Sectors: Technology
Softer result after market close this morning see’s GOOGL US shares trading down 5% after hours;
Palantir is a major provider of software and technology services to defence agencies. CEO Alex Karp attributed much of the company’s growth to its use of AI.
Family tracking stock 360 was the worst performing major tech stock on Monday courtesy of its major US earnings and planned future expansion.
After a volatile week for the biggest US technology companies that began with a shock from a Chinese AI upstart and included a batch of pivotal earnings, the biggest surprise may be how well they ultimately fared
Readytech (RDY) and IPH Limited (IPH) are two companies that a number of brokers have as buys or strong buys with significantly higher share price targets. I believe RDY is or was recommended by MM. However their share prices continue to underperform. Your thoughts would be appreciated, including whether these are short-term issues rather than longer term concerns. Many thanks
Hi Guys,
Family location-sharing company Life360 corrected 24% after it announced that CEO Chris Hulls had sold down a portion of his shareholding in late December. In hindsight, we were too fussy, focusing on the average result in late 2024.
Even after missing sales and earnings expectations, Tesla rallied +2.8% on Thursday night. It must be the “Musk effect.” The results illustrated a balance between strong energy storage advances and automotive sector challenges.
2Q results out after market last night and while top line revenue was a beat, the cloud component came in a touch below expectations, and this will be a bit of a concern for the market.
