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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.
CryptoQuant said bitcoin miners moved back into profitability in late August when bitcoin crossed $76,000, and that they are no longer dumping bitcoin to stay afloat. Bitcoin fell 2.6% to $81,272.
Analysts at Raymond James described Levi Strauss's most recent quarter as “a little messy,” citing softer-than-expected direct-to-consumer results, weaker U.S. product resonance and insufficient inventory in key low-rise styles.