DIRS.INFO The most relevant business & tech news

☆ Palantir CEO says its unconventional boot camps are drawing crowds and driving sales: 'It's like a rock concert'
▼ + stars: | 2024-04-23 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

It's been putting on boot camps to attract customers, per Bloomberg. CEO Alex Karp has likened them to "a rock concert;" they've included perks like racetrack drives. The data mining company, cofounded by PayPal Mafia member Peter Thiel, has been holding software boot camps to recruit new customers, Bloomberg reported Tuesday. The company put on over 500 boot camps last year and expects to average five camps a day globally this year, according to Bloomberg. It's like, yeah, yeah, if you know somebody, we can get you backstage."

Persons: Palantir, It's, Alex Karp, —, Peter Thiel, Morningstar, Malik Ahmed Khan, Rishi Jaluria Organizations: Bloomberg, Service, PayPal Mafia, AIP, RBC Capital Markets Locations: Pontiac , Michigan

☆ Outperforming fund manager says this software stock is set to be a 'serious player' in a corner of AI, gives it nearly 60% upside
▼ + stars: | 2024-03-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

One stock is a "promising AI investment" and set to be a "serious player" in a corner of the space, according to Brian Stutland of Equity Armor Investments. They are really starting to become very creative in the AI world," Stutland, a portfolio manager at the firm, told CNBC's "Street Signs Asia " last week. Palantir has been scaling its Artificial Intelligence Platform, or AIP, and Karp said the company carried out nearly 600 pilots with the technology last year. Shares of Palantir jumped nearly 10% on March 6 after Palantir announced its Tactical Intelligence Targeting Access Node was selected by the U.S. Army . TITAN uses artificial intelligence to provide targeting information for missiles.

Persons: Brian Stutland, That's Palantir, CNBC's, Alex Karp, Palantir, Karp, Stutland, Morningstar, Dan Ives, Ives, — CNBC's Ashley Capoot, Keris Lahiff Organizations: Equity, Investments, AIP, Intelligence, U.S . Army, Fund, Wedbush, Securities, Global TAM Locations: U.S

☆ Japan's 'Big Whale' submarines add another weapon to bottle up China's navy
▼ + stars: | 2024-02-10 | by ( Ben Brimelow | ) www.businessinsider.com time to read: +9 min

Named, JS Raigei (“Thunder Whale” in Japanese), the diesel-electric attack sub is the fourth boat of the Taigei-class , which translates to “big whale.”Its launch comes almost exactly one year after the launch of the third Taigei-class sub, JS Jingei (or “Swift Whale”). With a building time of about two years each, Japan has launched a new Taigei-class sub every year since 2020. China’s current sub fleet, numbering some 59 boats, includes approximately 10 improved Kilo-class , 12 Type 039-class , and 21 Type 039A-class diesel-electric attack subs. Japan is building a larger submarine fleet but it is still only about a third the size of China's. AdvertisementJapan has so far launched four Taigei-class submarines since 2018; JS Taigei, JS Hakugei, JS Jingei, and JS Raigei.

Persons: —, JS, Japan’s, ”, Li Organizations: Service, Kawasaki Heavy Industries, JS Raigei, Jingei, Self, Defense Force, AIP, JS Ōryū, JS Tōryū, JS Taigei, US Navy, Center for Strategic, International Studies, JS Hakugei, JS Jingei Locations: Japan, Kobe, Soviet Union, Russia, China, Beijing, Taiwan, East, South China, Miyako Strait, Philippines, Australia, South

☆ Palantir shares rocket 25% after revenue beat, strong demand for AI
▼ + stars: | 2024-02-06 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland Januar 22, 2020. Shares of Palantir popped more than 25% Tuesday, a day after the company released fourth-quarter earnings that surpassed analysts' expectations for revenue and showed strong demand for its artificial intelligence offerings. Palantir said it expects to report between $612 million and $616 million in revenue during its first quarter, shy of the $617 million analysts were anticipating. In a letter to shareholders, CEO Alex Karp said demand for large language models in the U.S. "continues to be unrelenting." Analysts at Citi upgraded Palantir shares to neutral from sell and raised their target price from $10 to $20.

