By Patrick Timely The S&P 500 has pushed to fresh all-time highs as investors weigh resilient economic growth against a shifting Federal Reserve outlook. With monetary policy nearing a pause and earnings momentum holding up, major banks argue that the index still has room to run despite elevated valuations. At current levels, the rally is […]
Tag: EPS
By Marco Piccolo Key highlights: Opendoor stock is down 21% in pre-market trading after disappointing Q3 earnings and a weak Q4 outlook The company posted Q3 revenue of $915 million, beating estimates, but missed on EPS and adjusted EBITDA CEO Kaz Nejatian outlined a long-term path to profitability, but short-term losses and declining transactions rattled […]
By Marco Piccolo Key highlights: Palantir stock dropped over 7% despite surpassing Q3 earnings and revenue expectations. Valuation concerns and “sell-the-news” sentiment contributed to the decline. Michael Burry’s short position on Palantir intensified market skepticism around AI valuations. Palantir Technologies (PLTR) reported robust third-quarter results, beating Wall Street expectations across the board. Yet, PLTR stock […]