Michael Burry Comes for Palantir Again — This Time it's the Balance Sheet
Michael Burry: 'Palantir is losing bargaining power and channel stuffing... The former is a weak business position; the latter, a crime.'
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Accenture to acquire SAP partner McCoy to boost midmarket AI services. Explore ACN stock technicals, analyst targets, and ETF exposure.
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Michael Burry: 'Palantir is losing bargaining power and channel stuffing... The former is a weak business position; the latter, a crime.'
Steve Hilton vows to ban AI-driven firings and require human review and worker appeals for automated employment decisions in California.
C3.ai reported a quarterly loss of $0.2 per share, beating consensus estimates of $0.26 loss, with a 23.08% earnings surprise. However, revenues declined year-over-year to $52.38 million. The stock has lost 23.3% since the beginning of the year and carries a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.
The global blockchain market is expected to experience explosive growth at a 62.4% CAGR from 2026 to 2031, driven by enterprise adoption of decentralized applications, digital identity solutions, tokenization, and cloud-hosted infrastructure. Asia Pacific is identified as the fastest-growing region, while North America maintains market leadership. Key growth drivers include Layer-2 scaling advancements, supportive regulations, and integration with AI and cloud platforms across financial services, healthcare, government, retail, and supply chain sectors.
Accenture (NYSE: ACN) acquires Tokyo-based COMWARE to expand AI and cloud services for midsize firms, boosting premarket momentum. Read more.
Anil Chakravarthy to succeed Shantanu Narayen as Adobe CEO on Dec 1. Read key leadership changes, stock trends, and Q3 earnings outlook.