Persons: Palantir, Alex Karp, Karp Organizations: Palantir Technologies, U.S ., Wall, AIP, Citi, Government Locations: Davos, Switzerland, U.S

☆ Palantir stock jumps 17% on revenue beat
▼ + stars: | 2024-02-05 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Palantir shares surged more than 17% in after-hours trading after the company reported fourth-quarter earnings that beat analysts' expectations for revenue. Palantir said it expects to report between $612 million and $616 million in revenue during its first quarter, and it guided revenue for the full year between $2.65 billion and $2.67 billion. Wall Street was expecting $617 million during the first quarter and $2.66 billion in revenue for the full year. Palantir, known for its defense and intelligence work with the U.S. government, said its U.S. commercial revenue grew 70% year over year. Last quarter, Palantir reported its fourth-straight quarter of profitability, which means it is now eligible for inclusion in the S&P 500.

Persons: Palantir, Alex Karp, LSEG, Karp Organizations: U.S, Senate, Intelligence, Capitol, Washington , D.C, LSEG, AIP, U.S . Locations: Washington ,, U.S

☆ Southwest Airlines pilot pay would increase 50% under new labor contract
▼ + stars: | 2023-12-19 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Southwest Airlines and its pilots' union have reached a new preliminary labor agreement that would give pilots 50% cumulative pay increases over the life of the contract, a deal that could end years of tense negotiations. The five-year deal is worth about $12 billion, Casey Murray, president of the Southwest Airlines Pilots Association, told CNBC on Tuesday. In comparison, larger rival United Airlines ' new four-year pilot contract is worth about $10 billion, according to the aviators' union. Once the contract becomes amendable, Southwest pilots would get 2.5% annual bonuses until the airline and union reach a new agreement. FedEx pilots rejected an preliminary deal earlier this year, while UPS pilots' union is set to start negotiations in mid-2024.

Persons: Casey Murray Organizations: Southwest Airlines, Southwest, U.S, Southwest Airlines Pilots Association, CNBC, United Airlines, United, Delta, FedEx, UPS, U.S . Department of Transportation, Labor, Hollywood, United Auto Workers union Locations: Southwest

☆ Morgan Stanley downgrades this big AI winner, says stock can fall more than 40%
▼ + stars: | 2023-08-31 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Difficulties monetizing around artificial intelligence could spell bad news for Palantir after its massive rally, Morgan Stanley warned. Analyst Keith Weiss downgraded the data analytics stock to underweight from equal weight while adding $1 to his price target to $9. Still, Weiss' target implies shares could tumble 44.9% in the next year from Wednesday's close. Shares have surged 154.4% this year as investors bought into names with AI exposure. Palantir's challenges could lead to "sell the news" events for the nearly 3-year-old stock , Weiss said.

Persons: Morgan Stanley, Keith Weiss, Weiss, monetizing, — CNBC's Michael Bloom Organizations: Palantir, AIP Locations: Wednesday's

☆ This stock will benefit as companies and governments implement secure AI, Bank of America says
▼ + stars: | 2023-08-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Bank of America expects this software stock to benefit from heightened demand for secure solutions as artificial intelligence disrupts the world. Analyst Mariana Perez Mora reiterated her buy rating on Palantir Technologies and $18 price target, calling the company a "key player" even after its recent pullback. Palantir sits in a "unique position" as an enabler of AI implementation across commercial and government sectors, she said. Based on Bank of America's price target, Perez Mora sees more upside in store, with the $18 objective implying shares could rally another 23% from Monday's close. Key to Palantir's growth story is its recently released AI platform, which fuels the growing need for secure and reliable data infrastructure, Perez Mora said.

Persons: Mariana Perez Mora, Palantir, Perez Mora, — CNBC's Michael Bloom Organizations: of America, Palantir Technologies, Bank of, AIP, U.S . Department, National Health Service Locations: Monday's

☆ Palantir's A.I. ambitions divide analysts. A bull and bear make their cases
▼ + stars: | 2023-08-08 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. Palantir Technologies raised its annual revenue target on Monday as it sees an opportunity to commercialize AI, but not all analysts are convinced. On Monday, CEO Alex Karp said Palantir's aim is to make money from AI, instead of merely producing tools that write computer-generated poetry. "We will figure out how to monetize it," Karp said, referring to Palantir's artificial intelligence platform, or AIP. Dan Ives, managing director at Wedbush Securities, is bullish on Palantir's AI ambitions.

