Palantir Technologies’ stock price may decline significantly in the near future due to valuation risks. The company’s valuation is currently at a high level, with earnings multiples ranging from 300 to 220 times projected sales. However, this growth may slow down, and investors are optimistic about Palantir’s expansion into the commercial market. Several factors have … Read more
China’s space agency has confirmed that the country’s second interplanetary expedition, Tianwen 2, is scheduled to be launched in the coming months from Xichang Satellite Launch Center. The mission aims to return an asteroid sample for scientific research. According to China National Space Administration, the robotic probe will target 2016 HO3, the smallest and closest … Read more
Researchers at Peking University and Microsoft have made significant breakthroughs in quantum computing, declaring two separate studies that could potentially pave the way for a stable and secure quantum internet. The Chinese team employed light to generate and control interconnected quantum states, setting the stage for building a quantum network on a tiny chip. This … Read more
Microsoft CEO Satya Nadella has predicted that AI-generated games will have a significant impact on the industry, likening it to the CGI moment of 1990s film. The company’s new AI-powered game generation platform, Muse, is seen as a key player in this revolution. However, some experts argue that the technology is still in its early … Read more
Palantir Technologies Inc. shares plummeted sharply in Wednesday’s session, with the stock poised to extend its decline on Thursday. The sell-off is largely attributed to concerns over potential major cuts to defense spending under a new Trump administration directive. However, Wedbush analyst Dan Ives disagrees, arguing that budget cuts in the Defense Department could actually … Read more
Astronomers have created a groundbreaking map of an exoplanet’s atmosphere in 3D, revealing powerful winds carrying chemical elements and intricate weather patterns. The study provides new insights into the planet’s behavior and challenges our understanding of how weather works. WASP-121b, located 900 lightyears away from Earth, is an ultra-hot Jupiter, meaning it’s a gas giant … Read more
Elon Musk has found himself in a heated dispute with a Danish astronaut over claims about two American astronauts being left stranded on the International Space Station by President Joe Biden. Andreas “Andy” Mogensen, a European Space Agency astronaut who has flown to the ISS twice, accused Musk of lying when he claimed that NASA’s … Read more
Tesla is on track to enter the Indian market with its electric vehicles (EVs), as the first shipment of cars is expected to arrive soon. The US-based EV giant plans to ship thousands of cars to a port near Mumbai and establish its manufacturing unit in the country. After meeting with Indian Prime Minister Narendra … Read more
Canadian Prime Minister Justin Trudeau has delivered a pointed response to President Donald Trump’s taunts and economic threats, saying “you can’t take our country — and you can’t take our game” in the wake of Canada’s win over the US in an international hockey championship final. The message tapped into simmering anger across Canada since … Read more
Florida Attorney General James Uthmeier has filed a class-action lawsuit against Target Corp., alleging the company misled investors about the risks of its 2023 LGBTQ Pride campaign, which sparked consumer backlash and caused a stock drop. Target disputes these allegations, stating that it warned investors of potential boycotts related to its initiatives. The lawsuit claims … Read more