Straits Times Index
3,300.04 -3.15 (-0.10%) S&P 500
5,183.99 +3.25 (+0.06%) Dow
38,871.24 +18.97 (+0.05%) Nasdaq
16,325.87 -23.38 (-0.14%) Bitcoin USD
63,222.90 +53.47 (+0.08%) CMC Crypto 200
1,311.50 -53.62 (-3.93%)
PLTR May 2024 29.500 call
| Previous close | 0.6000 |
| Open | 0.0200 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 29.50 |
| Expiry date | 2024-05-10 |
| Day's range | 0.0100 - 0.0300 |
| Contract range | N/A |
| Volume | |
| Open interest | 4.97k |
- Yahoo Finance Video
Palantir stock falls on weak full-year outlook
Shares of Palantir Technologies (PLTR) fell sharply during Tuesday's trading session after reporting its first quarter earnings results. Despite surpassing revenue estimates by posting $634.34 million, beating the projected $615.85 million, the company's weaker-than-expected full-year outlook cast a shadow over its performance, weighing heavily on shares. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Reuters
US STOCKS-Wall Street extends gains as rate-cut hopes linger
U.S. stock indexes rose on Tuesday, extending their recent run on expectations that the Federal Reserve will cut interest rates this year, while a drop in Walt Disney shares following quarterly results limited overall market gains. Walt Disney fell 9.7%, on track for its biggest percentage fall since November 2022, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
Barrons.comPalantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers. Palantir shares, which rallied 8.1% in Monday’s regular session, were down more than 14% to $21.56 in midday trading Tuesday. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet.
