- Finance Megaphone
- Posts
- Palantir Hits Record
Palantir Hits Record
AI Momentum and Tariff Optimism Spark Tech Surge
Finance Megaphone
May 13, 2025
Welcome to Finance Megaphone – Your Free Source for Financial News
At Finance Megaphone, we bring you the latest and most relevant updates from the world of finance. Whether it's market trends, breaking news, or insights from industry experts, we’ve got you covered. Stay informed, stay ahead, and make smarter financial decisions with the news that matters most.
Let’s dive into what’s happening in the market today!
Stocks Bounce Back: S&P 500 Erases 2024 Losses Amid Trade Breakthrough and Cooling Inflation
Americans Slash Credit Card Debt, But Student Loans Deal a Credit Score Blow
Palantir Hits Record High as AI Momentum and Tariff Optimism Spark Tech Surge
Stocks Bounce Back: S&P 500 Erases 2024 Losses Amid Trade Breakthrough and Cooling Inflation
The S&P 500 has officially erased all its 2024 losses, fueled by easing U.S.-China trade tensions and a surprising dip in inflation. While the Dow dipped 270 points, dragged down by UnitedHealth’s sharp decline, the Nasdaq surged 1.61% and the S&P 500 rose 0.72%. Wall Street's rally accelerated after a 90-day tariff truce and softer-than-expected inflation data, which showed the slowest annual consumer price growth since early 2021. Investors are optimistic as trade progress and economic indicators suggest recession fears may be fading. Tech stocks led the way, with Nvidia jumping 5.63% on new AI partnerships.
Americans Slash Credit Card Debt, But Student Loans Deal a Credit Score Blow
In early 2025, Americans trimmed credit card and auto loan debt, but past-due student loans—appearing on credit reports for the first time in five years—dragged down credit scores nationwide. The Federal Reserve Bank of New York reported household debt rose slightly to a record $18.2 trillion, with credit card and auto loan balances falling by $29 billion and $13 billion, respectively. However, student and mortgage balances hit new highs, and overall delinquencies rose to 4.3%. The end of pandemic-era student loan relief has led to a spike in missed payments, delivering a sudden hit to borrowers’ financial health despite strong consumer spending.
some our tweets
The S&P 500 has erased all of its 2024 losses as cooling inflation and a 90-day tariff truce with China lift investor sentiment.
Nasdaq surged 1.6%, led by tech stocks like Nvidia, which jumped 5.6% after announcing an AI partnership with Saudi Arabia.
Only the Dow finished lower— Finance Megaphone (@Financemeg_news)
9:12 PM • May 13, 2025
Palantir Hits Record High as AI Momentum and Tariff Optimism Spark Tech Surge
Palantir (PLTR) stock soared 8% Tuesday to a record close above $128, fueled by optimism over a US-China tariff truce and renewed enthusiasm for artificial intelligence stocks. The rally erased last week’s dip following earnings that, despite beating expectations, fell short of investor hype. Up over 70% in 2025 and more than 500% year-over-year, Palantir is riding high on strong demand for its AI capabilities, including a key NATO deal. Analysts at Bank of America now call the company a “market definer,” with a bullish $150 price target well above current forecasts.
Finance Megaphone for Morning Brew
The gold standard of business news
Morning Brew is transforming the way working professionals consume business news.
They skip the jargon and lengthy stories, and instead serve up the news impacting your life and career with a hint of wit and humor. This way, you’ll actually enjoy reading the news—and the information sticks.
Best part? Morning Brew’s newsletter is completely free. Sign up in just 10 seconds and if you realize that you prefer long, dense, and boring business news—you can always go back to it.
That’s a wrap for this edition of Finance Megaphone.
We hope the insights and updates we’ve shared help you stay informed and ready to take on the market. Remember, knowledge is power, and we’re here to keep you in the know every step of the way. Be sure to check back next edition for more timely news, expert analysis, and the latest trends in the financial world.
Until then, keep investing smart and stay ahead of the curve!