Hints and tips:
Related Special Reports
...Meta, Palantir and Snowflake did not respond to requests for comment....
...Palantir said: “Our software has been proven to help the NHS deliver better care.”Additional reporting by Madhumita Murgia...
...Palantir declined to comment further....
...The company reported $93.4mn in net income in its fourth quarter, far above expectations for $65.6mn. It posted $608.4mn in revenue, also above consensus estimates....
...Palantir is best known for its ties to the security, defence and intelligence sectors....
...Palantir is led by chief executive Alex Karp and co-founded by Peter Thiel, the tech investor and prominent backer of former US president Donald Trump....
...Palantir’s share price has more than doubled in the space of five months. This week, Palantir made its new AI platform widely available....
...Creditors include dozens of cities across the US, as well as tech providers such as Amazon Web Services, fleet management software maker Zoba, data analytics company Palantir and Chinese scooter manufacturer...
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...At an investor event in June 2022, Scherr told the audience that corporate customers would rent EVs to achieve their “net zero” emissions-cutting objectives and ride share drivers would prefer EVs to avoid...
...“All of that then leads you to a view of net zero happening later,” Grant Dougans, a partner at Bain, told Energy Source....
...Bloomberg in 2021 estimated his net worth at more than $1bn. Handler started his career at Jefferies 34 years ago as a trader and became chief executive in 2001....
...Those figures, as well as adjusted net income of $1.47bn, all beat the expectations of analysts polled by Bloomberg....
...Citi reported net income of $3.4bn in the quarter, down 25 per cent from a year ago but better than the $2.3bn that analysts had forecast....
...The latter, whose core customers are lower income Americans living in rural areas, eked out a 0.7 per cent rise in same-store sales but suffered a 39 per cent drop in net income during the fourth quarter...
...But even without their net inflows of $11bn in the three months to the end of March, active ETFs as a whole still attracted record amounts of investor money....
...And net-net the winners are not the gamblers but the casino....
...Having Blizzard game licences in its portfolio is not just about the boost to its net income. Crucially it gives NetEase an edge over Tencent, its biggest local rival....
...“No matter the company’s attempt to switch focus from subscribers to financials, net [subscriber] adds is the key metric everyone wants to see,” he said....
...In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
...His quant trading firm Susquehanna International Group owns roughly 15 per cent of the company, and the stake represents a significant chunk of his net worth....
Cryptocurrency down 16% from its peak as net fund flows turn negative
...SAP’s announcement “does go to show this is not a net job loss; it’s more of a reskilling”, said TD Cowen analyst Derrick Wood....
...Both of these fields are likely to be test cases for the ease of developing new oil and gas assets in the UK despite pressure to reduce carbon emissions in line with the country’s net zero commitment....
International Edition