Latest news with #CapitolTrades
Yahoo
a day ago
- Business
- Yahoo
Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market
Public records show that U.S. Rep. Marjorie Taylor Greene (or a family member) recently bought shares in data analytics darling Palantir Technologies. Palantir stock has crushed the market this year, thanks in large part to major contract wins and its ability to outmaneuver new tariff policies. While following the momentum in Palantir stock can be tempting, the company's current valuation trends look unsustainable. 10 stocks we like better than Palantir Technologies › U.S. Rep. Marjorie Taylor Greene, a Georgia Republican, recently disclosed some buys in red-hot artificial intelligence (AI) stock Palantir Technologies (NASDAQ: PLTR), according to data compiled by Capitol Trades, which follows the trading activity of politicians. According to the disclosures, the purchases ranging from $1,000 to $5,000 occurred on April 7 and 8. Of note, this activity follows an initial purchase of Palantir stock in mid-February. As of closing bell on May 29, the stock had climbed 62% this year, completely overshadowing the S&P 500 and Nasdaq Composite, each of which is breakeven on the year. We don't know why Greene bought the stock, and following the stock moves of any person without thought makes no sense, but that doesn't mean investors should ignore Palantir. Far from it. Like many of its peers in the AI realm, Palantir stock has exhibited the characteristics of a roller coaster throughout 2025. In February, shares experienced a sharp downturn immediately following news of President Donald Trump's orders to reduce spending at the Pentagon. As the chart above shows, this panic-induced selling was fleeting. Perhaps one reason is that despite budget cuts at the Department of Defense (DOD) as well as other government agencies tied to cuts from the efficiency initiative called the Department of Government Efficiency, Palantir has managed to continue winning business in the public sector. For example, earlier this year, it won a notable contract with NATO. Although that organization is not a singular government agency, my outlook is that working more closely with the U.S. and its military partners could lead to expansion opportunities for Palantir as it relates to cross-border deals. It also recently won a $795 million expansion opportunity with the Army for its Maven Smart System (MSS). Another reason investors may be flocking to Palantir stock is because unlike many of its peers in the technology sector, the software darling is relatively immune from ongoing tariff concerns. In fact, I think the introduction of new tariffs is actually an opportunity to jump-start its business in the commercial sector. Following President Trump's "Liberation Day" tariff announcement in early April, Palantir released a new module whereby it can analyze real-time data to help retailers assess how tariffs are affecting their operations. The chart below benchmarks Palantir against a cohort of other leading AI software growth stocks as measured by the price-to-sales ratio (P/S). Palantir's P/S multiple of 102 is a clear outlier among its software peers. But even so, the disparity between Palantir and its competition doesn't tell investors a whole lot. To get a better sense of whether the stock might be overvalued, consider this: During the dot-com bubble in the late 1990s, companies such as Cisco and Amazon experienced peak P/S multiples in the range of 30 to 40. Not only is Palantir's P/S multiple considerably higher than that bubble territory, but the trends above also indicate that its valuation is continuing to expand! I'll admit that Palantir's ability to outmaneuver multiple drawdowns across the broader markets this year is impressive. But just because a stock goes up for a period of time doesn't make it a good buy. Given the context explored above, I think the stock is due for a pullback. While I remain bullish on the company's long-run prospects, I do think the valuation multiples need to normalize sooner rather than later. I see Palantir stock as overbought, but would consider buying the dip at some point down the road. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Amazon and Palantir Technologies. The Motley Fool has positions in and recommends Amazon, Cisco Systems, Datadog, MongoDB, Palantir Technologies, ServiceNow, and Snowflake. The Motley Fool has a disclosure policy. Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market
Public records show that U.S. Rep. Marjorie Taylor Greene (or a family member) recently bought shares in data analytics darling Palantir Technologies. Palantir stock has crushed the market this year, thanks in large part to major contract wins and its ability to outmaneuver new tariff policies. While following the momentum in Palantir stock can be tempting, the company's current valuation trends look unsustainable. 