WS #13399
Palantir's Q2 revenue surged 93% and guidance was raised, sending shares up ~25% and reinforcing the AI trade. Amazon's market cap surpassed $3 trillion, but Bezos's planned $4.1B share sale is a bearish counter-signal. Fed officials Williams and Paulson signal current rates are sufficient, dampening rate-hike expectations and supporting growth stocks.
Palantir AI Earnings Blowout
Palantir's Q2 revenue surged 93% and guidance was raised, sending shares up ~25% and reinforcing the AI trade.
Amazon's market cap surpassed $3 trillion, but Bezos's planned $4.1B share sale is a bearish counter-signal.
Fed officials Williams and Paulson signal current rates are sufficient, dampening rate-hike expectations and supporting growth stocks.