|
10.08.25 - 14:18
|
Companies aiding Trump′s immigration crackdown see ′extraordinary′ revenues (The Guardian)
|
|
Palantir, Geo Group and CoreCivic, cogs in president's enormous detention and deportation machinery, report 'unprecedented growth'The tech, surveillance and private prison providers arming Donald Trump's massive expansion and weaponization of immigration enforcement are running a victory lap after reporting their latest financial results.Palantir, the tech firm, and Geo Group and CoreCivic, the private prison and surveillance companies, said this week that they brought in more money than Wall Street expected them to, thanks to the administration's crackdown on immigrants. Continue reading......
|
|
|
|
05.08.25 - 18:12
|
Daten-Firma Palantir steigert Umsatz um 48 Prozent (Die Welt)
|
|
Das Geschäft der für ihre Zusammenarbeit mit US-Sicherheitsbehörden bekannten Datenanalyse-Firma Palantir wächst rasant dank Künstlicher Intelligenz. Darüber spricht Dietmar Deffner mit Tech-Investor und Index-Experte Thomas Rappold....
|
|
|
|
|
|
05.08.25 - 15:51
|
UBS Reacts To Palantir Earnings: "No Cracks In The Story" (ZeroHedge)
|
|
UBS Reacts To Palantir Earnings: "No Cracks In The Story"
"This is still only the beginning of something much larger and, we believe, even more significant," Palantir Technologies CEO Alex Karp wrote in a letter to shareholders following the positive earnings release on Monday evening.
Karp continued, "Our overall business generated more than $1 billion in revenue for the second quarter of the year, a stunning 48% increase over the same period the year before, as we reach an annual run rate of more than four billion dollars."
Palantir's growth rate "accelerated radically", as per Karp's letter, because of three mega trends unfolding:
Custom AI application demand
Data infrastructure investment
Defense tech modernization
Here's that acceleration...
Bold statement by Karp:
And our U.S. commercial business—the emerging core of Palantir and the seed of what an entire industry will become, perhaps the world's most dominant, in the year...
|
|
|
|
|
|
|
05.08.25 - 13:24
|
Stocks Extend Rebound on Earnings; Trump Vows to Ramp Up India Tariffs | Bloomberg Brief 8/5/2025 (Bloomberg)
|
|
US equity futures climb after posting their biggest gains since May fueled by rate-cut bets and earnings. President Trump says he will raise the tariff on Indian exports to the US over India's purchases of Russian oil. Palantir reports strong sales and cites the "astonishing" impact of AI. Andrew Sheets of Morgan Stanley thinks the Fed still won't cut in September. Stephanie Roth of Wolfe Research discusses the inflationary impact from tariffs. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
|
|
05.08.25 - 13:12
|
Trump Urges India Stop Buying Oil From Russia, Palantir Hits Record Revenue | The Opening Trade 8/5 (Bloomberg)
|
|
Indian Prime Minister Narendra Modi's government hasn't given India's oil refiners instructions to stop buying Russian oil, and no decision has been taken on whether to halt the purchases, people familiar with the situation told Bloomberg, asking not to be named due to the sensitivity of the matter.
Palantir Technologies' unstoppable rally the past year has yielded more than sixfold gains for investors. The firm reported a 48% increase in second-quarter revenue as it topped $1 billion in a quarter for the first time, saying artificial intelligence was having an “astonishing impact” on its business.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta, Oliver Crook and Valerie Tytel. (Source: Bloomberg)...
|
|
|
|
|
|