Business

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(Reuters) -Palantir Technologies (PLTR) on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology. Shares of the company rose about 8% in extended trading. The data analytics company …

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(Bloomberg) — Shares of nursing home operator PACS Group, Inc. tumbled as much as 33% on Monday after Hindenburg Research released a short report alleging that the company has been — among other things — “systematically scamming taxpayers.” Most Read from Bloomberg The drop was on track to be the …

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Affordability concerns are locking more potential first-time homebuyers out of the housing market. A new report showed that first-time homebuyers made up 24% of all buyers this year, marking the lowest share since 1981, according to data from the 2024 National Association of Realtors (NAR) profile of home buyers and …

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Trump Media & Technology Group stock (DJT) fell around 3% in early trading on Monday after initially opening the day in the green as shares brace for another volatile week on Wall Street just one day ahead of the presidential election. The stock suffered its largest percentage decline last week …

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