Browsing: Markets

Investors are used to valuing companies with no earnings. They have little choice, because so many large companies today bleed red ink. SpaceX, Intel, Snowflake and Moderna all notched up a loss over the past year. But what about when revenue, not just profit, is in short supply?

Securitize Corp. (NYSE:SECZ) shares jumped as investors digested favorable regulatory developments and Cantor Fitzgerald initiated coverage of the stock on September 21, giving it an Overweight rating and setting the price target at $21.20. The firm highlighted the company’s position in the tokenization of traditional financial assets, which appears to be at an early stage […]

Palantir Technologies Inc. (NASDAQ:PLTR) is up roughly 10% year-to-date and about 1% over the past year. Wall Street expects strong commercial momentum for Palantir following its latest updates around AI sovereignty. Palantir’s AIPCon 11 focused heavily on AI sovereignty rather than new models or compute partnerships, reinforcing the idea that enterprises and governments need AI […]