Wedbush Raises Palantir’s Price Target to $30, Citing Remarkable Commercial Success and Potential for S&P 500 Inclusion
Wedbush raises Palantir’s price target to $30, citing remarkable commercial success with AIP and potential for $1B free cash flow in 2024. The surge in commercial business indicates a promising trajectory toward profitability and inclusion in the S&P 500, positioning Palantir as a compelling investment opportunity in the data analytics and software market.
ABB and MAN Energy Solutions Collaborate on Energy-Efficient Propulsion Concept for LNG Carriers
ABB and MAN Energy Solutions have developed the innovative Dual Fuel, Electric+ (DFE+) concept for LNG carriers, achieving a 7.5% increase in energy efficiency and emissions reduction. This collaboration addresses the challenges of stricter emissions regulations and fuel costs, offering a competitive and energy-efficient alternative for LNG carrier propulsion designs.
WeWork’s founder Adam Neumann seeks to buy now-bankrupt business
Adam Neumann, the co-working company’s onetime chief, has been trying to buy the now-bankrupt WeWork business with the help of hedge fund mogul Dan Loeb. His new real estate company, Flow Global, has accused WeWork’s current leaders of stonewalling their takeover approach, despite seeking to provide bankruptcy financing to keep the company afloat.
Bangor Area Homeless Shelter’s Intake and Diversion Program Making Significant Impact
The Bangor Area Homeless Shelter’s Intake and Diversion program is making a significant impact in preventing homelessness by offering various housing options to individuals in need. Maria Horodeski, the program’s coordinator and a former homeless individual herself, provides positive reinforcement and empowerment to those going through difficult times, offering hope and support to make positive changes in their lives.
Genetically Modified Purple Tomato Now Available to Home Gardeners in the U.S.
The Purple Tomato, a genetically modified fruit with high levels of anthocyanin, is now available to home gardeners in the U.S. Developed by Norfolk Plant Sciences, this unique tomato is the result of 20 years of research to incorporate color genes from a snapdragon flower. By directly marketing to home gardeners, the company aims to change perceptions of GMO foods, emphasizing the health benefits of biotechnology. The tomato, developed by biochemist Cathie Martin, offers potential health advantages to consumers.
Stocks Show Significant Movement in Midday Session
Stocks in the midday session showed significant movement today, with Palantir, Spotify, UPS, and DocuSign making headlines. Palantir’s stock surged after a new partnership announcement, while Spotify faced increased volatility. UPS and DocuSign also experienced fluctuations, reflecting the dynamic movements in the stock market.
American Honda Motor Co. Recalling 750,000 Vehicles Due to Airbag Issue
American Honda Motor Co. is recalling 750,000 vehicles in the U.S. due to an airbag issue that may cause unintentional deployment during a crash. The recall reflects Honda’s commitment to safety and raises awareness about proactive safety measures in the automotive industry.
Eleventh Circuit Panel Revives Lawsuit Against Monsanto Over Roundup Cancer Risks
Eleventh Circuit panel revives lawsuit against Monsanto, alleging failure to warn consumers about cancer risks associated with Roundup. Ruling has implications for regulatory standards and consumer safety. Plaintiff sees case reinstated after initial dismissal. Bayer faces setback in efforts to fend off similar lawsuits. Outcome could impact regulation of chemical products and consumer safety information.
New Airline Set to Arrive at Knoxville’s McGhee Tyson Airport
The Metropolitan Knoxville Airport Authority (MKAA) has announced the arrival of a new airline at McGhee Tyson Airport (TYS), with the identity of the airline remaining a mystery. The public unveiling is scheduled for Tuesday, Feb. 6, at 10:30 a.m. Stay tuned for real-time updates on this exciting development from WVLT News, as the Knoxville community eagerly awaits the introduction of this new airline, expected to bring further convenience and travel options to the region.
Listeria Outbreak Linked to Dairy Products from Rizo-López Foods
Two people have died and 23 have been hospitalized in a years-long outbreak of listeria illness linked to dairy products from Rizo-López Foods. The CDC’s alert emphasizes the heightened vulnerability of pregnant women, the elderly, and individuals with weakened immune systems, urging caution with contaminated food products.