Thesis Summary Palantir Technologies Inc. (NYSE:PLTR) rallied over 14% on Monday after it was added to the S&P 500 Index (SP500). The stock is up over 30% in the last month, in stark contrast to many other SaaS and AI companies. Palantir has taken it upon itself to prove to…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump and JD Vance have stepped up their attacks on immigrants with baseless claims about Haitians abducting pets and Venezuelan gangs taking over apartment buildings, betting that attacking…

Republican vice presidential candidate JD Vance acknowledged Tuesday that it’s possible the “rumors” of Haitian immigrants abducting pets of Springfield, Ohio, residents might “turn out to be false,” but encouraged his followers to continue posting “cat memes.” “In the last several weeks, my office has received many inquiries from actual…

There’s been a growing interest lately in phased retirement, as indicated by the results of several surveys. For example, more than half (52%) of pre-retirees wish to continue working in some way after they retire, according to The Retirement Outlook of the American Middle Class, a survey whose results were…

Long-term mortgage rates remained unmoved this week while shorter notes fell some, but did little to spur on demand. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage held steady at 6.35%. The average rate on a 30-year loan was…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks on Monday were bouncing back from last week’s sell-off, with the S & P 500 and Nasdaq Composite both solidly in the green. Tech…

Shares of Trump Media by climbed more than 7% Monday, a respite from the stock’s two-months-long losing streak ahead of the date when its majority shareholder, former President Donald Trump, can begin selling his shares.Shortly before 1 p.m. ET, shares of Trump Media were trading at $18.39, up 7.59% from…

The U.S. government’s road safety agency wants the auto industry to design new vehicles including increasingly large SUVs and pickup trucks so they reduce pedestrian deaths and injuries. The National Highway Traffic Safety Administration said Monday that it’s proposing a new rule setting testing and performance requirements to minimize the risk…

Introduction A little more than a year ago, I published an article recommending the stock of Warrior Met Coal (HCC). The stock has done well, nearly doubling along the way to its peak, and still up about 50% after a recent pull-back. Today, I am recommending a similar company, Alpha…

Guidance allowing companies to collaborate with rivals on investment. A regime to police potentially worrying mergers after they are approved, rather than before. New principles to vet corporate tie-ups on an EU-wide basis, instead of reviewing market power at the national level. Of all the 400 pages of Mario Draghi’s…