Persons: Alex Karp, Karp, Dan Ives, That's, Ives, Palantir Organizations: Palantir Technologies Inc, P Global, Palantir Technologies, AIP, Wedbush Securities, U.S . Special Operations Command Locations: Houston , Texas, CNBC's

☆ Lost samples from a secret army base reveal that Greenland's ice vanished 416,000 years ago. That means it could melt way faster than expected.
▼ + stars: | 2023-07-30 | by ( Maiya Focht | ) www.businessinsider.com time to read: +5 min

The data comes from long-lost ice cores obtained during a secret army mission during the Cold War. Grabbing ice cores for scientists to study served as a perfect cover for their real intention, burying nuclear missiles within Greenland's ice sheet, in a scheme known as Project Iceworm. Along with the ice, scientists grabbed 12 feet of sediment that sat beneath the ice sheet. "The ancient frozen soil from beneath Greenland's ice sheet warns of trouble ahead," Bierman and co-author Tammy Rittenour wrote in The Conversation. Essentially, in the coming centuries, climate change will cause the Greenland ice sheet to melt completely, the researchers said.

Persons: Paul Bierman, Bierman's, Andrew Christ, Josh Brown, Bierman, Tammy Rittenour, Kasl, David Atwood, Emilio, It's Organizations: Service, University of Vermont, U.S . Army, Oceanic Locations: Greenland, Danish, U.S, Miami, Manhattan

June 29 (Reuters) - AIP Capital said it was in talks to pick up a 10% stake in Eastar Jet as the aviation asset management arm of U.S.-based private equity firm 777 Partners seeks to tap into the travel resurgence in Asia. AIP would also lease five Boeing 737 MAX 8 jets to the South Korean low-cost airline, it said without disclosing the additional terms of the deal, which is expected to close mid-July. In 2021, Eastar Jet had filed for court receivership as the COVID-19 pandemic battered the travel industry. Earlier this year, South Korean private equity firm VIG Partners bought the airline and agreed to inject 100 billion Korean Won ($75.98 million) into the carrier, according to a DealStreet report. Separately, AIP announced that it has closed a minority investment and joint venture agreement with consulting and investment firm Dreamstone Aviation Partners.

Persons: Eastar Jet, Jared Ailstock, 1,316.2100, Abhijith, Shilpi Majumdar Organizations: AIP, Jet, Partners, Boeing, South, VIG Partners, Won, Dreamstone Aviation Partners, Thomson Locations: U.S, Asia, Dreamstone, Bengaluru

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Amazon, Delta, Rivian, Disney & more
▼ + stars: | 2023-06-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Evercore ISI reiterates Apple as outperform Evercore said it's bullish on Apple's venture into augmented and virtual reality. " Morgan Stanley upgrades U.S. Foods to overweight from equal weight Morgan Stanley said in its upgrade of the stock that it sees "optionality." Morgan Stanley initiates Everest Re Group as overweight Morgan Stanley said it's bullish on shares of the insurer. Morgan Stanley initiates Arch Capital as overweight Morgan Stanley said the insurance company is "best positioned for secular growth opportunities." Morgan Stanley upgrades Avis Budget to overweight from equal weight Morgan Stanley said it likes the company's profitability potential.

Persons: Evercore, it's, it's bullish, Piper Sandler, Tesla, Piper, we've, Morgan Stanley, Baidu, Read, Philip Morris, Raymond James downgrades Palantir, Raymond James, Goldman Sachs, Goldman, Canaccord, Bud, Chipotle Organizations: Apple, Pro, Credit Suisse, Citi, Delta Citi, Bank of America, Inc, Foods, Everest, Arch, Avis, OW, Nvidia, Data Center, BMO, Securities, Disney, ESPN, Anheuser Busch InBev Locations: 1H23, 2Q23, China, combustibles, Hulu

☆ These stocks have 'sizeable upside' and are poised for a second-half breakout, analysts say
▼ + stars: | 2023-06-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"Therefore, we think COMP represents one of the best margin upside stories in our coverage," he said. "Our conclusion is there is solid upside left both fundamentally in terms of upside vs consensus and subsequent stock upside for a few reasons," he said. "Reiterate OW- Still sizeable topline (and stock) upside left at elf," he said. elf Beauty- Morgan Stanley, overweight rating "Timeless Beauty; Reiterate OW- Still Sizeable Topline (and Stock) Upside Left at ELF. ... Our conclusion is there is solid upside left both fundamentally in terms of upside vs consensus and subsequent stock upside for a few reasons.

