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Palantir boosts its earnings forecast on strong AI demand, but stock falls
Palantir Technologies Inc. boosted its outlook on Monday afternoon as the company’s AI platform continues to gain traction.
Howard Schultz weighs in on Starbucks’ disappointing earnings
Investors have been punishing Starbucks since its earnings miss last week. Now the company’s former chairman and CEO is speaking his peace about the disappointing quarter. Howard Schultz took to
Report: 3 huge media companies face Chapter 11 bankruptcy
Data shows that it's likely only a matter of time before all 3 companies are forced to seek bankruptcy protection.
Social Security now expected to run short on funds in 2035, one year later than previously projected, Treasury says
A brighter economic outlook has helped push Social Security's projected trust fund depletion date one year later. But there's still urgency for Congress to act.
Why a potential Israeli invasion of Rafah matters to the oil market
An Israeli invasion of Rafah in Gaza would likely stoke fears of a wider Middle East conflict that could endanger the flow of crude oil.
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of
Markets aren't prepared for the price swings that could follow a too-close-to-call election, Goldman says
It's not a matter of who wins the election that matters, but rather when they win the election that matters most, Goldman Sachs said.
The U.S. is updating its Social Security estimates. Here’s what you need to know.
A government report due later on Monday will issue fresh projections on how long the trust funds for Social Security and Medicare will last.
Palantir Earnings Day Is Here. The Focus Is On AI.
Palantir shares have surged 36% this year—and more than 200% over the last 12 months—as the data analytics software company gains traction with its artificial intelligence applications, in particular
US Steel Stock Rises After European Approval of Sale to Nippon Steel
Key Takeaways European regulators on Monday gave their approval of Nippon Steel's $14.9 billion purchase of U.S. Steel.European officials said the acquisition wouldn't raise competition concerns in
IMF chief Kristalina Georgieva calls U.S. debt load 'mind boggling'
IMF chief Kristalina Georgieva calls U.S. debt load 'mind boggling' in opening remarks at the Milken Institute Global Conference in Beverly Hills.
Popular beauty brand closing without a Chapter 7 bankruptcy filing
First, regular customers may notice that certain items go out of stock more often and that shelves feature odd sizes and less popular merchandise. That happens when a company tries to preserve cash
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