Palantir Rises on AI Momentum and Strong Earnings

5 articles I'm watching carefully

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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Palantir Rises on AI Momentum and Strong Earnings

Palantir shares are up 63% YTD, fueled by AI demand and record Q1 earnings. Chris Versace lifted his price target to $140 on strong U.S. commercial growth, now above $1B annual run rate. Palantir forecasts 36% full-year revenue growth.

Applied Digital Soars 103% on CoreWeave AI Deal

Applied Digital (APLD) surged 103% last week after securing a $7B, 15-year AI hosting deal with CoreWeave. Backed by Nvidia, APLD broke out of a cup and handle pattern. Key levels: resistance at $17, $28, $46.70; support near $10.50.

Markets Rally Ahead of Inflation Data and Fed Decision

Stocks rose sharply last week as solid job numbers eased recession fears. Focus now shifts to May CPI and PPI reports, with inflation expected to tick up slightly. Tesla volatility and upcoming earnings add pressure to a market nearing all-time highs.

🪙 Crypto

Trump Signals Imminent Fed Chair Pick as Bitcoin Eyes Rate Cut Boost

Trump confirmed a Fed chair decision is coming soon, with Kevin Warsh leading prediction markets. Analysts say a rate cut could send bitcoin above $120K. CPI data and Powell’s stance remain key market catalysts amid tariff-driven inflation concerns.

🌎 Global Economy

Structural Forces Redefine Global Economic Strategy

Capital restrictions, demographic divergence, and ideological fragmentation are reshaping global economics. With U.S. debt at 124% of GDP and shadow banking at $63T, decision-makers face shorter horizons and must adapt to rising complexity and geopolitical shifts.

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