(Reuters) -Data analytics firm Palantir forecast first-quarter and annual revenue above Wall Street estimates on Monday, betting on robust demand for its software from companies adopting generative AI, sending its shares up about 12% after the bell. Businesses pushing to deploy the most sophisticated generative artificial intelligence tech have helped drive sales for Palantir’s AI…
• Fed rate cut, FOMC dot-plot, Powell comments will be in focus this week. • Micron offers significant upside potential backed by robust earnings growth and strong demand for its AI-related products. • Nike faces mounting challenges, with declining revenues, a cautious outlook, and soft consumer demand suggesting further downside for its stock price. •…
To buy or to rent – that has become a big question for locals as well as new arrivals to Hong Kong. Rents are set to shoot past the previous peak in August 2019. Robust demand comes from newly arrived residents, and potential buyers waiting for interest rates to drop are sitting on the sidelines….