Persons: Compass Oppenheimer, Jason Helfstein, Helfstein, Morgan Stanley, Dara Mohsenian, Mohsenian, Mariana Perez Mora, PLTR, Perez Mora, Palantir, Baird Organizations: CNBC, Compass, TAM, Bank of America, AIP, Oppenheimer, PowerSchool Locations: FQ3

☆ How Palantir is helping hospitals with tasks that used to require spreadsheets and whiteboards
▼ + stars: | 2023-06-17 | by ( Ashley Capoot | ) www.cnbc.com time to read: +11 min

In this article PLTR Follow your favorite stocks CREATE FREE ACCOUNTThe Cleveland Clinic in Cleveland, Ohio, U.S., on Saturday, Nov. 14, 2020. The Cleveland Clinic was in the midst of trying new AI-powered software from Palantir . But by accurately predicting patient discharges, Palantir's system saved Pappas, her team and the emergency department a lot of time and effort. Palantir partnered with two health-care systems, Cleveland Clinic and Tampa General Hospital in Florida, during the summer of 2021 to develop software called Palantir for Hospital Operations. Zoom In Icon Arrows pointing outwards Schedule review within Palantir for Hospital Operations Palantir

Persons: Dustin Franz, Rita Pappas, Pappas, —, Palantir, Shyam Sankar, Sankar, Alex Karp, Dr, Peggy Duggan, Drew Goldstein, Jeremy David, Palantir Drew Goldstein, Palantir's, I'm, David, Goldstein, whiteboards, Drew didn't, They've Organizations: Cleveland Clinic, Ohio Department of Health, Bloomberg, Getty Images Bloomberg, Getty, Cleveland, CNBC, Tampa General Hospital, Hospital Operations, U.S, Intelligence, Hospital Operations Palantir Nurses, American Medical Association . Companies, Tampa General, Cleveland Clinic's, Microsoft Locations: Cleveland , Ohio, U.S, Ohio, Tampa, Florida, Palantir, Florida and Ohio

May 19 (Reuters) - AIP Capital, the aviation asset management arm of 777 Partners, plans to invest up to $200 million in small and medium aerospace suppliers by the end of next year, at a time when the lower rungs of the supply chain are facing financial difficulties. The investments may include a first lien loan, and a single investment will range between $10 million and $30 million, AIP Capital Managing Partner Mathew Adamo told Reuters in an interview. AIP, which was launched earlier this week, has entered into a servicing agreement with 777 Partners to manage all commercial aircraft owned by the private-equity firm. Stamford, Connecticut-based AIP said supply chain investments would focus on companies in developed countries. It is targeting to raise $300 million to $500 million by the end of this year overall for private credit investments.

☆ Here are Tuesday's biggest analyst calls: Microsoft, Apple, Alphabet, JPMorgan, PayPal, Shoals & more
▼ + stars: | 2023-05-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan initiates Alkami as overweight JPMorgan said the regional banking software company has strong fundamentals. " Bernstein reiterates Microsoft as outperform Bernstein said AI is going "everywhere and in everything" that Microsoft does. Goldman Sachs reiterates PayPal as buy Goldman said it sees further earnings upside after the company's earnings report on Monday. " Raymond James reiterates Palantir as strong buy Raymond James said it's standing by its strong buy rating on shares of the AI beneficiary. Credit Suisse downgrades PayPal to neutral from outperform Credit Suisse said it's too "challenging" to recommend shares right now.

Organizations: & & .

☆ Palantir soars 25% on earnings beat and prediction of full-year profitability
▼ + stars: | 2023-05-08 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Shares of Palantir rose as much as 28% in extended trading Monday after the company released first-quarter earnings that beat analysts' estimates and said it expects to be profitable through the end of the year. The software company, which is known for its work with the government, said its US commercial customer count increased 50% year over year, growing from 103 customers to 155. Last quarter, Palantir marked its first ever quarter of positive net income on a GAAP basis, at $31 million. Palantir said it expects to report between $528 million and $532 million in revenue during its second quarter, and between $2.19 billion and $2.24 billion for the full year. Karp added that artificial intelligence presents "real" risks, so he said Palantir's software is designed with human involvement and oversight in mind.

NEW DELHI/BERLIN, Feb 24 (Reuters) - Germany will pursue a $5.2 billion deal with India to jointly build six conventional submarines in the country during Chancellor Olaf Scholz’s Feb. 25-26 visit, two Indian and two German sources said. Under the deal, a foreign submarine manufacturer will have to partner with an Indian company to build the submarines in India. The Indian foreign and defence ministries did not respond to requests for comment. An Indian diplomatic source told Reuters that India has asked Germany for an assurance for joint manufacturing for the submarines, not just supply-side support. Another official from the Indian foreign ministry said that “Scholz was determined to reinvigorate trade and defence ties with India”.

