52-week highs and nine new lows; the Nasdaq Composite recorded 55 new highs and 146 new lows.</p><p>On U.S. exchanges 11.17 billion shares changed hands, up from the 10.98 billion average for the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Falls More Than 1% As Powell Flags Sharper Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Falls More Than 1% As Powell Flags Sharper Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-08 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Bets for 50 bps March rate hike jump dramatically</p><p>* Powell says Fed likely needs to raise rates higher</p><p>* Indexes end down: Dow 1.72%, S&P 1.53%, Nasdaq 1.25%</p><p><img src=\"https://static.tigerbbs.com/16d154e8055166c3612de368e125daf5\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>March 7 (Reuters) - U.S. stock indexes closed sharply lower on Tuesday after Federal Reserve Chair Jerome Powell told Congress the central bank will likely need to raise interest rates more than previously expected as it seeks to rein in stubbornly high inflation.</p><p>Of Wall Street's three major indexes, the Dow Jones Industrial Average lost most ground with a 1.7% decline, while the S&P 500 fell 1.5% and the Nasdaq Composite lost almost 1.3%.</p><p>Powell sent stock investors fleeing when he told U.S. lawmakers earlier in the day that the Fed is prepared to hike rates in larger steps if future economic data suggests tougher measures are needed to control rising prices.</p><p>The remarks followed recent data showing an unexpected inflation increase in January and an unusually large jobs gain for the month.</p><p>Traders dramatically raised their bets for a 50-basis-point rate hike in March after Powell's comments, with money market futures last pricing in a more than 70% chance of such a move, up from around 31% on Monday, according to CME Group's FedWatch tool.</p><p>While many investors had worried that the Fed would consider higher rates for longer than previously expected, "hearing it directly from Powell is a little different to inferring it from the data," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.</p><p>"From a risk-rewards standpoint investors have to recalculate their desire to be invested with this new paradigm," said Adam Sarhan, chief executive of 50 Park Investments, based in Orlando, Florida. "It's the realization the Fed is going to err on the side of being more hawkish."</p><p>The Dow Jones Industrial Average fell 574.98 points, or 1.72%, to 32,856.46; the S&P 500 lost 62.05 points, or 1.53%, at 3,986.37; and the Nasdaq Composite dropped 145.40 points, or 1.25%, to 11,530.33.</p><p>All 11 major S&P sectors closed lower, led by economically sensitive financials which finished down 2.5%. Declining least was the consumer staples index, down 0.97%.</p><p>Powell, who will testify again on Wednesday before the House of Representatives Financial Services Committee, also added that the Fed would not consider changing its 2% inflation target and the job market does not suggest an economic downturn is close.</p><p>Data influencing the Fed's rate hiking path will include Friday's closely watched nonfarm payroll additions for February. Economists polled by Reuters are expecting an increase of 200,000 jobs compared with the much stronger-than-expected 517,000 jobs reported in January.</p><p>While traders were flipping bets in favor of a 50 basis point rate hike this month, Scott Ladner, chief investment officer at Horizon Investments, said the size of the hike would depend on the upcoming payrolls data and inflation numbers.</p><p>But John Lynch, chief investment officer for Comerica Wealth Management, argued that with employment and consumption showing strength so far, investors should have been expecting Powell's more hawkish tone.</p><p>Meanwhile, the yield on two-year Treasury notes, which best reflects short-term rate expectations, hit 5% for the first time since July 2007.</p><p>Rising bond yields tend to weigh on equity valuations, particularly those of growth and technology stocks, as higher rates reduce the value of future cash flows.</p><p>Big individual stock moves included a 14.5% tumble for Rivian Automotive after the electric automaker unveiled plans to sell bonds worth $1.3 billion.</p><p>Dick's Sporting Goods rallied 11% after the retailer forecast annual earnings above Wall Street estimates and more than doubled its quarterly dividend.</p><p>Shares of Tesla Inc closed down 3%, failing to get a lift after CEO Elon Musk told an investor conference he saw a clear path to producing a smaller vehicle at half the production cost of the Model 3.</p><p>Declining issues outnumbered advancers on the NYSE by a 4.00-to-1 ratio; on Nasdaq, a 2.21-to-1 ratio favored decliners.</p><p>The S&P 500 posted 10 new 52-week highs and nine new lows; the Nasdaq Composite recorded 55 new highs and 146 new lows.