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Protecting Yourself in Exuberant Markets -- WSJ
Weekend Reading | From the pursuit of Bin Laden to AI warfare, what business logic and technological secrets lie behind the enigmatic Silicon Valley company Palantir?
Source: Lishi Business Review Beneath the mysterious veil of Palantir, what kind of business logic and technological secrets lie hidden? On May 1, 2011, the U.S. Navy SEALs successfully killed Osama bin Laden in Pakistan. While public attention focused on the bravery of the U.S. special forces, few were aware that behind this precise raid lay the technological footprint of a Silicon Valley company — Palantir (PLTR.US). Its data integration capabilities had long been a crucial tool in the U.S. military’s counter-terrorism efforts. Today, this secretive startup, once serving the CIA, has seen its market value soar from an initial $17 billion at the time of its IPO.
Benzinga Bulls And Bears: CrowdStrike, MongoDB, SoFi — And Wall Street Surges On Rate Cut Hopes
Top 20 Transactions | A $720 billion deal to acquire a century-old Hollywood studio sends WBD up over 6%, while Netflix falls nearly 3% against the trend; storage concept rebounds with Micron Technology rising nearly 5%; strategic realignment gains market
NVIDIA, the top stock by trading volume on the US market on Friday, closed down 0.53% with a turnover of $26.069 billion. Earlier this week, NVIDIA's CFO Colette Kress emphasized that the majority of large model vendors are still indirect customers of NVIDIA, accessing NVIDIA’s products through CSPs (large cloud service providers). For quite some time, over 50% of NVIDIA's quarterly revenue has come from large CSPs. Hyperscale cloud service providers purchase computing resources for internal use or to transition towards accelerated computing.
Palantir Options Spot-On: On December 5th, 609.48K Contracts Were Traded, With 3.76 Million Open Interest
On December 5th ET, $Palantir(PLTR.US)$ had active options trading, with a total trading volume of 609.48K options for the day, of which put options accounted for 37.42% of the total transactions,
Sector Update: Tech