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January 15, 2021

Palantir Technologies Inc

Roblox expects direct listing on NYSE in February

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CNBC – For more and to sign up click here Roblox CEO David Baszucki Roblox Roblox said on Friday in an updated prospectus that it plans to go public through a direct listing next month, after the online game company delayed its debut in December. Earlier this week, Roblox disclosed......

Roblox raises $520 million ahead of planned stock market direct listing

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CNBC – For more and to sign up click here A rendering of the in-game action from the hit Roblox game “Jailbreak.” Source: Roblox Roblox, the kids online gaming company, said on Wednesday that it raised $520 million in a private financing round and announced separately that it will soon......

Affirm founder Max Levchin poised to become next billionaire from ‘PayPal mafia’

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CNBC – For more and to sign up click here Drew Angerer / Getty Images  Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest member of the so-called PayPal mafia to add his name to......

Snowflake, Peloton and other IPO stocks are struggling this week. How to trade the weakness

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CNBC – For more and to sign up click here Retail trader favorites are having a rough week. Several hot IPO stocks were hit hard in the final trading week of the year despite the broader market inching toward new record highs: After a record year for the IPO market,......

Ignore the tech naysayers — San Francisco isn’t dying

CNBC Real Estate
The TransAmercia building at the end of an empty Columbus Street in San Francisco, California, U.S., on Monday, Dec. 7, 2020. David Paul Morris | Bloomberg | Getty Images If you believe what you read, San Francisco is dying. Over the last few months, there has been a steady stream......

Stocks making the biggest moves midday: Pfizer, Nikola, Carnival, FuboTV & more

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CNBC – For more and to sign up click here CEO and founder of U.S. Nikola Trevor Milton Massimo Pinca | Reuters Check out the companies making headlines in midday trading.  Carnival, Norwegian Cruise Line, Royal Caribbean — Travel stocks rebounded from steep losses earlier this week on fears about......

Op-ed: At some point, sky-high valuations will matter just like they did for the dot-com busts

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CNBC – For more and to sign up click here The Fearless Girl sculpture wearing a mask stands next to a large Christmas Tree lit up displayed in front of the New York Stock Exchange on December 06, 2020 in New York City. Alexi Rosenfeld | Getty Images It’s not......

HHS releases sweeping new report on U.S. Covid outbreak in move toward transparency

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CNBC – For more and to sign up click here The Department of Health and Human Services on Friday published a sweeping new report on the state of the U.S. Covid-19 outbreak, releasing data that was previously available only to government employees. The new “community profile report” uses data collected......

Stocks making the biggest moves midday: Tesla, FedEx, Airbnb, Winnebago & more

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CNBC – For more and to sign up click here Check out the companies making headlines in midday trading.  Tesla — Shares of the electric vehicle company jumped more than 1% to a new all-time high ahead of Tesla’s inclusion in the S&P 500. The stock will be added to......

Oracle is moving its headquarters from Silicon Valley to Austin, Texas

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CNBC – For more and to sign up click here An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Oracle is the latest tech company to move its headquarters out of California. The company said on Friday it’s......

Palantir jumps 17% on report of $44 million FDA contract

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CNBC – For more and to sign up click here A person wears a Palantir Technologies (PLTR) sweater outside the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Shares of Palantir......

Peter Thiel’s VC firm has become a strategic partner to a European tech fund

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CNBC – For more and to sign up click here Peter Thiel, co-founder of PayPal Inc. VCG | Getty Images LONDON — Founders Fund, the venture capital firm set up by U.S. tech billionaire Peter Thiel, has quietly entered into a partnership with a European tech investment firm called Elevat3.......

Tesla CEO Elon Musk has told friends and associates he plans to move to Texas

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CNBC – For more and to sign up click here Tesla CEO Elon Musk put his California houses on the market this year while he was sparring with state lawmakers over Covid-19 restrictions. He’s simultaneously been expanding operations in Texas and cozying up to Republican Gov. Greg Abbott. Now, several......

Palantir bulls should take latest sell-off ‘as a gift,’ trader says

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CNBC – For more and to sign up click here Palantir‘s stock has had a painful week. Share of the data and software company plunged more than 12% on Wednesday following a downgrade from Morgan Stanley, pushing Palantir’s week-to-date decline to nearly 19%. Morgan Stanley analysts took their rating to......

Stocks making the biggest moves midday: Salesforce, Palantir, Zoom, Tesla & more

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CNBC – For more and to sign up click here Check out the companies making headlines in midday trading.  Palantir — The tech company slid more than 10% after Morgan Stanley downgraded the stock to underweight. The firm said Palantir now trades at a “significant premium” to its peers following......

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