How 2023 Will Prepare Us for the Year Ahead
Subscribers to Chart of the Week received this commentary on Sunday, December 31. The past 12 months on Wall Street showed an unexpected level of resilience...
05Jan
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05Jan
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05Jan
Analyst: Don't Buy The Hype On Palantir's AI Advantage
<p><strong>Palantir Technologies Inc (NYSE:PLTR) </strong>is 1.8% lower to trade at $15.86 this morning, after Jefferies downgraded the stock to "underperform" from "hold." The Wall Street analyst said the company's near-term <strong><a href="https://www.schaeffersresearch.com/content/news/2023/08/31/analyst-is-palantir-stock-the-right-ai-play" target="_blank">artificial intelligence (AI)</a></strong> lead is overhyped, and PLTR's resulting surge on the charts puts it at "unsustainable valuation levels."</p> <p>Options...
05Jan
Peak XV-backed MobiKwik seeks to raise $84 million in India IPO
Indian financial services startup MobiKwik seeks to raise about $84.2 million through issue of new shares in an initial public offering in the home market, it said in a draft prospectus filed with the local markets regulator Friday. This is the second time MobiKwik has filed the paperwork for an...
04Jan
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04Jan
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04Jan
Exponent Founders Capital, led by Plaid and Robinhood alums, raises $75M to invest in early-stage startups
Exponent Founders Capital, an early-stage venture firm founded by alumni of startups such as Plaid, Robinhood and Ramp, has closed on $75 million in capital commitments, TechCrunch is the first to report. The firm, which is emerging from stealth today, raised $50 million for its first fund in November of...