Palantir Surges 21% After AI Demand Powers Record Quarterly Profit
Palantir Technologies: Q3 Non-GAAP EPS of $0.07 beats by $0.01.Revenue of $558M beats by $2.08M.Cash from operations of $133 million, representing a 24% margin.Adjusted free cash flow of $141 million, representing a 25% margin.Cash, cash equivalents, and short-term US treasury securities of $3.3 billion.OutlookFor Q4 2023, we expect:Revenue of between $599 - $603 million vs. the consensus of $599.26M.Adjusted income from operations of $184 - $188 million.For full year 2023:We are raising our re
Morgan Stanley Upgrades Tesla Stock Rating, Raises Price Target to $400
Major investment bank Morgan Stanley boosted its Tesla stock outlook based on the company’s Dojo supercomputer project. Analyst Adam Jonas raised his TSLA price target 60% to $400 per share and upgrad