Tesla stock downgraded again. Here is how to trade it now
Finance
Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Key Points An early test showed that Palantir’s technology, which includes elements of artificial intelligence, could identify fraud in seconds that took human investigators two months, Fannie Mae CEO Priscilla Almodovar said. Shares of Palantir have jumped more than 140% since President Donald Trump’s election win in November. The announcement comes as there is a […]
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Finance
Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show
watch now VIDEO1:4501:45 Fed: Committee well-positioned to wait for more clarity on inflation and economic outlooks Power Lunch Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with interest rate policy, minutes released Wednesday show. The summary of the May 6-7 meeting of the […]
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Finance
Stocks making the biggest moves midday: Abercrombie & Fitch, Okta, Vail Resorts, GameStop and more
Check out the companies making headlines in midday trading: Abercrombie & Fitch — Shares of the retailer climbed 19% after Abercrombie & Fitch’s first-quarter earnings and revenue topped Street estimates, led by results at Hollister. Investors looked past A & F cutting its profit guidance and operating margin forecast due to tariffs, which the company […]
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