To The Moon

Palantir Technologies stock saw a post-earnings surge last week following its solid Q3 results and upgraded guidance for Q4 and FY23.The company posted its fourth consecutive quarter of GAAP net incom

Buffett's right-hand man thinks AI is overhyped, but Berkshire's long-term future might depend on the technology's success.

Tesla stock had another terrible day after earnings. Investors know all too well that can happen. Tomorrow should be better.Shares tanked for the third consecutive time after the electric-vehicle maker reported quarterly numbers. Shares dropped 9.7% after the company reported first-quarter 2023 earnings. Shares dropped, amazingly, the same percentage after it reported second-quarter numbers. Shares dropped 9.3%, closing at $220.11, after the auto maker posted disappointing third-quarter results on Wednesday.The S&P 500 and Nasdaq Composite fell 0.9% and 1%, respectively.The problem was essentially profit margins and pricing. Price cuts pushed operating profit margins below 8%, down almost 10 percentage points year over year. Tesla CEO Elon Musk didn't sound upbeat on the company's conference call either, talking about high interest rates hurting demand and stormy economic seas.History tells us Telsa may get a mild bounce now. Shares have gained an average of 0.4% the day after a post-

Palantir Lands Contract Renewal From U.S. Homeland Security

SummaryPalantir scrapped its 30% sales growth forecast for 2022.Losses are widening, thanks to SBC.I

Call it a rounding error.In fact Musk disclosed onTwitterWednesday that he had made an error in his initial filing that showed he had purchased 73.5 million shares, which works out to a 9.2% stake in the company.His filing Tuesday night disclosed the correct number of shares: 73.1 million shares, or a 9.1% stake. When some took that to mean he had already sold nearly 400,000 of those initial 73.5 million shares, he responded that the difference was due to a filing mistake.As for how little a $1