Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Data-analytics company Palantir released its second-quarter earnings, beating Wall Street’s expectations for revenue and giving upbeat guidance for the current quarter. Shares of the company were up more than 5% premarket. Here’s how
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In this article SONO BMBL UTZ CYB-FF PLTR EBAY Check out the companies making headlines before the bell: Palantir Technologies (PLTR) – The software platform company matched Wall Street forecasts with adjusted quarterly earnings of 4 cents per share and revenue beating analyst forecasts. Sales rose 49% from a year ago, and the stock rallied
From the bath towns of Europe to a desert with the world’s oldest mummies, 34 new sites are now part of UNESCO’s World Heritage List. Only twice in the program’s 43-year history have more new sites made it to the prestigious list in a single year. While the number isn’t without precedent, the way the
milan2099 | E+ | Getty Images If you are living overseas when you reach age 65, don’t overlook Medicare. That’s the age when you should sign up unless you meet an exception. And depending on how long you plan to remain abroad or whether you are working there, it may make sense to be on
In this article MNTV The rise of the delta variant, a highly contagious strain of Covid-19, is disrupting reopening plans across the country and introducing even more uncertainty on Main Street. Nearly six in 10 small business owners in the latest CNBC | Momentive Small Business Survey say the new threat is making them shift
Inflation has been in the news more than usual, as we have seen spikes in the inflation rates during the COVID pandemic. Recent Consumer Price Index (CPI) data has led to an estimated 6.2% Social Security cost-of-living adjustment (COLA) for 2022, which could be the most significant cost-of-living adjustment to Social Security benefits in decades.
Several U.S. Democrats want to tax the country’s largest polluters over the next 10 years and collect up to $500 billion in the process. But is their proposal tough enough? That question is important because pollution taxes, which have risen in popularity over the past few years, are not always as effective as one might
The recovery in commercial real estate accelerated this spring, according to the news from second quarter REIT earnings reports. Earnings of all equity REITs, as measured by funds from operations (FFO), rose 19.8% in 2021:Q2 compared to the prior quarter. Significantly, FFO of the REIT sector as a whole rose slightly above the peak level
Dr. Peter Hotez told CNBC that he’s glad the Centers for Disease Control and Prevention updated its guidance and urged pregnant women to get vaccinated, especially in light of the widespread misinformation campaigns geared toward pregnant women. “Unfortunately, the bad guys, the anti-vaccine groups, put out a lot of fake information claiming that Covid-19 vaccines
Delivery workers wait for the light to turn green at a major intersection in Beijing on July 30, 2021. Evelyn Cheng | CNBC BEIJING — Investors in Chinese companies were caught off guard this summer by Beijing’s actions against homegrown tech giants, including comments about overseas-listed shares. One of the surprises was a mandate in
In this article VACQ Rocket Lab’s Photon satellite in orbit around the Earth. Rocket Lab Rocket Lab announced a deal with start-up Varda Space Industries on Wednesday to provide three Photon spacecraft to support Varda’s first in-space manufacturing missions beginning in 18 months. “In simple terms, we are the real estate and the utilities for
skynesher | E+ | Getty Images People with federal student loan debt have about six more months of freedom from repayment and seeing interest accrue on their outstanding balances. In the meantime, they can put the money they would be paying towards those loans to work. The U.S. Department of Education in August extended the
Vice President Kamala Harris swears in Isabel Guzman as administrator of the Small Business Administration as husband Javier Guzman stands at her side at the White House in Washington, March 22, 2021. Kevin Lemarque | Reuters Isabella Casillas Guzman, the new Administrator of the U.S. Small Business Administration, began her term under President Joe Biden
With a couple of months of inflation data yet to be seen, it looks like those collecting Social Security are in store for a significant increase in 2022. The most recent Consumer Price Index (CPI) announcement for the month of June revealed a 5.4% annual rate, and the Senior Citizens League estimates the final number
The $3.5 trillion Senate budget framework approved today calls for higher taxes for high-income folks, but it also calls for what could be a big tax break for the same group: “SALT cap relief” or relief from the current $10,000 cap on the state and local tax deduction. This has important implications for third quarter
A $30 million sale has crushed the record for the most expensive real estate deal in the San Fernando Valley and Calabasas. The title was previously held by Khloé Kardashian, who sold her Calabasas home for $15.5 million in November. The sale, which closed Tuesday, also bests the $20 million Nick Jonas paid for his
Medical workers with Delta Health Center wait to vaccinate people at a pop-up Covid-19 vaccination clinic in this rural Delta community on April 27, 2021 in Hollandale, Mississippi. Spencer Platt | Getty Images Rising Covid-19 cases and hospitalizations in Mississippi are pushing death rates higher across the state, according to the state’s health officer. “We’re
In this article EBAY A RIDE SONO eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: eBay — Shares of eBay are down 2.4% after the company reported disappointing revenue for the second quarter. EBay
Donor-advised funds have become “wealth-warehousing vehicles” that give tax benefits to the wealthy without honoring their charitable mission, according to a leading philanthropist. In an interview with CNBC Monday, billionaire philanthropist John Arnold said donor-advised funds are hoarding more than $100 billion in charitable gifts that should be going to communities in need. He said
An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus will later this week go public on the Nasdaq, a month after settling Securities and Exchange Commission charges that it misled investors. Stable Road Acquisition Corp, a special purpose acquisition company or SPAC, on Wednesday announced its