Category: Top Story

Palantir Technologies (NASDAQ:PLTR) and Knox Systems have announced a partnership aimed at reducing the time required to deploy commercial software within US federal government environments, including systems subject to FedRAMP and Impact Level 5 (IL5) security requirements. The agreement will combine Palantir’s experience in deploying software through accredited government infrastructure with Knox Systems’ managed federal…

Netflix (NASDAQ:NFLX) is expected to face questions about subscriber engagement, revenue growth and its content strategy when it reports third-quarter financial results on Tuesday, as competition from alternative streaming platforms continues to increase. Analysts forecast that the company will report its slowest third-quarter revenue growth in three years, while recent industry data indicate a decline…

Uber Technologies (NYSE:UBER) said on Monday that it had successfully secured the dismissal of two lawsuits seeking approximately £340 million ($453 million) in damages over allegations concerning its private hire vehicle operating licence in London. The legal actions were brought in 2024 by thousands of London black cab drivers and two former private hire companies.…

Intel (NASDAQ:INTC) shares gained nearly 4% in premarket trading on Monday after JPMorgan upgraded the semiconductor manufacturer from Underweight to Neutral and the company disclosed an agreement to manufacture chips for Tesla (NASDAQ:TSLA) using its forthcoming 14A production process. The brokerage’s revised recommendation follows a decline of approximately 36% in Intel’s share price from its…

CoreWeave (NASDAQ:CRWV) has faced a substantial selloff in its bonds, raising questions among credit investors about the financing costs and risks associated with the expansion of artificial intelligence infrastructure. The data centre operator’s bonds, issued in June with a yield of 9.675%, have declined in price, pushing their yield to approximately 15% this week. The…

Short interest in stocks listed on the New York Stock Exchange (NYSE) reached a record high in late September, exceeding 21 billion shares for the first time, according to data from EPFR’s global market intelligence team. The firm’s semi-monthly figures showed that the number of shares held in short positions increased by 2.7% during the…

JPMorgan strategists expect third-quarter corporate earnings to provide support for equity markets, citing indications that profit growth is expanding beyond artificial intelligence-related companies and across a wider range of sectors. A team led by Mislav Matejka said earnings expectations remain elevated at the index level but become more moderate when the contribution from individual companies…