Latest news with #dataanalytics
Yahoo
a day ago
- Business
- Yahoo
Veteran trader surprises with Palantir price target and comments
Veteran trader surprises with Palantir price target and comments originally appeared on TheStreet. It's not every day that a company gets compared with a soccer phenom and a legacy tech outfit, but then Palantir () isn't your everyday company. The Denver data-analytics-software company's stock price touched a record $149.57 on July 14, sparked by growing demand for its artificial intelligence tools. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰 Government contracts accounted for roughly 55% of Palantir's total revenue in 2024, and its software is used across several federal agencies, including the Department of Defense, the CIA, and the Department of Homeland Security. On July 10, Wedbush analyst Dan Ives raised the investment firm's price target on Palantir to $160 from $140 while affirming an outperform rating on the shares. Ives said recent checks and growing confidence in the company's AI strategy are key to the bull thesis on Palantir playing out for the next 12 to 18 months. Analyst: Palantir is core winner in AI outlays Wedbush says Palantir has a "golden path to become the next Oracle" over the coming years, referring to the legacy tech company. While PLTR's valuation is expensive today, Ives said, he sees "the Messi of AI" as a core winner in the trillions of AI spending over the next few years, a nod to Argentine soccer sensation Lionel Messi. More Palantir Veteran fund manager reboots Palantir stock price target As Palantir stock soars, veteran trader makes surprising call Palantir reacts to controversial New York Times allegations Palantir remains one of its top names to own in the "Ives AI 30," the analyst said. Its game-changing AIP strategy is quickly becoming a key foundational platform for enterprises developing uses for artificial intelligence in their operations and offerings. The company's government work has also made Palantir a source of controversy. Palantir is building a new tool to provide Immigration and Customs Enforcement with enhanced capabilities to support deportation efforts, Axios reported in May Protesters across the U.S. have targeted Palantir due to its work with ICE, and demonstrators protested outside the company's offices in several locations. In the past Alex Karp, Palantir's co-founder and chief executive, has said that Palantir is "proud to be working with the U.S. government" and that American companies have a "moral obligation" to support the country. TheStreet Pro's Stephen Guilfoyle has strong feelings about Palantir as well. While he's fond of his holdings in Rocket Lab () and SoFi Technologies () — "those two are almost like children to me" — the veteran trader said "they pale in comparison to the greatest trade I have made in my now almost 40-year career as a professional trader and almost 50 years since I started trading." TheStreet Pro's Guilfoyle: Palantir indispensable to key sectors "Probably one of the real winners when it comes to monetizing their AI services platform," he said. "The firm has made itself indispensable as a U.S. and allied defense contractor, and to nondefense government agencies and the corporate world as well." Guilfoyle, whose career dates back to the floor of the New York Stock Exchange in the 1980s, said he'd been waiting for someone else to compete effectively in this space."I once thought perhaps Snowflake () would be the one, but still, as far as I can tell, nobody is even close," he said, Palantir is the only stock that Guilfoyle has named as his stock of the year two years in a row. "From the time I initiated PLTR for Real Money Pro (now TheStreet Pro), PLTR is up a mere 2,192%," Guilfoyle said. "Rock and roll, kids. Just for the record, I still get fired up about 10% and 20% gains in the stocks I trade." Guilfoyle cited the recent NATO 2025 Summit at the Hague that wrapped up in June, where the group approved an increase in defense spending for member nations to 5% of GDP, as demanded by President Donald Trump, "Tanks, artillery, aircraft, naval craft, missiles and missile defense technology will all be in demand, though some of those technologies might have something in common with yesterday's roast beef," he said. Guilfoyle said that intelligence produced through data-based and AI-assisted analysis will only grow in significance. And not just for strategic purposes, "but because it is cost-effective relative to purchasing submarines and fighter aircraft." "This plays straight into the hands of a firm like Palantir," he said. These nations have pledged to upspend on defense, yet most of them are also fiscally strapped. They, in my opinion, are going to spend where they get the most bang for their expense." Guilfoyle reiterated his price target for Palantir at $181, noting that "our current target is the high target on Wall Street and as usual most of Wall Street is still playing catchup."Veteran trader surprises with Palantir price target and comments first appeared on TheStreet on Jul 15, 2025 This story was originally reported by TheStreet on Jul 15, 2025, where it first appeared.