</p><p>On U.S. exchanges 11.17 billion shares changed hands, up from the 10.98 billion average for the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","COMP":"Compass, Inc.",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2317443148","content_text":"* Bets for 50 bps March rate hike jump dramatically* Powell says Fed likely needs to raise rates higher* Indexes end down: Dow 1.72%, S&P 1.53%, Nasdaq 1.25%March 7 (Reuters) - U.S. stock indexes closed sharply lower on Tuesday after Federal Reserve Chair Jerome Powell told Congress the central bank will likely need to raise interest rates more than previously expected as it seeks to rein in stubbornly high inflation.Of Wall Street's three major indexes, the Dow Jones Industrial Average lost most ground with a 1.7% decline, while the S&P 500 fell 1.5% and the Nasdaq Composite lost almost 1.3%.Powell sent stock investors fleeing when he told U.S. lawmakers earlier in the day that the Fed is prepared to hike rates in larger steps if future economic data suggests tougher measures are needed to control rising prices.The remarks followed recent data showing an unexpected inflation increase in January and an unusually large jobs gain for the month.Traders dramatically raised their bets for a 50-basis-point rate hike in March after Powell's comments, with money market futures last pricing in a more than 70% chance of such a move, up from around 31% on Monday, according to CME Group's FedWatch tool.While many investors had worried that the Fed would consider higher rates for longer than previously expected, \"hearing it directly from Powell is a little different to inferring it from the data,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.\"From a risk-rewards standpoint investors have to recalculate their desire to be invested with this new paradigm,\" said Adam Sarhan, chief executive of 50 Park Investments, based in Orlando, Florida. \"It's the realization the Fed is going to err on the side of being more hawkish.\"The Dow Jones Industrial Average fell 574.98 points, or 1.72%, to 32,856.46; the S&P 500 lost 62.05 points, or 1.53%, at 3,986.37; and the Nasdaq Composite dropped 145.40 points, or 1.25%, to 11,530.33.All 11 major S&P sectors closed lower, led by economically sensitive financials which finished down 2.5%. Declining least was the consumer staples index, down 0.97%.Powell, who will testify again on Wednesday before the House of Representatives Financial Services Committee, also added that the Fed would not consider changing its 2% inflation target and the job market does not suggest an economic downturn is close.Data influencing the Fed's rate hiking path will include Friday's closely watched nonfarm payroll additions for February. Economists polled by Reuters are expecting an increase of 200,000 jobs compared with the much stronger-than-expected 517,000 jobs reported in January.While traders were flipping bets in favor of a 50 basis point rate hike this month, Scott Ladner, chief investment officer at Horizon Investments, said the size of the hike would depend on the upcoming payrolls data and inflation numbers.But John Lynch, chief investment officer for Comerica Wealth Management, argued that with employment and consumption showing strength so far, investors should have been expecting Powell's more hawkish tone.Meanwhile, the yield on two-year Treasury notes, which best reflects short-term rate expectations, hit 5% for the first time since July 2007.Rising bond yields tend to weigh on equity valuations, particularly those of growth and technology stocks, as higher rates reduce the value of future cash flows.Big individual stock moves included a 14.5% tumble for Rivian Automotive after the electric automaker unveiled plans to sell bonds worth $1.3 billion.Dick's Sporting Goods rallied 11% after the retailer forecast annual earnings above Wall Street estimates and more than doubled its quarterly dividend.Shares of Tesla Inc closed down 3%, failing to get a lift after CEO Elon Musk told an investor conference he saw a clear path to producing a smaller vehicle at half the production cost of the Model 3.Declining issues outnumbered advancers on the NYSE by a 4.00-to-1 ratio; on Nasdaq, a 2.21-to-1 ratio favored decliners.The S&P 500 posted 10 new 52-week highs and nine new lows; the Nasdaq Composite recorded 55 new highs and 146 new lows.On U.S. exchanges 11.17 billion shares changed hands, up from the 10.98 billion average for the last 20 sessions.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"COMP":0.9}},"isVote":1,"tweetType":1,"viewCount":2003,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957544898,"gmtCreate":1677456394914,"gmtModify":1677456399014,"author":{"id":"3576617478721203","authorId":"3576617478721203","name":"Jaydenng90","avatar":"https://static.tigerbbs.com/57ec5cf87b7ef2b3bdc1bb2e7e0371ec","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576617478721203","authorIdStr":"3576617478721203"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957544898","repostId":"2314222373","repostType":4,"isVote":1,"tweetType":1,"viewCount":2778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954404563,"gmtCreate":1676520014453,"gmtModify":1676520018947,"author":{"id":"3576617478721203","authorId":"3576617478721203","name":"Jaydenng90","avatar":"https://static.tigerbbs.com/57ec5cf87b7ef2b3bdc1bb2e7e0371ec","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576617478721203","authorIdStr":"3576617478721203"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954404563","repostId":"2311481694","repostType":2,"repost":{"id":"2311481694","kind":"highlight","pubTimestamp":1676517510,"share":"https://ttm.financial/m/news/2311481694?lang=&edition=fundamental","pubTime":"2023-02-16 11:18","market":"us","language":"en","title":"Why Palantir Technologies Stock Is Up Again Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2311481694","media":"Motley Fool","summary":"Earnings season reaffirmed investors' belief in the potential for this business.","content":"<div>\n<p>What happenedA post-earnings rally in Palantir Technologies shares extended to a second day, with the stock up as much as 9.65% on Wednesday. The release of fourth-quarter results provided a double-...