Palantir closes at new record
Defense data and corporate AI software company notched a new closing high of $149.15 a share Monday, continuing to ride a wave of momentum that has made it the top-performing stock in the S&P 500 thi...
Palantir target raised by Wedbush’s raging tech bull
Wedbush Securities tech analyst Dan Ives, who seems to be everywhere these days , slapped a $160 price target on on Thursday, matching the highest forecast for the shares among the analysts whose num...
Backlash to Duolingo’s AI memo will hit Q2 numbers: Morgan Stanley
Live by social media buzz, die by social media backlash. In the last hour of trading, was on its way to a 3% loss for the day, after Morgan Stanley analysts trimmed Q2 estimates for the online langua...
Tech companies pledge $23 million to train teachers to use AI
Big Tech wants to get AI into every classroom, and now it’s trying to make sure that teachers do, too. , Anthropic, and OpenAI are pledging $23 million to help the American Federation of Teachers set ...
Job losses from AI are here now, and Ford’s CEO thinks “literally half” of white-collar jobs are at risk from AI
What used to be cautious optimism in tech is now turning into blunt warnings from CEOs across industries: AI is coming for white-collar jobs, and the cuts could be deep, according to a new Wall Street...
Could Cloudflare’s “pay per crawl” save news from AI?
AI is eating the news. Publishers large and small are bracing for a grim reality that is starting to reveal itself: as readers increasingly turn to AI chatbots like ChatGPT for their queries, or skim ...
Apple is up on news it’s considering using OpenAI or Anthropic to power its AI assistant
The updated AI assistant announced at its developer conference last year never came to fruition. Instead, the Apple Intelligence-powered Siri was rife with errors and was never able to pull contextua...
White House announces plans to push AI in schools
Like it or not, AI is coming to American classrooms. The White House announced a major new AI initiative focused on bringing the technology to schools, in line with its pledged goal of American AI sup...
AppLovin is surging after UBS hikes price target to $540, saying the ad tech firm uses AI for coding more than Google or Meta
, the ad tech company that makes everyone think of “Superbad,” is surging on Monday after UBS hiked its price target to $540 from $475. That’s well above the average analyst price target of $467. Anal...
Palantir up early after Friday’s late-day plunge
Retail favorite, top S&P 500 gainer, and Trump stock par excellence is up early after a partnership deal was announced with Accenture Federal Services centering on Palantir’s growing AI software busi...
Oracle rises after it announces monster $30 billion annual revenue contract starting in fiscal 2028
rose sharply in early trading after it disclosed a new $30 billion contract and backed its 2026 guidance. In a Monday morning regulatory filing, the tech giant said CEO Safra Catz is set to announce t...
UBS hikes Meta price target from $683 to $812
UBS analysts raised their price target about 19% to $812, saying the company will benefit from both consumer and advertiser demand for AI. That’s well above the analyst consensus of $708.83. The sto...
Wedbush hikes price target on Microsoft to $600, saying “AI set to change the cloud growth trajectory”
Dan Ives loves one of his favorite stocks even more than he used to. 16.5% more, to be exact. That’s how much the Wedbush Securities analyst hiked his price target on , a stock he rates as “outperform...
Microsoft is pushing Copilot, but everyone just wants ChatGPT
pitch to sell its Copilot AI chatbot to enterprise customers is facing some stubborn resistance: people have used ChatGPT and they just like it more. According to a new report from Bloomberg, Microsof...
Hertz’s AI damage scanner appears to be charging customers big bucks for minor dings
When announced back in April that it was partnering with AI startup UVeye to install more than 100 AI-powered damage scanning systems at its US airport locations this year, many customers reacted ske...
Analyst talks up Reddit’s value as a source for AI
shares continue to romp on relatively little news in early trading, with the stock up more than 20% over the last three days, as of just before 12:30 p.m. ET. As noted , Reddit has all the ingredients...
Amazon CEO: AI will cut Amazon’s workforce
CEO Andy Jassy says that AI will reduce the company’s workforce over the next few years. Currently, Amazon has 1.56 million employees, but that might soon trend downward.
Ad firms Omnicom, Interpublic, and WPP fall after reports of pharma ad crackdown and Meta’s AI-generated ads
Major ad agencies , , , and are each trading down about 2% amid news that the Trump administration plans to crack down on pharma ads , as well as news of AI ad tech updates from and other tech compa...
Reddit rips amid explosion in options activity
Stocks can move in strange ways. Look at , which is romping Tuesday despite little that would qualify as “new” news. The company unveiled some new AI advertising tools yesterday, but the stock only st...
Meta to join Amazon and TikTok with advertising tools that convert images into video
announced it’s expanding its AI-powered ad tools to include one that automatically converts images into multi-scene video advertisements with music and text. The feature, which is still being tested, ...