“Disconcerting for investors” is how portfolio manager Samy Muaddi from T. Rowe Price described the events in Brasilia on Sunday, when Bolsonaro supporters invaded and defaced the Congress, presidential palace and Supreme Court buildings. Palantir Technologies is “open for business” when it comes to bitcoin, CFO Dave Glazer said on the company’s Tuesday earnings call.

• In a way, Tesla and Microstrategy are setting the precedent; more and more high-growth tech companies are realizing that their golden ticket to profitability may lie in cryptocurrencies.
• Co-founded by Peter Thiel, a “pro-crypto, pro-Bitcoin maximalist,” Palantir’s move to adopt cryptocurrencies comes as no surprise.
• This awards feature publication has become recognized as the leading source of information on the best companies in the software industry.
• However, the report says a recovery in prices and sales is not expected until next year.
• The company’s shares rose 7% on Tuesday following the announcement, reversing a 9% slide in premarket trading amid a wider tech rout.

CoinDesk journalists are not allowed to purchase stock outright in DCG. Palantir would hardly be the first big data company with bitcoin on the balance sheet. Analytics competitor MicroStrategy, also publicly traded, is over $2 billion deep in digital gold. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting.

BTC-CAD

The Software Report is pleased to announce its third annual list of the Top 100 Software Companies. This awards feature publication has become recognized as the leading source of information on the best companies in the software industry. Selection is based on a rigorous review of nomination feedback received, in addition to deep research into a company’s ratings on Glassdoor, G2, Capterra, and other publicly available information…

This development is likely to continue while other altcoins have more than doubled in price in the last 10 days. Other listed institutions, including Tesla, MicroStrategy and Square, have started to invest in Bitcoin. The electric car maker also began to allow customers to pay for vehicles with BTC.

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Tldr; US-based data analytics company Palantir Technologies has started accepting payment in bitcoin and is considering investing in cryptocurrencies, the company said on Tuesday. The company’s shares rose 7% on Tuesday following the announcement, reversing a 9% slide in premarket trading amid a wider tech rout. Founded in 2003 by billionaire Peter Thiel, the firm is known mainly for its work with US government defense and intelligence agencies including the Central Intelligence Agency. Shares of the company rose 7% on Tuesday following the announcement, reversing a 9% slide in premarket trading amid a wider tech rout. Palantir has started accepting payment in Bitcoin and is considering investing in cryptocurrencies, the US analytics provider disclosed, the latest firm to pivot to digital currencies that are gaining wider mainstream acceptance. Co-founded in 2003 by billionaire Peter Thiel, Palantir is known mainly for its work with U.S. government defense and intelligence agencies including the Central Intelligence Agency.

Was downgraded by analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a note issued to investors on Thursday, The Fly reports. The company’s initial offering captured investor imagination, but also likely led to expectations that have https://cryptonewshq.com/2021/06/graph-blockchain-has-purchased-duckstarter-tokens-for-beyond-the-moon-first-launchpad/ proven to be impossible to live up to. Palantir is still largely a defense contractor, getting more than half of its revenue from U.S. and foreign government customers. Defense work, by its nature, is steady and predictable but also tends not to be fast-growing.

CAIRO -Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the waterway, the Canal Authority said. The M/V Glory, which was sailing to China, suffered a technical fault when it was 38km into its passage southward through the canal, before being towed by four tugs to a repair area, the Suez Canal Authority said in a statement. The Suez Canal is one of the world’s busiest waterways and the shortest shipping route between Europe and Asia. Palantir’s CFO said “the short answer is yes” when asked if the company would hold Bitcoin.

The company provide data analytics tools for government and commercial customers, and it famously was credited with helping the U.S. government find Osama bin Laden in 2011. The stock jumped nearly 300% in its first few months on public markets, but has largely been on the way down since. Shares of the https://cryptonewshq.com/ company rose 7 percent on Tuesday following the announcement, reversing a 9 percent slide in premarket trading amid a wider tech rout. Palantir bucked the trend of pressured tech stocks at the start of Tuesday trading after its adjusted earnings per share met analyst forecasts of 4 cents per share.