To The Moon

Incident comes as US bank seeks to assuage regulatory concerns over its risk management processesCitigroup credited a client’s account with $81tn when it meant to send only $280, an error that could h

WASHINGTON, Feb 26 - U.S. President Donald Trump on Wednesday said Apple Inc AAPL.O should get rid of any diversity, equity and inclusion rules, one day after company shareholders voted to keep the tech giant's DEI policies. "APPLE SHOULD GET RID OF DEI RULES, NOT JUST MAKE ADJUSTMENTS TO THEM. DEI WAS A HOAX THAT HAS BEEN VERY BAD FOR OUR COUNTRY. DEI IS GONE!!!" Trump wrote in a post on his private social media platform.

'The day is coming where you're going to get a proper selloff, and it's going to take a lot of people with it. Momentum stocks popular with the retail crowd continued to slide on Tuesday, adding to their woes from the past week.In that time, the iShares MSCI USA Momentum Factor ETF MTUM has wiped out roughly half of its advance from earlier this year, according to FactSet data. The ETF, the largest product that tracks the momentum factor, was up by less than 5% this year to date as of Tuesday's close.The pain might be nearing its end, for now. But investors shouldn't expect companies like Palantir Technologies Inc. , AppLovin Corp. or Hims & Hers Health Inc. to immediately bounce back to their record highs from earlier this month, said Farzin Azarm, a managing director with Mizuho Securities USA. All three stocks have been hit hard over the past few trading sessions.Other popular momentum stocks have tumbled, too. MicroStrategy Inc. slipped more than 11% on Tuesday, according to Fac

Market OverviewU.S. stocks ended modestly higher on Wednesday and the S&P 500 notched its second straight all-time closing high as investors scrutinized the minutes from the Federal Reserve's January

Palantir shares fell 10% on Wednesday, and continued to slide 5% in premarket trading on Thursday, following the news that CEO Alex Karp planned to sell more than $1 billion worth of his shares and that the Pentagon was considering budget cuts over the next five years.Palantir disclosed that Karp's new trading plan provides for a sale of up to 48.9 million shares, which could be worth up to $1.23 billion, according to Barron's. Palantir reported the change in a Tuesday filing with the Securities

Key PointsPalantir absolutely blew away the numbers at its latest quarter, causing shares to spike double-digits.Despite the hefty valuation, shares still look tempting from a long-term perspective. T

Palantir Technologies is set to report fourth-quarter results after the market closes Monday, with analysts expecting revenue and adjusted earnings growth.However, analysts are largely skeptical on whether the analytics software provider's stock can sustain its recent momentum.Shares of Palantir have nearly quintupled in value over the past 12 months.Palantir Technologies is set to report fourth-quarter results after the market closes Monday, with analysts largely skeptical on whether the analytics software provider's stock can sustain its recent momentum.None of the 13 analysts covering the stock tracked by Visible Alpha expect the stock has further to rise, with their consensus price target of $50 almost 40% below the stock's record-high close at $82.49 Friday amid some concerns it could be overvalued.Wedbush analysts, who are more bullish on the stock than those polled by Visible Alpha, recently raised their price target to $90 from $75, and said they believe Palantir “has a path t