{ }
As 2025 approaches, the Ark Innovation ETF is poised for recovery amid a tech sector rally, though some mega-cap stocks may face valuation challenges. While the Magnificent Seven have driven market gains, analysts warn that companies like Apple and Tesla may struggle due to high price-to-earnings ratios. In contrast, AI software stocks are expected to gain traction, with a shift in investor focus from hardware to practical applications of AI, benefiting companies like SoundHound and Palantir.
The Straits Times Index (STI) fell 2.43% this week, closing at 3,719.93 amid global economic concerns. CapitaLand Investment announced a S$162 million sale of its stapled securities and plans to acquire Wingate Group's investment management business for A$200 million. Jardine Matheson Holdings saw a significant decline of over 7%, while the U.S. markets continued their downward trend despite a late-week rally.
MicroStrategy has appointed former Binance.US CEO Brian Brooks, along with Jane Dietze and Gregg Winiarski, to its board of directors, expanding the board to nine members. This announcement follows MicroStrategy's inclusion in the Nasdaq-100 Index, effective December 23. Brooks, who previously served as acting Comptroller of the Currency, is noted for his significant connections in the banking and crypto sectors.
Palantir Technologies' stock, which surged over 78% in the past two months, fell 3.62% in pre-market trading after UBS analyst Karl Kierstead assigned a neutral rating, citing concerns over its high valuation at 49 times revenue and 124 times free cash flow for 2025 estimates. Despite positive fundamentals, the average price target from analysts is $34.13, indicating a potential downside. The company recently extended its partnership with the U.S. Army, valued at $400.7 million, aimed at enhancing data and AI capabilities.
Palantir Technologies' stock, which surged over 78% in the past two months, fell 3.62% in pre-market trading after UBS analyst Karl Kierstead assigned a neutral rating, citing concerns over its high valuation at 49 times revenue and 124 times free cash flow for 2025 estimates. Despite positive fundamentals, the average price target from analysts is $34.13, indicating a potential downside. The company recently extended its partnership with the U.S. Army, valued at $400.7 million, aimed at enhancing data and AI capabilities.
Palantir Technologies Inc. has been downgraded to Neutral by UBS. The company specializes in software development for counter-terrorism, offering four key platforms: Gotham for data pattern detection, Foundry for data management, Apollo for cloud-agnostic deployment, and AIP for responsible AI use across enterprises.
UBS has initiated coverage of Palantir Technologies with a Neutral rating and an $80 price target, citing strong fundamentals but challenging valuation at 49x revenue and 124x free cash flow for 2025 estimates. While the company is well-positioned for AI-driven growth, analysts prefer to wait for a better entry point due to the steep valuation, despite projecting revenue growth of 28% in 2025. Palantir's impressive performance has attracted significant investor interest, with shares up 333% year-to-date.
UBS has initiated coverage of Palantir Technologies with a Neutral rating and an $80 price target, citing strong fundamentals but challenging valuations at 49x revenue and 124x free cash flow for 2025. While the company is well-positioned for AI-driven growth, analysts prefer to wait for a better entry point due to the steep valuation, despite projecting revenue growth of 28% in 2025. Palantir's impressive year-to-date performance, with shares up 333%, has attracted significant investor interest, particularly from institutional investors.
UBS has initiated coverage of Palantir Technologies with a Neutral rating and an $80 price target, citing strong fundamentals but challenging valuations at 49x revenue and 124x free cash flow for 2025 estimates. While the company is positioned for AI-driven growth and has received positive feedback from major customers, analysts prefer to wait for a better entry point due to the steep valuation. Despite these concerns, Palantir's fundamentals have attracted significant investor interest, with shares up 333% year-to-date.
Insiders have sold 35.6 million shares of Palantir Technologies, valued at $1.87 billion, with 12.93% of the stock owned by insiders. Institutional investors increased their stakes significantly, with State Street Corp boosting its position by 96.4%. Analysts currently rate the stock as "Hold," with a target price averaging $41.00.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.