Palantir could be a trillion-dollar firm within 3 years, Dan Ives says

Palantir could be a trillion-dollar firm within 3 years, Dan Ives says

Palantir is on its way to becoming a trillion-dollar company, according to prominent tech bull Dan Ives. The AI company’s stock has surged more than 140% since the beginning of the year. Earnings beats , lucrative military contracts and the firm’s CEO boasting about “crazy, efficient revolution” in terms of growing revenue while downsizing headcount,…

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China’s SMIC says Trump tariffs did not cause expected ‘hard landing’

China’s SMIC says Trump tariffs did not cause expected ‘hard landing’

China’s top foundry SMIC‘s co-CEO said on Friday that U.S. tariff policy had not resulted in the “hard landing” that the company was initially worried about and that strong domestic demand will keep its production capacity tight until October. Zhao Haijun, co-CEO of Semiconductor Manufacturing International Corp, told a post-earnings call that the company is not consulting…

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Of markets, tariffs and TACO

Of markets, tariffs and TACO

Stock market information at the Nasdaq MarketSite in New York, US, on Wednesday, July 9, 2025. Bloomberg | Bloomberg | Getty Images Markets have still got that loving feeling despite U.S. tariffs coming into effect. On Thursday, President Donald Trump’s “reciprocal” tariffs hit dozens of countries, with those not named in the list subject to…

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