Yahoo
a day ago
- Business
- Yahoo
Here Is What You Need To Know Before Investing In Palantir Technologies Inc. (PLTR)
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 13 Best Booming Stocks to Buy Now. The company specializes in software platforms for data analytics, which are used by government agencies, financial institutions, and several large corporations. A software engineer manipulating a vast network of code on virtual monitors. According to reports this week, the Czech National Bank has significantly increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by purchasing an additional 49,135 shares. Analysts believe the increased investment underscores the bank's commitment to align itself with innovative companies and is a recognition of the importance of making data-driven decisions. Earlier this month, Palantir Technologies Inc. (NASDAQ:PLTR), together with BlueForge Alliance (BFA), announced the launch of Warp Speed for Warships, a program aimed at accelerating warship production, digital transformation, and speed readiness. The initiative is backed by the U.S. Navy's Maritime Industrial Base (MIB) Program and builds on the collaboration between PLTR and BFA on powering high-velocity shipbuilding, maintaining a strong fleet, and rebuilding American maritime superiority. The stock has had impressive returns in 2025, increasing 90.36% year-to-date, as of July 9. However, Wall Street analysts have a consensus Hold rating for Palantir Technologies Inc. (NASDAQ:PLTR) and anticipate a 28% downside in its share price ahead, suggesting that the rally may have stretched too far. While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best German Stocks to Invest in Now and Goldman Sachs Stock Portfolio: 10 Large-Cap Stocks To Buy. Disclosure: None.
National Post
2 days ago
- Business
- National Post
Adastra Announces Availability of Three Agentic AI Offers in the New AWS Marketplace AI Agents and Tools Category
Article content TORONTO — Adastra Corporation, a leading provider of artificial intelligence and data analytics services, today announced the availability of three new offers – Agentic AI on AWS, ERP Order Tracking & Supplier Automation and Sales Data Navigator for CRM & Marketing Insights – in the new AI Agents and Tools category of AWS Marketplace. Customers can now use AWS Marketplace to easily discover, buy, and deploy Adastra's offers using their AWS accounts, accelerating AI agent and agentic workflow development. Article content Adastra's Agentic AI offers accelerate business performance with AI, helping automate tasks, provide instant access to critical ERP and CRM data, and support secure, scalable AI agent deployment. 'Agents are taking over what AI previously couldn't do – the ability to act,' says Ondřej Vaněk , Chief AI Officer, Adastra AI. Article content Adastra's Agentic AI offers deliver essential capabilities—including rapid AI adoption through reusable, low-code agents; instant access to ERP, CRM, and marketing data via natural language; and enterprise-grade governance to ensure secure, compliant, and scalable AI use across business functions. Article content 'We're excited to offer our Agentic AI offers in the new AWS Marketplace AI Agents and Tools category,' said Katya Dunets, Head of North American Presales, AWS at Adastra. 'AWS Marketplace allows us to provide customers with a streamlined way to access our offers, helping them boost productivity, gain instant access to information, and free up employee time for business-generating activities.' Article content With the availability of AI Agents and Tools in AWS Marketplace, customers can significantly accelerate their procurement process to drive AI innovation, reducing the time needed for vendor evaluations and complex negotiations. With centralized purchasing using AWS accounts, customers maintain visibility and control over licensing, payments, and access through AWS. Article content To learn more about Agentic AI in AWS Marketplace, visit Article content To learn more about ERP Order Tracking & Supplier Automation in AWS Marketplace, visit To learn more about Sales Data Navigator for CRM & Marketing Insights in AWS Marketplace, visit About Adastra Adastra is a global leader in AI and data-driven transformation, helping organizations lead with artificial intelligence—responsibly, strategically, and at scale. With over 25 years of experience, Adastra empowers enterprise clients to unlock business value through data innovation, operational excellence, and smart customer engagement. Article content Trusted by some of the world's most prominent brands, Adastra delivers end-to-end solutions grounded in thoughtful strategy, robust governance, and deep technical expertise. From defining vision to ensuring execution, Adastra guides organizations through every stage of their AI, data and cloud journey—building future-ready capabilities and delivering measurable, lasting impact. Article content Adastra serves clients across key industries including financial services, automotive, manufacturing, technology, media and telecom (TMT), healthcare, retail, and professional services. The company employs more than 2,000 professionals across North America, Europe, and Asia. Article content Article content Article content
Zawya
3 days ago
- Business
- Zawya
Dun & Bradstreet named 2025 databricks growth data partner of the year
