Palantir Technologies delivered record-breaking quarterly results that sent shares surging over 12% on Tuesday, marking a dramatic reversal for the AI software company after months of declining stock prices. The company reported its best quarter ever with revenue reaching $1.4 billion, representing a 70% increase from the prior year, while…

Wall Street analyst firms issued significant stock rating changes today, with Five Below receiving a double upgrade from BofA and PayPal facing mixed reviews following its latest earnings report. The daily research calls compiled by The Fly highlight major shifts in analyst sentiment across multiple sectors including retail, payments, travel,…

Legal software stocks experienced a sharp sell-off this week after Anthropic unveiled new AI capabilities for its Claude chatbot that can handle compliance tracking and legal document review. The announcement of the legal AI plugin last Friday triggered investor concerns about artificial intelligence disruption in the legal technology sector, sending…

Darden Restaurants has announced plans to close 14 of its 28 Bahama Breeze locations across the United States following a strategic review of the Caribbean-themed casual dining brand. The closures represent half of all Bahama Breeze restaurants, with the remaining locations set for conversion to other brands within the Darden…