Major U.S. September proved to be a frustrating month for the equity benchmark, marking the first defeat for Wall Street since the recovery rally began in late March. However, history suggests that the terrible September, which is historically the worst month of the year for U.S. stocks historically, may then …
Read More »Palantier Trades High in NYSE Debut
Alexander Carp, CEO of Palanter, is interviewed in 2019. Photo: Andrew Herrer / Bloomberg News September 30, 2020 at 2:08 pm and ET Palantier Technologies Inc. PLTR 51.38% The stock was trading at 10 dollars at the start of its trading on the New York Stock Exchange, which valued the …
Read More »The so-called ’08 crisis strategist says ‘something is hiding’ is a sign of market swings
Is it time to “get out of the dodge”?Courtesy Everett Collection The ups and downs in the stock market over the past few weeks have not been pleasant for anyone – although they do help employ financial journalists. Here is another idea. The latest method may be more than just …
Read More »Citi’s global strategists say the decline, not in gold, but in stocks
For the stock market it has been a rough September with the S&P 500 SPX. + 0.29% Below 7% so far In its broader view of the markets, Citi’s global asset allocation team doesn’t expect to find any easy facilities on the promenade, as it will be the next U.S. …
Read More »Palantier is expected to cost around 22 22 billion in its trading debut.
In the latest sign of investors ’bad appetite for new shares, Palantier Technologies Inc. Despite an unusually aggressive governance structure, the transition to public company is expected to receive a high appraisal. The data-mining-software software expert is directing the traditional IPO route and revealing it by direct listing, in which …
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