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☆ 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

☆ Palantir CEO says short sellers bet against great companies 'so they can pay for their coke'
▼ + stars: | 2024-03-13 | by ( Todd Haselton | ) www.cnbc.com time to read: +1 min

Palantir CEO Alex Karp skewered short sellers — investors who bet on the decline in a company's stock price — in an interview with CNBC on Wednesday. "I love burning the short sellers," Karp told CNBC's Sara Eisen on "Money Movers." "Almost nothing makes a human happier than taking the lines of cocaine away from these short sellers, who like, are going short on a truly great American company. Not just ours, but just love pulling down great American companies so they can pay for their coke." When a stock goes up, short sellers are on the hook to buy back shares, potentially at a huge loss.

Persons: Alex Karp skewered, Karp, CNBC's Sara Eisen, Palantir Organizations: CNBC, American, Intelligence, U.S . Army, YouTube

☆ Stocks making the biggest moves premarket: Palantir, CrowdStrike, Foot Locker and more
▼ + stars: | 2024-03-06 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Foot Locker — Shares tumbled about 9.7% after the sneaker retailer posted a holiday-quarter loss and provided weak guidance for the current year. CrowdStrike's adjusted earnings of 95 cents per share surpassed an LSEG consensus estimate of 82 cents per share. The firm's $845 million in revenue was also higher than the estimated $839 million. That's higher than analysts' calls for $1.65 per share on revenue of $5.81 billion, according to LSEG. Box — The stock added 2.9% after matching fourth-quarter revenue expectations, according to LSEG.

Persons: Foot, CrowdStrike, Palantir, ChargePoint, FactSet, Ross, Bitcoin, Nordstrom, —, Jesse Pound, Michelle Fox Theobald Organizations: —, U.S . Army, Tactical Intelligence, Ross, OpenAI, Nordstrom

☆ Stocks making the biggest moves midday: CrowdStrike, Palantir, Super Micro Computer, Brown-Forman and more
▼ + stars: | 2024-03-06 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

JD.com — The Chinese e-commerce platform surged nearly 19% after posting a quarterly revenue increase. Thor Industries — Shares plunged 11% after the recreational vehicle maker posted quarterly revenue that disappointed expectations. In its second quarter, Thor Industries reported revenue of $2.21 billion, weaker than the FactSet consensus estimate of $2.27 billion. Box posted fourth-quarter earnings of 42 cents per share, topping the forecast 38 cents in earnings per share from analysts polled by LSEG. Wall Street firms HSBC and Deutsche Bank upgraded Target to buy after the earnings results.

Persons: CrowdStrike, JD.com, Nordstrom, Morgan Stanley, Locker, HashiCorp, LSEG, Couchbase, Bitcoin, Ether, ChargePoint, Wolfe, Brown, Forman —, Forman, Jack Daniel's, Adam Jonas, Tesla, Fitch, — CNBC's Michelle Fox, Lisa Kailai Han, Hakyung Kim, Pia Singh, Samantha Subin Organizations: Management, Nordstrom, New York Community Bancorp, Reuters, Wall, Bank, — Bank, PNC Financial Services, Northern Trust, T Bank, Thor Industries, FactSet, ChargePoint Holdings, LSEG, OpenAI, —, U.S . Army, Tactical Intelligence, Wall Street, HSBC, Deutsche Bank, Target, Argus, Abercrombie, Fitch, Tech Locations: FactSet ., LSEG .

☆ Iranian and Hezbollah commanders help direct Houthi attacks in Yemen, sources say
▼ + stars: | 2024-01-21 | by ( ) www.cnbc.com time to read: +8 min

Luke Dray | Getty ImagesCommanders from Iran's Islamic Revolutionary Guards Corps (IRGC) and Lebanon's Hezbollah group are on the ground in Yemen helping to direct and oversee Houthi attacks on Red Sea shipping, four regional and two Iranian sources told Reuters. In his weekly news conferences, Iran's Foreign Ministry spokesman Nasser Kanaani has repeatedly denied Tehran is involved in the Red Sea attacks by the Houthis. Houthi spokesperson Mohammed Abdulsalam denied any Iranian or Hezbollah involvement in helping to direct the Red Sea attacks. The person said Iranian commanders had travelled to Yemen as well and set up a command centre in the capital Sanaa for the Red Sea attacks which is being run by the senior IRGC commander responsible for Yemen. Mohammed Hamoud | Getty ImagesAccording to two former Yemeni army sources, there is a clear presence of IRGC and Hezbollah members in Yemen.