Riyadh, Saudi Arabia – Dun & Bradstreet, a global leader in commercial data and analytics, has been awarded the title of 2025 Databricks Growth Data Partner of the Year at this year's Data + AI Summit, a recognition of the company's pivotal role in enabling organizations to operationalize trusted data and accelerate their AI transformation journeys. This award spotlights Dun & Bradstreet's strong alignment with Databricks' Data Intelligence Platform, where their integration of global B2B data has helped enterprises solve complex use cases, ranging from credit decisioning and compliance to supply chain modeling and ESG reporting. The recognition stems from the companies' shared commitment to unlocking powerful insights through AI-ready data at scale. By delivering near real-time commercial data through Delta Sharing, Databricks' open and secure data sharing protocol, Dun & Bradstreet empowers clients to break down silos, streamline operations, and make faster, data-driven decisions across regions and platforms. "This recognition as Databricks' Growth Data Partner of the Year truly underscores our unwavering commitment to spearheading data-driven transformation across the Middle East, Africa, and South Asia. At Dun & Bradstreet, we are immensely proud to empower organizations with trusted, AI-ready data that fuels smarter decision-making and sustainable growth. Our strengthened collaboration with Databricks is enabling businesses across diverse sectors to unlock powerful insights and drive scalable innovation for a data-first future." Nauman Lakhani, Group Director, Enterprise Solutions Dun & Bradstreet South Asia Middle East Africa With this milestone, Dun & Bradstreet reinforces its position as a trusted enabler of enterprise data transformation, offering clients the foundational data they need to confidently scale AI-powered solutions. About Dun & Bradstreet Dun & Bradstreet data and insights help improve business performance. Over 600 Million companies worldwide rely on Dun & Bradstreet to help grow and protect their businesses. The market-leading solutions for data and insights are a critical factor to drive revenue acceleration, manage risk, lower cost and business transformation. Global businesses of all sizes rely on D&B's data, insights & analytics. Dun & Bradstreet South Asia Middle East Ltd. is responsible for the Dun & Bradstreet business in countries across the Middle East, South Asia, and Africa. Dun & Bradstreet South Asia Middle East Ltd. offers a suite of information solutions across these regions. Our services are utilized extensively by banks, financial institutions, government departments, multinationals, corporate entities, small and medium sized enterprises for seamless operations. We have offices in UAE, Bahrain, Qatar, Saudi Arabia, Bangladesh, Nigeria, Ghana, Tanzania and Pakistan.
Globe and Mail
4 days ago
- Business
- Globe and Mail
FastMoss Achieved #1 on Product Hunt, Reinforcing Its Leadership in TikTok Shop Data Analytics
Milestone Underscores FastMoss's Position as the Leading TikTok Shop Data Analytics Platform for Global Brands and Creators FastMoss, the world's leading TikTok Shop data analytics platform, proudly announced that it has been named #1 Product of the Day on Product Hunt on July 5, 2025, earning 430 upvotes from the global tech and entrepreneurial community. With a rapidly growing user base of over 2 million brands, creators, and agencies across 14+ countries, FastMoss is redefining the future of TikTok commerce through cutting-edge, data-driven insights that help businesses stay ahead of market trends, outperform competitors, and achieve sustainable sales growth. Product Hunt Milestone: A Validation of Market Demand and Innovation Securing the #1 position on Product Hunt is more than just a symbolic victory—it represents a powerful market validation of FastMoss's unique value proposition and technological innovation. The recognition underscores the growing demand for intelligent AI solutions that translate data into actionable results—helping brands capitalize on emerging trends, refine influencer strategies, and boost product sales on one of the fastest-growing e-commerce ecosystems in the world. 'Our mission is to build a powerful tool that enables every brand on TikTok Shop to seize the new wave of e-commerce opportunities,' said Eric, CEO of FastMoss. 'We are thrilled by the response from the Product Hunt community and energized by the opportunity to help more businesses thrive in this new digital economy.' About FastMoss FastMoss is designed to empower users at every stage of their TikTok Shop journey. Key features include: Real-Time TikTok Shop Trend Monitoring: Instantly identify product trends and viral content patterns. Competitor Benchmarking and Analysis: Track and analyze competitor performance for strategic decision-making. Top Creator Rankings and Influencer Insights: Discover top-performing creators and optimize influencer collaborations. Sales Acceleration for TikTok Shop: Deliver actionable recommendations to drive product sales and build best-sellers. FastMoss combines powerful data processing with intuitive design, making it the go-to platform for brands seeking an edge in the rapidly evolving TikTok commerce landscape. The momentum from Product Hunt reflects FastMoss's accelerating global adoption and the increasing relevance of TikTok Shop as a frontier for online retail. As social commerce continues to reshape consumer behavior, FastMoss is committed to continuous innovation, expanding its feature set, and supporting the success of brands and creators worldwide. Media Contact Company Name: FastMoss Inc. Contact Person: Jody Email: Send Email City: Los Angeles State: California Country: United States Website:
