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• Palantir builds software platforms that help large organizations integrate, analyze and act on complex data.
• A securities research firm upgraded the stock from Neutral to Buy.
• Anthropic's foreign access restrictions on Fable 5 and Mythos 5 have been lifted after an 18-day suspension tied to cybersecurity safeguard concerns.
• RAEK has announced a strategic partnership with Termly, a data privacy compliance platform serving businesses across global privacy regimes.
• Anthropic has reportedly begun early-stage development of a custom AI chip and held preliminary talks with Samsung Electronics on manufacturing.
• SoftBank is establishing SB Neo, a new US company offering AI compute services, with SoftBank Corp. holding 51 percent and SoftBank Group holding 49 percent.
• Three Firms Raise Price Targets: Cantor Fitzgerald, Bank of America, and Wells Fargo have all raised price targets on Lam Research to $500, $480, and $450 respectively.
• 14% Surge on Morgan Stanley Upgrade: ACM Research surged approximately 14% on June 29 after Morgan Stanley raised its price target to $130 with an Overweight rating.
• $125 Million ATM Offering Disclosed: SEC filings revealed a $125 million at-the-market stock offering program, giving Navitas flexibility to issue new shares directly into the market.
• Bitcoin Weakness Pressures Shares: Cipher Mining shares have been pressured by recent Bitcoin price weakness, a key driver given the company's crypto mining operations.
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