Persons: Luke Dray, Washington, Nasser Kanaani, Houthi, Mohammed Abdulsalam, Saleh al, Samad, Mohammed Hamoud, Abdulaziz al, Sager, Adrienne Watson, Abdulghani, Abdulsalam, Bashar al, Assad, Ali Khamenei Organizations: Getty, Islamic Revolutionary Guards Corps, Hezbollah, Reuters, Hamas, Foreign, Guards, Gulf Research, White House, U.S, Sana'a Center, Strategic Studies, Iranian Guards Locations: Djibouti, Yemen, Iran, Gaza, Israel, Tehran, Sana'a, Saudi, Asia, Europe, Gaza ., Lebanese, Iraq, Syria, Iranian, Bab, Sanaa, Afghanistan, Pakistan, Washington, Gulf, Islam

☆ Exclusive-Iranian and Hezbollah Commanders Help Direct Houthi Attacks in Yemen, Sources Say
▼ + stars: | 2024-01-20 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +9 min

By Samia Nakhoul and Parisa HafeziDUBAI (Reuters) - Commanders from Iran's Islamic Revolutionary Guards Corps (IRGC) and Lebanon's Hezbollah group are on the ground in Yemen helping to direct and oversee Houthi attacks on Red Sea shipping, four regional and two Iranian sources told Reuters. In his weekly news conferences, Iran's Foreign Ministry spokesman Nasser Kanaani has repeatedly denied Tehran is involved in the Red Sea attacks by the Houthis. Houthi spokesperson Mohammed Abdulsalam denied any Iranian or Hezbollah involvement in helping to direct the Red Sea attacks. The person said Iranian commanders had travelled to Yemen as well and set up a command centre in the capital Sanaa for the Red Sea attacks which is being run by the senior IRGC commander responsible for Yemen. According to two former Yemeni army sources, there is a clear presence of IRGC and Hezbollah members in Yemen.

Persons: Samia Nakhoul, Washington, Nasser Kanaani, Houthi, Mohammed Abdulsalam, Abdulaziz al, Sager, Adrienne Watson, Abdulghani, Abdulsalam, Bashar al, Assad, Ali Khamenei, Iryani, Mohammad Ghobari, Angus McDowall, David Clarke Organizations: Reuters, Islamic Revolutionary Guards Corps, Hezbollah, Hamas, Foreign, Guards, Gulf Research, White House, Sana'a Center, Strategic Studies, Iranian Guards Locations: Parisa, DUBAI, Yemen, Iran, Gaza, Israel, Tehran, Saudi, Asia, Europe, Gaza ., Lebanese, Iraq, Syria, Iranian, Bab, Sana'a, Sanaa, Afghanistan, Pakistan, Washington, Gulf, Islam, Lebanon, Aden

☆ Russian troops are being blown up by their own minefields because their leaders won't say where they are, Ukraine says
▼ + stars: | 2023-11-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Russian troops are refusing to attack Ukrainian positions near Kherson, Ukraine said. The assessment was made by the Ukrainian military in an update posted on Wednesday. Ukrainian forces have been trying to break through Russian defenses in south Ukraine since summer. AdvertisementIn recent weeks Ukrainian forces made a small but important breakthrough, establishing a foothold in the eastern, Russian-occupied bank of the Dnipro. Russian forces have largely managed to repel Ukraine's summer counteroffensive.

Persons: — Organizations: Service, Ukrainian, Staff, 810th Naval Infantry Brigade, Policy Research Institute, Dnipro . Russian, CNBC Locations: Kherson, Ukraine, Ukrainian, Dnipro, Russia, Russian

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