Latest news with #Kudla
CNBC
3 days ago
- Business
- CNBC
Palantir is a buy that has further to run, and other takes on AI plays
Palantir and Constellation Energy are buys that will benefit from the rise in artificial intelligence, while Salesforce faces rising competition in workflow software, according to David Kudla, founder and CEO at Mainstay Capital Management. Kudla joined CNBC's "Power Lunch" to discuss his views on the three stocks. Palantir Palantir , which has outperformed its peers after surging 64% in 2025, is still a buying opportunity for investors looking to tap into government demand for the company's AI-enabled tools. "We still think Palantir is a buy. Probably a buy on the dips," said Kudla, who added that he bought the stock in June 2023 when it was trading at around $15 a share. It was last selling for about $124 per share. PLTR 1D mountain Palantir "They are leveraging AI very well, they're winning the space with AI on counterterrorism and what they're doing for governments and they're increasing their commercial contracts in the private sector," Kudla said. "So, we think this stock has a lot further to run, even though it's richly valued." Constellation Energy Constellation Energy , the largest nuclear operator in the U.S. , is a clear beneficiary of the government's support of nuclear power after President Donald Trump last week signed executive orders to overhaul the Nuclear Regulatory Commission, Kudla said. "Clearly, they are a winner going forward," Kudla said. "Those executive orders are to help with deregulation, and the nuclear industry, where it's redundant, where it can be streamlined. It takes almost 10 years to build a nuclear plant right now, and the idea here with the energy demands for AI data centers is to let nuclear grow and provide the energy that America needs." The investor added that he bought the stock at the end of March. It's surged 38% just in May. Salesforce Salesforce is a hold, according to Kudla, who said the enterprise software company faces stiff competition from Microsoft . "We're not as excited about Salesforce at this point," Kudla said. "About 7% year over year growth, still a leader, still a leader in its space. But, you know, as AI is disrupting every industry, it's doing that in CRM and workflow software as well." "We have the wars between Microsoft Copilot and Salesforce Agentforce, who's going to win the battle, with back and forth," Kudla added. "But it's really about integrating AI into what they do, and who's going to do that the best." The stock is down more than 17% year to date through the Wednesday close, and trading about 1.6% postmarket following better-than-expected fiscal first-quarter results and improved forward guidance.
ABC News
6 days ago
- ABC News
Ex-partner of SA murder victim Steven Murphy labels killer a 'heartless pig'
The ex-partner of Steven Murphy, who was shot dead in a shed at the back of a property north of Adelaide, has referred to his killer as "a heartless pig of a man". Keith Yandle, 48, of Kudla, was previously found guilty by a Supreme Court jury of the murder of the 38-year-old, who was found buried at the Kudla property in April 2023. He previously pleaded guilty to firearms offences and destroying human remains. He also pleaded guilty to the manslaughter or Mr Murphy, but that plea was not accepted by the prosecution. Mr Murphy's ex-partner, and mother of his two sons, Danielle Rogers delivered a victim impact statement to the court on Monday. "You destroyed his family and I want you to suffer and feel guilt and regret for what you have done to a family who did nothing to you." Ms Rogers said the most "painful" part was having to see her "boys in pain". "All they want is their dad back," she said. "I can't fix the missing piece, it shatters my heart to know that I can't fix their broken heart." Mr Murphy's mother Deb Murphy also delivered a victim impact statement to the court saying she feels "hopeless and despair" since her son's murder. "It is hard to put my feelings and expression into words," she said. "It's like I'm on a roller coaster and I can't get off." Prosecutor Melissa Wilkinson told the court that on February 19, 2023, Yandle entered the shed at the back of his property "intending to kill" Mr Murphy. "In my submission, the defendant wanted to catch Mr Murphy, he did not seek the police's assistance to deal with a trespasser, he took the law into his own hands. "He left his house with a loaded semi-automatic rifle and he had his son attend the shed with a baseball bat. "The defendant was ready for a confrontation in the shed and he was ready to attack in the shed. "In my submission, it is likely that he had seen from the CCTV feed in the house that Mr Murphy had returned to his shed that night." During Ms Wilkinson's submissions, Mr Yandle became agitated and had an outburst, before quickly being told to remain quiet by Justice Anne Bampton. "Can you prove that? That's a lie, that's a lie," he screamed out. Ms Wilkinson continued to tell the court that, after shooting Mr Murphy four times, Yandle watched over him as he died. "His lack of conduct and lack of assistance supports the conclusion that the defendant was intending to kill Mr Murphy," she said. "In my submission, the nature of his conduct was callous and showed complete disregard for Mr Murphy and his family. "The conduct in murdering Mr Murphy, and its aftermath, was calculated, ruthless and inhumane." She also said that if it had not been for Yandle's brother alerting police to the events of that night, it is likely Mr Murphy's body would have never been found. Defence barrister James Marcus, for Yandle, told the court his client's lack of assistance to Mr Murphy can be "accurately captured by the words disgraceful and reprehensible", but that he hadn't entered the shed with the intent to kill. "Ultimately this was, in terms of the actual commission of the offence of murder, a spur of the moment decision to shoot," he said. "To suggest an overarching plan to kill him, is not the correct characterisation of what happened." Mr Marcus said Yandle has good prospects of rehabilitation because of his lack of prior offending and the support he still has from his family. Outside court on Monday, Mr Murphy's uncle Sean Murphy, who used to work as a corrections officer in Victoria, said he had met "some pretty vile characters" but that "up until today I didn't think anyone could disgust me much more". "I didn't take my eyes off him (in court) because I couldn't believe that such a disgusting organism exists on the face of the earth," he said. "He should go away for the rest of his life and die… hopefully he's an old man in jail so that he can suffer for all those years… death would be too good for him. "He has no remorse and still no accountability for his own actions." Yandle faces a mandatory term of life imprisonment, and will be handed a non-parole period at a sentencing hearing in July.
