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News 2026-07-02 09:02 UTC
On Wednesday, Palantir Technologies Inc. (NASDAQ: PLTR ) CEO Alex Karp argued that many enterprise customers are growing increasingly skeptical of frontier AI companies, warning that businesses fear sacrificing their intellectual property and competitive advantage in exchange for AI services. Alex Karp Says Enterprises
News 2026-07-01 13:02 UTC
Wall Street’s AI boom has produced some eye-popping winners over the past two years, but one of its most surprising may not be a chipmaker at all. It is Caterpillar Inc. (NYSE: CAT ). Known for its bulldozers, excavators and heavy construction equipment, Caterpillar now trades at a richer earnings valuation than Nvidia
News 2026-07-01 11:06 UTC
CNBC commentator Jim Cramer shared a unique experience he had after publishing his views on the underperformance of the Magnificent 7 story. Cramer took to X late Tuesday and wrote, “I did a tough piece this evening about the Mag 7 underperformance. It hurt.” The CNBC host then went on to share an encounter with a chee
News 2026-06-30 18:11 UTC
PACS Group, Inc. (NYSE: PACS ) stock climbed more than 7% on Tuesday after the company announced plans to expand its post-acute care portfolio through the acquisition of the operations of 34 skilled nursing facilities from Eduro Healthcare. Acquisition Expands Footprint The portfolio includes 3,633 skilled nursing beds
News 2026-06-30 14:10 UTC
For much of the artificial intelligence rally, Nvidia Corp. (NASDAQ: NVDA ) was synonymous with expensive valuations. But that’s no longer the case. Despite becoming the world’s most valuable company with a market capitalization approaching $4.7 trillion, Nvidia now trades at roughly 30 times trailing earnings, per Pro