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- JPMorgan starts Palantir at Overweight, calls it a disruptive AI leader
JPMorgan initiated coverage of Palantir Technologies with an Overweight rating and a December 2027 price target of $262 per share, adding the stock to its Analyst Focus List. Analyst Brian Essex wrote that enterprises are moving from deploying AI to seeking returns on it, and that Palantir is already delivering ROI, with revenue growth accelerating for the 12th straight quarter to 93% year over year. Non-GAAP operating margin reached 62% and free cash flow grew 126% last quarter. JPMorgan said the $262 target equals 55 times its 2028 EV/free cash flow estimate on $11.7 billion of free cash flow, and forecasts three-year free cash flow growth of 77% through 2028. The bank also placed Palantir on Positive Catalyst Watch ahead of its Nov. 2 earnings report.
- Palantir Technologies vs. Figma: Comparing Revenue Growth Trends
This comparison looks at revenue over the last eight quarters for Figma (FIG) and Palantir Technologies (PLTR), using data as of Oct. 22, 2026. Figma, a browser-based design platform, recently launched several AI design features and disclosed that its CEO voluntarily forfeited $46 million in stock awards. Its second-quarter sales of $370.1 million rose 48% year over year, partly due to AI credit monetization, with Q2 being the first full quarter of that revenue stream. Palantir's revenue is considerably larger and has increased every quarter, with the company forecasting third-quarter revenue of around $2.2 billion; it has also secured a U.S. Army ground station production contract and a collaboration with NVIDIA. Figma is scheduled to report third-quarter earnings on Nov. 4.
- Palantir's AI pitch gets a 30,000-hour proof point
- Palantir Guided for $2.16 Billion in Revenue for Q3. Its Last 2 Quarters Suggest We Should Expect More.
Palantir (PLTR) guided for third-quarter revenue of $2.160 billion to $2.164 billion, but the author considers that forecast conservative given its first-half results. In the first and second quarters, revenue beat the midpoint of guidance by about 6.4% and 7.5%, with second-quarter revenue reaching $1.935 billion, up 93% year over year. U.S. commercial revenue rose 149% to $764 million in the second quarter, and total contract value reached $3.37 billion. If sequential growth matches the 19% of the second quarter, third-quarter revenue would be about $2.3 billion, and the author will be watching whether it exceeds that level.
- Palantir Rises 4% as Software Stocks Rally; ServiceNow Gains 3%, Salesforce Holds Flat
Palantir shares rose 4% to $199.41 in afternoon trading, leading a broad software rally as buyers favored AI platform names. The iShares Expanded Tech-Software ETF gained 2% to $108.98 and the Invesco QQQ Trust rose 1.3% to $726.83, while ServiceNow climbed 3% to $153.33 and Salesforce slipped 0.2% to $242.07. On October 19, Knox Systems announced a partnership with Palantir to bring commercial software into the federal government's most tightly secured cloud environments, but neither company disclosed financial terms, and the article says it is unclear whether this news is behind the stock's gain. The article also points to Palantir's steep valuation as a source of doubt about the rally's staying power, and says the third-quarter 2026 report will test whether its government growth holds up.
- What Could Surprise Palantir Stock Investors On The Upside?
Palantir trades at 153.2 times trailing earnings versus 23.0 for the S&P 500, and the article says buyers appear to be betting on sustained expansion. In the second quarter of fiscal 2026, U.S. commercial revenue was $764 million, up 149% year over year, faster than the 90% growth in U.S. government sales. U.S. commercial bookings rose 153% to a record $2.132 billion, though the article notes bookings count full contract values, some spanning three years. Management expects U.S. commercial revenue above $3.424 billion in 2026, growth of at least 134% and about 42% of its $8.15 billion to $8.158 billion revenue forecast, and aims for the whole company to grow at least as fast as that segment over 18 months. Shares rose 54.6% from July 22 to October 20, 2026, versus 3.1% for the index.
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- Amazon, Alphabet, SpaceX and Meta are all to blame for the new tech stock rout
The article argues the tech stock selloff stems less from Intel's weak guidance than from hyperscalers such as Amazon, Alphabet and Meta failing to clearly guide investors on AI infrastructure spending, which is coming in far above expectations. Amazon's trailing twelve-month free cash flow fell to an outflow of $42.4 billion, driven by a $94.8 billion year-over-year increase in purchases of property and equipment, and CEO Andy Jassy expects 2026 cash capex of about $220 billion. Google posted negative free cash flow of $9.1 billion in the quarter versus an estimate of negative $3.5 billion, and more than $500 billion in market value was wiped off the company on Thursday. Meta posted negative free cash flow for the first time since 2012, while SpaceX burned about $9.9 billion in free cash flow in the quarter. Citing EvercoreISI, the article says the hyperscaler group of Meta, Amazon, Google, Microsoft, Oracle and SpaceX is expected to have negative free cash flow near $200 billion over the next year.
