Lucid and Palantir Showcase Earnings Amid Market Sell-Off

Reported 2 months ago

On the latest episode of Market Domination Overtime, hosts Julie Hyman and Josh Lipton discussed the recent plummet of major stock indices, with the Dow falling over 1,000 points due to widespread selling. They featured insights from iCapital's Anastasia Amoroso, who highlighted defensive trades and municipal bonds as strategic opportunities in a slowing economy. Despite market turbulence, shares of Lucid surged following a strong revenue report, supported by a significant investment from Saudi Arabia's Public Investment Fund, while Palantir's stock rose after a robust earnings increase and an optimistic revenue outlook.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis