Palantir’s status as a top tech defense contractor for the US and Israel lifted shares as investors take cover from the Middle Eastern conflict.
Category: Business
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Bitcoin’s “digital gold” narrative takes a further hit amid Mideast conflict
The asset is once again not acting as a safe haven the way gold has. -
Happy Read Across America Day — 40% of US adults didn’t read a single book last year
A YouGov survey finds that the top 4% of American readers accounted for nearly half of all books consumed in 2025. -
Good news: Tesla sales stabilized in Europe. Bad news: Europe’s not buying much.
It’s good news but a small market. -
Nvidia gains after being named Morgan Stanley’s top pick in semis, striking two optical communications partnerships
Nvidia is no stranger to doubt early in the year, Morgan Stanley noted, and tends to prove the doubters wrong. -
First Snapchat, now TikTok: Instagram has mastered the art of borrowing features
The latest user data suggests its pivot to video with Reels over five years ago has paid off. -
Apple unveils $599 iPhone 17e with A19 chip
It’s an upgrade from last year’s iPhone 16e. -
Fears of increased global shipping costs add to Sony, Nintendo headaches
Both Nintendo and Sony ship their popular video game consoles using sea freight. -
Lumentum and Coherent surge after Nvidia invests $2 billion apiece to develop advanced optics technologies
Shares of Lumentum (LITE) and Coherent (COHR) are mooning in premarket trading after AI juggernaut Nvidia (NVDA) announced that it was investing $2 billion in each firm to develop their advanced optics… -
Speculative stock downturn accelerates amid Middle East conflict
The factors key to these speculative themes are out of favor. -
SpaceX to expand Startlink’s mobile coverage as it seeks $1.75 trillion IPO valuation
Starlink expects to connect 25 million monthly users by the end of the year on a service the company says will allow video calls and streaming. -
Stock futures dip, oil surges after US military strikes against Iran
US equity futures are lower, oil is up, and safe haven assets like gold and the US dollar are getting a bid.