- Vietnam moves beyond assembly-only manufacturing and into mastering core technologies in a highly important field
On 5 December 2025, Kim Long Motor Huế inaugurated its Yuchai engine manufacturing plant on a 6.5-hectare site, with initial investment of USD 260 million and automation of up to 90%, which the article presents as a move from assembly toward mastering core technologies. The first phase, covering 2.5 hectares, can produce over 40,000 diesel engines a year, taking about 3 minutes per engine, and is aimed at domestic demand and exports to ASEAN, South Korea and the Middle East. A second phase will automate production of core components and add a forging plant, raising engine localisation to 80%. By comparison, localisation for passenger cars under nine seats averages only about 7-10%, well below the 40-45% target set for 2025, and Vietnam has 377 automotive enterprises, 169 of which have foreign investment (46.43%).
- Results of the ECB Survey of Professional Forecasters for the fourth quarter of 2026
The ECB's Survey of Professional Forecasters for Q4 2026, conducted 2–7 October with 52 responses, puts headline inflation expectations at 3.0% for 2026, 2.6% for 2027 and 2.0% for 2028, revised up by 0.3 and 0.4 percentage points for 2026 and 2027. Longer-term inflation expectations for 2031 remain at 2.0%, and the upward revisions are attributed mainly to higher energy prices and their indirect effects, with second-round effects expected to remain limited. Real GDP growth expectations are 1.0% for 2026 and 1.3% for both 2027 and 2028, with the 2026 forecast revised up 0.4 percentage points, while unemployment is expected at 6.4% in 2026, easing to 6.1% over the longer term. Respondents see the additional effects of the Middle East war's energy price shock mainly arriving in 2027, with inflation risks tilted to the upside for 2026–28 and GDP risks tilted somewhat to the downside. The survey does not represent the views of ECB decision-makers or staff, and the next Eurosystem staff macroeconomic projections will be published on 18 December 2026.
- Intel shares plunge 22% after PC slowdown
Intel shares plunged 22% in after-hours trading in New York after the chipmaker forecast fourth-quarter revenue and profit below expectations, blaming a memory chip squeeze that has hurt PC sales. CFO David Zinsner warned the PC slowdown would extend into the first half of next year, and current-quarter sales could come in $1bn to $2bn short of Wall Street's estimate of $17bn. Gross margins are projected to fall to 37%, while CEO Lip-Bu Tan said memory prices had risen sharply. The company had recently raised $20bn through a share sale after its stock gained more than 140% this year, and it is also dealing with an explosion at an Israeli facility that killed two workers. Demand for AI computing remained strong despite headwinds in consumer hardware.
- MSB's pre-tax profit up more than 27% in Q3
MSB's pre-tax profit reached VND 2,017 billion in Q3 2026, up 27.1% year on year, and nearly VND 5,440 billion for the first nine months, driven mainly by net interest income growth of more than 21% and credit growth of 13.5%. Total operating income for nine months rose nearly 8.2% to nearly VND 11,030 billion, while operating expenses grew nearly 6.7%, keeping the consolidated CIR at about 37.3%. As of 30 September 2026, consolidated total assets were nearly VND 440,000 billion, up 7.9% from end-2025, and customer deposits were nearly VND 217,400 billion, up about 10.5%. The bank is carrying out a plan to raise charter capital from VND 37,440 billion to up to VND 46,800 billion, and its shares closed at VND 16,050 on 29 October 2026, a new all-time high since listing, with market capitalisation above VND 60,000 billion, up 56% since the start of 2026.
- Verizon's 6% Yield Is Worth Holding for Years
Verizon shares (VZ) fell nearly 9% on October 9, their worst day since 2002, after SpaceX acquired nationwide spectrum, raising the prospect of a Starlink mobile service. However, the latest quarterly report showed a healthy business: free cash flow rose 12% to $7.8 billion in the third quarter, and management raised its full-year growth forecast to nearly 12%. Verizon pays $0.7075 per share quarterly, about $2.83 per year, yielding roughly 6.5% at about $43.50 per share on October 26; it has raised its payout for 20 consecutive years, and dividends accounted for about 58% of free cash flow over the past year. Verizon also added a net 406,000 monthly phone plan customers, up 820% from a year earlier, and fewer customers are leaving each month. The article argues that SpaceX may win a share of the business but cannot control the whole market, which is already highly competitive given the large retail presence of AT&T and Verizon, and concludes Verizon still looks like a solid long-term income investment.
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