WS #13400
Palantir shares surged ~25% after Q2 revenue rose 93% and guidance was raised by ~$500M, reinforcing the AI trade. Amazon's market cap surpassed $3 trillion, but Bezos plans to sell $4.1B in shares, a bearish counter-signal. Fed officials Williams and Paulson signal current rates are sufficient, dampening rate-hike expectations and supporting growth stocks.
Palantir blowout earnings
Palantir shares surged ~25% after Q2 revenue rose 93% and guidance was raised by ~$500M, reinforcing the AI trade.
Amazon's market cap surpassed $3 trillion, but Bezos plans to sell $4.1B in shares, a bearish counter-signal.
Fed officials Williams and Paulson signal current rates are sufficient, dampening rate-hike expectations and supporting growth stocks.