Why Palantir’s stock is down despite a stellar first quarter

Why Palantir’s stock is down despite a stellar first quarter

Palantir’s stock is down after a gangbusters first quarter , and while the earnings report showed one or two tiny blemishes, signs of any real weakness for the company were basically nonexistent, even by the hyperbolic standards of tech-sector performance. The lukewarm investor response more likely signals wariness of soaring valuations and fatigue with idiosyncratic…

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AMD Q1 2026 earnings report

AMD Q1 2026 earnings report

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecast also exceeded estimates as demand…

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Micron zooms past 0 billion market cap rally in memory stocks

Micron zooms past $700 billion market cap rally in memory stocks

Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during a groundbreaking ceremony for the new Micron Technology Inc. semiconductor manufacturing facility in Clay, New York, US, on Friday, Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron’s historic rally continued on Tuesday, with shares of the memory maker surging 11%,…

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Frontier Airlines forecasts revenue boost from Spirit collapse

Frontier Airlines forecasts revenue boost from Spirit collapse

Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport. Leslie Josephs/CNBC Frontier Airlines expects a revenue boost from Spirit Airlines’ collapse over the weekend, a shuttering that removed Spirit’s capacity from the market overnight. “Drawing on the benefits realized from prior Spirit capacity adjustments, we believe their exit supports a [revenue per…

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Pirates Reliever Chris Devenski Suspended 3 Games for Intentionally Hitting Batter

Pirates Reliever Chris Devenski Suspended 3 Games for Intentionally Hitting Batter

Pittsburgh Pirates reliever Chris Devenski has been suspended for three games and fined for intentionally throwing at Cincinnati Reds rookie Sal Stewart, Major League Baseball announced Tuesday. Devenski intentionally threw at Stewart in the top of the seventh inning of Pittsburgh’s 17-7 win at PNC Park on Saturday. He was ejected following the incident. Pirates…

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