Palantir shares are lower for a second day, but the retail favorite is rallying into the close

Palantir shares are lower for a second day, but the retail favorite is rallying into the close

Omar Marques | Lightrocket | Getty Images Investors continued to dump Palantir shares on Thursday, escalating concerns that the latest hot pick among retail traders could be fizzling out. Shares of the mysterious technology and defense stock retreated close to 5% on Thursday, regaining some ground into session close. Still, that builds on Wednesday’s slide…

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Trump inauguration: The real reason Elon Musk, Mark Zuckerberg, and Jeff Bezos support Trump

Trump inauguration: The real reason Elon Musk, Mark Zuckerberg, and Jeff Bezos support Trump

There’s a dominant narrative in the media about why tech billionaires are sucking up to Donald Trump: Elon Musk, Mark Zuckerberg, and Jeff Bezos, all of whom have descended on the nation’s capital for the presidential inauguration, either happily support or have largely acquiesced to Trump because they think he’ll offer lower taxes and friendlier…

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Peter Thiel Says, 'The Biggest Risk With AI Is That We Don't Go Big Enough' As His Founders Fund Leads $600 Million Crusoe Investment

Peter Thiel Says, ‘The Biggest Risk With AI Is That We Don’t Go Big Enough’ As His Founders Fund Leads $600 Million Crusoe Investment

Peter Thiel Says, ‘The Biggest Risk With AI Is That We Don’t Go Big Enough’ As His Founders Fund Leads $600 Million Crusoe Investment Crusoe, a vertically integrated artificial intelligence infrastructure provider, secured $600 million in Series D funding led by Peter Thiel‘s Founders Fund, valuing the company at $2.8 billion. The round included participation…

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Trump taps Elon Musk's ally David Sacks as AI and crypto czar

Trump taps Elon Musk’s ally David Sacks as AI and crypto czar

In This Story President-elect Donald Trump has named David Sacks as the White House’s artificial intelligence and cryptocurrency czar, giving the venture capitalist and vocal Republican donor influence over his administration’s policies. AI trip planners will soon be better than human travel agents, Booking Holdings CEO Glenn Fogel said “David will focus on making America…

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