This is the worst the jobs market has looked (outside of a recession) in 50 years, says Goldman Sachs, meaning bullish GDP estimates are too optimistic

This is the worst the jobs market has looked (outside of a recession) in 50 years, says Goldman Sachs, meaning bullish GDP estimates are too optimistic

Goldman Sachs’ Jan Hatzius warned that U.S. GDP estimates showing 3.8% growth in Q2 and 3.3% in Q3 may be overstated, due to missing data from the government shutdown and weakening labor trends. He pointed to falling employment indicators and survey data signaling stagnation, arguing job market weakness offers a more accurate gauge of current…

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Palantir Soars 22% Pre-Market as Q4 Earnings and 2025 Outlook Impress

Palantir Technologies (NASDAQ:PLTR) shares surged 22.86% to $102.88 in pre-market trading as of 08:58 a.m. ET Tuesday after the company reported strong Q4 earnings and an optimistic outlook that exceeded expectations. Earnings and Outlook Palantir’s Q4 revenue grew 36% year-over-year, marking its sixth consecutive quarter of accelerating growth. The increase was driven by a 64%…

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