Palantir Technologies Inc.’s stock is surging 13% in Tuesday morning trading, and analysts can’t agree on whether that big boost is warranted. The stock’s sharp move higher comes in the wake of Palantir’s PLTR, +14.06% fourth-quarter earnings report, which brought a surprise profit — the data-software company’s first ever — …
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Text size Networking-equipment provider Arista continued to benefit from strong demand from cloud-computing players in the fourth quarter. Dreamstime Arista Networks stock is gaining ground in late trading Monday after the networking-infrastructure provider posted better-than-expected results for the December quarter. Arista (ticker: ANET) providers routers and other networking gear to …
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Text size Caterpillar stock is up 23% over the past 12 months, outperforming the S&P 500 by about 30 percentage points. Justin Sullivan/Getty Images For one analyst, it’s time to take profits in Caterpillar stock. Monday, Baird analyst Mig Dobre downgraded Cat (ticker: CAT) stock to Hold from Buy. His …
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‘It’s outrageous’: Biden blasts Big Oil’s record profits amid the ‘energy crisis’ — proposes quadrupling the tax on buybacks. Here’s how much the 3 giant US-based producers made in 2022 Thanks to strong oil prices, oil producers had a great year in 2022. But President Joe Biden is not a …
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If you think oil and gas giants made boatloads of money last year, take a look at Big Tech. In 2022, when investors were falling out of love with high-growth names, four of the U.S’s biggest technology companies collectively posted about 41% more net income than five of the energy …
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