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 […]
Tag: EPS
By Jon Nielsen Key highlights: Meta shares dropped over 12%, marking the worst intraday loss since October 2022. Q3 earnings per share missed estimates due to a one-time $15.9 billion tax charge. Meta raised its capital expenditures outlook to up to $72 billion for 2025, fueling investor concerns. Trade on Plus500 CFDs are complex instruments […]
By Jon Nielsen Key highlights: Caterpillar shares surged as much as 12% to a record high following stronger-than-expected Q3 earnings. Energy and transportation sales climbed 17%, driven by growing demand from AI data centers and mining. Despite tariff headwinds and economic uncertainty, Caterpillar sees modestly higher sales heading into 2025. Caterpillar Inc. (NYSE: CAT) shares […]