10 stocks we like better than Palantir Technologies › U.S. Rep. Marjorie Taylor Greene, a Georgia Republican, recently disclosed some buys in red-hot artificial intelligence (AI) stock Palantir Technologies (NASDAQ: PLTR), according to data compiled by Capitol Trades, which follows the trading activity of politicians. According to the disclosures, the purchases ranging from $1,000 to $5,000 occurred on April 7 and 8. Of note, this activity follows an initial purchase of Palantir stock in mid-February. As of closing bell on May 29, the stock had climbed 62% this year, completely overshadowing the S&P 500 and Nasdaq Composite, each of which is breakeven on the year. We don't know why Greene bought the stock, and following the stock moves of any person without thought makes no sense, but that doesn't mean investors should ignore Palantir. Far from it. Like many of its peers in the AI realm, Palantir stock has exhibited the characteristics of a roller coaster throughout 2025. In February, shares experienced a sharp downturn immediately following news of President Donald Trump's orders to reduce spending at the Pentagon. As the chart above shows, this panic-induced selling was fleeting. Perhaps one reason is that despite budget cuts at the Department of Defense (DOD) as well as other government agencies tied to cuts from the efficiency initiative called the Department of Government Efficiency, Palantir has managed to continue winning business in the public sector. For example, earlier this year, it won a notable contract with NATO. Although that organization is not a singular government agency, my outlook is that working more closely with the U.S. and its military partners could lead to expansion opportunities for Palantir as it relates to cross-border deals. It also recently won a $795 million expansion opportunity with the Army for its Maven Smart System (MSS). Another reason investors may be flocking to Palantir stock is because unlike many of its peers in the technology sector, the software darling is relatively immune from ongoing tariff concerns. In fact, I think the introduction of new tariffs is actually an opportunity to jump-start its business in the commercial sector. Following President Trump's "Liberation Day" tariff announcement in early April, Palantir released a new module whereby it can analyze real-time data to help retailers assess how tariffs are affecting their operations. The chart below benchmarks Palantir against a cohort of other leading AI software growth stocks as measured by the price-to-sales ratio (P/S). Palantir's P/S multiple of 102 is a clear outlier among its software peers. But even so, the disparity between Palantir and its competition doesn't tell investors a whole lot. To get a better sense of whether the stock might be overvalued, consider this: During the dot-com bubble in the late 1990s, companies such as Cisco and Amazon experienced peak P/S multiples in the range of 30 to 40. Not only is Palantir's P/S multiple considerably higher than that bubble territory, but the trends above also indicate that its valuation is continuing to expand! I'll admit that Palantir's ability to outmaneuver multiple drawdowns across the broader markets this year is impressive. But just because a stock goes up for a period of time doesn't make it a good buy. Given the context explored above, I think the stock is due for a pullback. While I remain bullish on the company's long-run prospects, I do think the valuation multiples need to normalize sooner rather than later. I see Palantir stock as overbought, but would consider buying the dip at some point down the road. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Amazon and Palantir Technologies. The Motley Fool has positions in and recommends Amazon, Cisco Systems, Datadog, MongoDB, Palantir Technologies, ServiceNow, and Snowflake. The Motley Fool has a disclosure policy. Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Economic Times
15-05-2025
- Business
- Economic Times
Speaker Mike Johnson says congressional members are paid peanuts, need to trade stocks to support their families
Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel House Speaker Mike Johnson says members of Congress should be allowed to trade stocks so they can support their families. He said this while talking to the press on explained that Congress salaries haven't increased since 2009. He added that, after adjusting for inflation, members make 31% less now than in warned that if this keeps going, "less qualified people" will want to run for Congress because it's a big sacrifice with not enough said, "At least let them, like, engage in some stock trading so that they can continue to take care of their family."This comes at a time when stock trading by Congress members is being closely looked at again. The reason is Donald Trump's announcement of big tariffs on global trade tariffs were later changed and the stock market reacted strongly to those changes. Some people noticed strange trading activity like big spikes in NASDAQ call volume on April 9, just minutes before Trump paused tariffs for some of this, Sen. Adam Schiff (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) is asking for an investigation into possible insider posted on social media saying, "We're about to learn a few things," as Congress members must submit financial disclosures by May 15.A website called Capitol Trades, which tracks what Congress members are trading, found some surprising example, Rep. Rob Bresnahan (R-PA), who wants to ban congressional stock trading, has already made over $5.6 million through 490 trades since he got elected in also said people need to make a "reasonable decision" with their family about whether they can afford to live in both Washington and their home state, and do everything the job needs.Q1. What did Mike Johnson say about Congress salaries?He said they haven't increased since 2009 and are worth less now.Q2. Why are people talking about insider trading in Congress now?Some stocks moved right before news about tariffs came out.
