Palantir Technologies is betting big on a simple idea: The U.S. government should never have to depend on someone else’s AI model to protect the country. That idea is now a formal partnership. Palantir (PLTR) recently announced it is teaming with NVIDIA to give federal agencies and companies that run critical U.S. infrastructure their own
Apple (AAPL) is reportedly prepping for a 2027 hardware push that will go beyond the usual chip refresh. The Cupertino giant is testing new iPad Pro models and working on a redesigned MacBook Pro, a Bloomberg report cited by Seeking Alpha noted, setting up what could become one of its more important product cycles in
Kroger Co (KR) agreed on Wednesday, July 1, to acquire Giant Eagle, the family-owned grocery and pharmacy chain based in Pittsburgh, according to Kroger investor relations. The price tag is $1.65 billion, a fraction of the $24.6 billion merger Kroger tried to complete with Albertsons before courts blocked it in 2024, Newsweek reported. Investors did
Palantir (PLTR) CEOAlex Karp just pitched the company’s next big AI moment as a trust crisis. In a fresh television appearance on CNBC’s “Squawk Box,” Karp said the AI boom has created a problem most businesses aren’t too eager to say out loud. Investors are chasing bigger models and faster chips. Still, Karp cut through
Investors seem to be missing or misunderstanding the key details of Nvidia’s long-term strategy. We can see this in the stock’s performance. Nvidia (NVDA) stock is up 5.94% year to date at the time of writing, Thursday morning, July 2. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9.36% in the same period.
Micron Technology just delivered the best quarter in its history. However, three days later, a federal courtroom in California turned that story upside down. A class-action lawsuit filed on June 25 accuses Micron (MU), Samsung, and SK Hynix of secretly restricting memory chip supply to inflate prices by as much as 700% since 2022. The
It didn’t take long for SpaceX (SPCX) to turn from hype to a disappointing IPO. The stock is trading near $161 at the time of writing on Thursday afternoon, July 2, nearly 25% below its highest close of $211.39 on June 16. Many people expected it to become a typical Elon Muskmeme stock, but this
For most of the past three years, Jim Cramer kept his distance from Moderna, treating the biotech stock with skepticism bordering on avoidance. The Cambridge, Massachusetts, company had become synonymous with the pandemic trade, and Cramer’s enthusiasm faded as demand for Covid-era vaccines dried up. That changed on his “Mad Money” show on July 1,
U.S. equities have been solid so far in 2026, and according to JPMorgan’s global investment strategist, Kriti Gupta, the S&P 500 could climb as high as 9,000 by mid-2027. That would mark a gain of about 20% from where the index sits now. The bank’s analysts back that outlook with two specific picks for the
The number of airlines that had to shut down since the start of 2026 and the fuel crisis set off by the U.S. strike on Iran keeps rising. While the collapse of Spirit Airlines is the most high-profile case, Mexican holiday carrier Magnicharters also filed for bankruptcy protection in Mexico City in May while British cargo airline European