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/15/why-palantir-technologies-stock-is-up-again-today/\">Web Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Palantir Technologies Stock Is Up Again Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Palantir Technologies Stock Is Up Again Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-16 11:18 GMT+8 <a href=https://www.fool.com/investing/2023/02/15/why-palantir-technologies-stock-is-up-again-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedA post-earnings rally in Palantir Technologies shares extended to a second day, with the stock up as much as 9.65% on Wednesday. The release of fourth-quarter results provided a double-...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/15/why-palantir-technologies-stock-is-up-again-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2023/02/15/why-palantir-technologies-stock-is-up-again-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2311481694","content_text":"What happenedA post-earnings rally in Palantir Technologies shares extended to a second day, with the stock up as much as 9.65% on Wednesday. The release of fourth-quarter results provided a double-digit boost to the stock, and even after a day to digest some Wall Street criticism of the numbers investors are still pouring into the shares.So whatAfter markets closed on Monday, Palantir announced fourth-quarter earnings and revenue that beat expectations. The results were the first time since Palantir went public in late 2020 that it has achieved profitability according to generally accepted accounting principles (GAAP), and management sees more of the same for 2023. Palantir also is making efforts to reduce its reliance on stock-based compensation, a major complaint from bears.Palantir makes advanced data analytics tools that help corporate and government customers organize and get the most from their data, and famously was credited with helping the Pentagon locate Osama bin Laden. The stock captured investor imagination when it first went public, but has fallen more than 75% from its initial highs as growth and profitability haven't come in as expected.With the company seemingly making strides in proving its critics wrong, the shares are getting a boost. The stock might also be higher thanks to CEO Alex Karp's suggestion that Palantir could be a takeover target. On the post-earnings call he told investors, \"I think there's going to be a lot of interest in us in buying our software and potentially in buying us,\" but added Palantir is focused on going it alone.Now whatPalantir is certainly moving in the right direction, but investors should be aware the results are unlikely to do much to put the criticisms to rest. The quarterly GAAP results were aided by a one-time boost related to the sale of a joint venture in Japan, and Palantir's forecast for current-quarter and full-year revenue actually came in below analyst expectations.The company also remains heavily reliant on its government operations. Defense contractor business tends to be stable and predictable, but also slow moving, so government contractors tend to be valued lower than higher risk but higher potential growth commercial-focused companies.With the share price surge, Palantir now trades at more than 10 times sales. By comparison, government contracting specialist Booz Allen Hamilton is trading at 1.3 times sales.There's a solid case to be made that Palantir, based on its unique tech, should trade at a premium to Booz Allen Hamilton. The debate among investors over the past year has been over how big of a premium Palantir deserves. Investors should be warned that the fourth-quarter results, despite the solid headline numbers, are likely to do little to settle that debate.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":2734,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955621333,"gmtCreate":1675397866622,"gmtModify":1676538999529,"author":{"id":"3576617478721203","authorId":"3576617478721203","name":"Jaydenng90","avatar":"https://static.tigerbbs.com/57ec5cf87b7ef2b3bdc1bb2e7e0371ec","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576617478721203","authorIdStr":"3576617478721203"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a>Buy","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a>Buy","text":"$Alphabet(GOOGL)$ Buy","images":[{"img":"https://community-static.tradeup.com/news/e3992b9923a0c4cafce5a53751c86ed4","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955621333","isVote":1,"tweetType":1,"viewCount":2890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9952418640,"gmtCreate":1674871767581,"gmtModify":1676538964039,"author":{"id":"3576617478721203","authorId":"3576617478721203","name":"Jaydenng90","avatar":"https://static.tigerbbs.com/57ec5cf87b7ef2b3bdc1bb2e7e0371ec","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576617478721203","authorIdStr":"3576617478721203"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>Goood Stock! 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