În calitate de observator, deputatul va face parte din misiunea Adunării Interparlamentare a Comunității Statelor Independente (AIP CSI) de monitorizare a alegerilor. Programul vizitei la Erevan include mai multe activități precum deplasarea la secțiile de votare, familiarizarea cu procesul de pregătire și desfășurare a alegerilor parlamentare anticipate din Armenia. La 27 martie 1992 a fost semnat Acordul privind înființarea Adunării Interparlamentare a CSI. Din 1994, reprezentanții AIP CSI participă la observarea alegerilor președinților, deputaților parlamentelor naționale și a referendumurilor naționale. Din Adunarea Interparlamentară CSI fac parte Parlamentele din Armenia, Azerbaidjan, Belarus, Federația Rusă, Kazahstan, Kârgâzstan, Republica Moldova, Tadjikistan, Ucraina și Uzbekistan.

Organizations: Statelor Independente, CSI Locations: Erevan, Armenia, Republicii Armenia, Tigran, Azerbaidjan, Belarus, Federația Rusă, Kazahstan, Kârgâzstan, Republica Moldova, Tadjikistan, Ucraina, Uzbekistan

☆ O delegație a Parlamentului R. Moldova va participa la monitorizarea alegerilor parlamentare din Republica Kazahstan
▼ + stars: | 2021-01-09 | by ( ) www.zdg.md time to read: +1 min

O delegație a Parlamentului Republicii Moldova se va afla, în perioada 8-13 ianuarie curent, la Nur-Sultan, Republica Kazahstan. Vasile Bolea, președinte al Comisiei juridice, numiri și imunități, și Vladimir Odnostalco, vicepreședinte al Comisiei protecție socială, sănătate și familie, sunt parte a misiunii de observatori ai Adunării Interparlamentare a Comunității Statelor Independente (AIP CSI), care va monitoriza alegerile pentru Majilis – camera inferioară a Parlamentului din Kazahstan, programate pentru duminica, 10 ianuarie. Misiunea AIP CSI este formată din 19 de observatori din state membre ale CSI. De notat că la 21 octombrie 2020, președintele kazah Kassym-Jomart Tokayev a semnat decretul care prevede organizarea alegerilor parlamentare pentru Majilis pe data de 10 ianuarie 2021. Majilis, camera inferioară a Parlamentului kazah, este format din 107 deputați aleși pentru un mandat de cinci ani.

Persons: Vladimir Organizations: Statelor Independente, CSI Locations: Republicii Moldova, Sultan, Republica Kazahstan, Kazahstan, CSI, kazah, Kazahstanului

☆ Группа молдавских депутатов – наблюдатели на выборах в Кыргызстане и Казахстане
▼ + stars: | 2021-01-09 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Так, депутаты от ПСРМ Николай Паскару и Марина Радван участвуют в мониторинге досрочных президентских выборов в Кыргызской Республике, запланированных на воскресенье, 10 января. Два депутата входят в состав миссии Межпарламентской ассамблеи Содружества Независимых Государств (МПА СНГ) по наблюдению за президентскими выборами в Кыргызстане. Два парламентария входят в состав миссии наблюдателей Межпарламентской Ассамблеи Содружества Независимых Государств (МПА СНГ). В состав миссии СНГ AIP входят 19 наблюдателей от стран-участниц СНГ. В состав группы входят парламентарии СНГ и МПА, представители Международного института мониторинга развития демократии, парламентаризма и соблюдения избирательных прав граждан государств-участников МПА СНГ, а также сотрудники секретариата Совета МПА СНГ.

Persons: Николай Паскару, Марина Радван, Василий Боля, Владимир Односталко, Талант Мамутов, Виктор Заварзин Organizations: AIP, Партия социалистов, ПСРМ, Межпарламентская ассамблея, Содружество Независимых Государств (МПА СНГ), Парламент, Межпарламентской Ассамблея Содружества Независимых Государств (МПА СНГ), СНГ, Жогорку Кенеш, МПА, Международный институт мониторинга развития демократии, Совет МПА СНГ, Государственная Дума, Федеральное Собрание, Постоянная комиссия Locations: Кыргызская Республика, Казахстан, Кыргызстан, Республика Молдова, нурсултан, Мажилис, Российская Федерация

Search resuls for: "AIP"

21 mentions found