Why Palantir Stock Was Pulling Back Today

After a dramatic bull run in recent weeks, Palantir Technologies (NYSE: PLTR) stock was finally giving up gains, as investors seemed to be taking profits after Friday’s pop. That jump was driven by Palantir’s announcement that it would be listing as a Nasdaq stock and that it expected to join the Nasdaq-100, which would trigger exchange-traded funds (ETFs) that track that index to buy the high-flying artificial intelligence (AI) stock.

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More Americans get news from social media influencers

About 1 in 5 Americans say they regularly get their news from “news influencers” on social media, according to a new study by the Pew Research Center. The rise of social media personalities doling out information was particularly true among the youngest users, and comes at a time of heightened polarization surrounding the U.S. presidential election. “We thought about news influencers as sources of authority to their audiences about what’s

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Druckenmiller bought regional banks but a healthcare pick is his biggest bet

Billionaire investor Stanley Druckenmiller built a sizable position in regional banks and made one healthcare name his biggest position last quarter — two bets that have been rallying since the election of President-elect Trump two weeks ago. The former lead portfolio manager for George Soros’ Quantum Fund, who now runs his own Duquesne Family Office, bought $115 million worth of shares in SPDR S & P Regional Banking ETF (KRE)

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How DeFi Is Preparing for DC’s Next Chapter

Second, build useful applications. During the hearing, representatives asked about financial and non-financial use cases. It was a privilege to answer questions and discuss The Value Prop, an open database cataloging use cases for blockchain-based applications across all crypto networks, like Ethereum, Bitcoin and more. I’ll say the quiet part out loud: For many, speculation is fun. But if the industry only chases the pump, it will never demonstrate the

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For Tax Purposes

President-elect Donald Trump made a number of tax cut promises on the campaign trail; from social security and SALT, to reducing corporate income taxes, as well as ending taxes on tipped income and overtime pay. But the road ahead is different from Trump’s first victory in 2016. We take a closer look at the most likely outcomes. Source link

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Poland stocks lower at close of trade; WIG30 down 0.07% By Investing.com

Investing.com – Poland stocks were lower after the close on Monday, as losses in the , and sectors led shares lower. At the close in Warsaw, the lost 0.07% to hit a new 6-months low. The best performers of the session on the were Benefit Systems SA (WA:), which rose 5.31% or 130.00 points to trade at 2,580.00 at the close. Meanwhile, Grupa Azoty SA (WA:) added 3.70% or 0.72

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flat around $90k as post-election rally slows By Investing.com

Investing.com — remained near the $90,000 mark on Monday, easing back from record levels reached last week. The cryptocurrency’s pullback came as enthusiasm surrounding Donald Trump’s presidency began to cool, and broader market sentiment was dampened by growing uncertainty over the US interest rate policy path. Bitcoin surged by approximately 11% last week, during which it notched an all-time high of nearly $93,500. The rally was fueled by optimism sparked

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Goldman Sachs To Create Blockchain Platform For Trading

Goldman Sachs is preparing to spin out its digital assets platform into a new company focused on leveraging blockchain technology for large financial institutions. According to Mathew McDermott, Goldman’s global head of Digital Assets, the platform leverages blockchain to enhance efficiency.  More so, the platform will streamline the creation, trading, and settlement of financial instruments. The spin-out process, still in its early stages, is expected to be executed within the

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Ripple Whales Bag $526M Coins As XRP Eyes Rally To $7.5

In the latest XRP news, Ripple Whales appears to be on a buying spree, sparking optimism in the broader crypto market. Notably, this comes amid growing interest in the cryptocurrencies issued by US firms, which include ADA, XRP, SOL, and others. Besides, the market experts also provided a bullish forecast for Ripple’s native crypto amid soaring market optimism and investors’ interest, hinting at XRP’s potential rally to $7.5 next. XRP

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