Time of India
15-05-2025
- Business
- Time of India
Speaker Mike Johnson says congressional members are paid peanuts, need to trade stocks to support their families
House Speaker Mike Johnson says members of Congress should be allowed to trade stocks so they can support their families. He said this while talking to the press on Wednesday. Johnson explained that Congress salaries haven't increased since 2009. He added that, after adjusting for inflation, members make 31% less now than in 2009. He warned that if this keeps going, "less qualified people" will want to run for Congress because it's a big sacrifice with not enough money. Continue to video 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Johnson said, "At least let them, like, engage in some stock trading so that they can continue to take care of their family." This comes at a time when stock trading by Congress members is being closely looked at again. The reason is Donald Trump's announcement of big tariffs on global trade partners. Live Events These tariffs were later changed and the stock market reacted strongly to those changes. Some people noticed strange trading activity like big spikes in NASDAQ call volume on April 9, just minutes before Trump paused tariffs for some countries. Because of this, Sen. Adam Schiff (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) is asking for an investigation into possible insider trading. Ocasio-Cortez posted on social media saying, "We're about to learn a few things," as Congress members must submit financial disclosures by May 15. A website called Capitol Trades, which tracks what Congress members are trading, found some surprising info. For example, Rep. Rob Bresnahan (R-PA), who wants to ban congressional stock trading, has already made over $5.6 million through 490 trades since he got elected in November. Johnson also said people need to make a "reasonable decision" with their family about whether they can afford to live in both Washington and their home state, and do everything the job needs. FAQs Q1. What did Mike Johnson say about Congress salaries? He said they haven't increased since 2009 and are worth less now. Q2. Why are people talking about insider trading in Congress now? Some stocks moved right before news about tariffs came out.
Int'l Business Times
15-05-2025
- Business
- Int'l Business Times
Mike Johnson Argues Congress Needs Stock Trading to 'Support Their Families' Due to 'Frozen' Salaries
House Speaker Mike Johnson defended stock trading as a necessary income boost that allows members of Congress to "take care of their family." Johnson noted that Congressional salaries have been frozen since 2009 while speaking to press on Wednesday. "When you adjust for today is making 31% less than they made in that year. It goes down every year," he said. @couriernewsroom While cutting Medicaid. ♬ original sound - COURIER "If you stay on this trajectory, you're going to have less qualified people who are willing to make the extreme sacrifice to run for Congress," Johnson warned. "At least let them, like, engage in some stock trading so that they can continue to take care of their family." The practice of Congress members engaging in stock trading has come under a renewed scrutiny following Trump's announcement of sweeping tariffs placed on trade partners around the globe. Many of the tariffs have since been renegotiated, with the market reacting to news of administrative policy changes. Democratic Sen. Adam Schiff (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) are among prominent politicians calling for an investigation into insider trading after NASDAQ call volume showed large spikes on April 9, just minutes before Trump announced a pause on tariffs for non-retaliating countries. Congress members are required to file annual financial disclosures by May 15. "We're about to learn a few things," Ocasio-Cortez wrote on social media last month. Capitol Trades, which tracks congressional trading, has already revealed some startling numbers. Freshman Rep. Rob Bresnahan (R-PA) — who introduced a bill to ban congressional stock trading — has made over $5.6 million with 490 trades since he was elected last November, according to the site. "People just make a reasonable decision as a family," Johnson said, "On whether or not they can come and move to Washington, have a residence here, residence at home, and do all the things that are required." Originally published on Latin Times
