Palantir shares rise after Goldman sovereign AI upgrade
Palantir Technologies shares were up about 2.4% at $203.57 Friday morning after a Goldman Sachs upgrade, as “sovereign AI” strengthened the growth case, according to MarketWatch.
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Goldman upgrades Palantir to buy
Goldman Sachs raised Palantir to buy from neutral, citing its positioning in bespoke software, sovereign AI and broader enterprise demand for AI tools. The stock was up 1.6% after the note.
Goldman upgrades Palantir to buy
Goldman Sachs upgraded Palantir to buy from neutral, saying the company is positioned to benefit from growth in bespoke software and sovereign AI. The stock was up 1.6%.
Nasdaq falls on AI revenue fears, oil gains
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Bitcoin falls to around $81,500 as markets weaken
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin slips to around $81,500
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.
Bitcoin falls to around $80,800
Bitcoin moved down to around $80,800 in Thursday afternoon trading as Wall Street weakened. The move was reported alongside broader declines in U.S. stocks and a drop in Treasury yields.
Goldman upgrades Palantir on AI software demand
Goldman Sachs upgraded Palantir to buy from neutral, saying the company is well placed to benefit from faster growth in bespoke software and sovereign AI. The firm also cited Palantir’s expansion in financial services, semiconductors, neoclouds and U.S. government work.
Palantir jumps after Goldman upgrade
Palantir rose more than 3% after Goldman Sachs upgraded the stock to buy from neutral and lifted its price target to 230. The move put the shares into profit zone from a 163.70 entry.