TSLA Oct 2024 110.000 call
- Yahoo Finance Video
Palantir's valuation is 'expensive,' but AI potential is strong
Palantir (PLTR) has continued to outperform, driven by the hype surrounding the AI boom. Jefferies Senior Analyst Brent Thill joins the Morning Brief to share his outlook on the stock. Thill acknowledges that Palantir's main challenge lies in its valuation, describing it as "the single most expensive name." However, he remains optimistic about the improving fundamentals at the company and believes the opportunity for investors is "enormous" in terms of AI, although he suggests that there may be "better entry points," which is why he maintains a Hold rating on the stock. Drawing a parallel to Tesla's (TSLA) early days, Thill explains, "When they launched this company, it was like when Musk launched the Tesla," noting that it was unaffordable for most of the population. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance
Trump raises a reported $12 million from Silicon Valley in one night
Donald Trump traveled to Silicon Valley Thursday night and raised a reported $12 million from tech executives, a notable foray into a long-time Democratic stronghold.
- Investor's Business Daily
Tesla Chair Signals Elon Musk Could Exit Without A 'Motivating' Pay Deal
Tesla Board Chair Robyn Denholm says it is imperative that Chief Executive Elon Musk's 2018 $56 billion compensation package is reapproved if the EV giant wants to continue "motivating him" to work for the company, according to a regulatory filing Thursday. TSLA shares angled higher early Friday. In a letter sent to Tesla shareholders Wednesday, Denholm implored investors to give Musk his 2018 pay deal.
