Category: Market News

When Oracle Corp‘s (NYSE:ORCL) Larry Ellison declared that artificial intelligence will only reach its “peak value” once models train on privately owned data, it sounded like a warning shot to the open-internet AI crowd. But for Palantir Technologies Inc. (NYSE:PLTR), it was validation in prime time.

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“If you look at ChatGPT, Anthropic, Llama, Grok — they’re all trained on all of the data on the internet,” Ellison said during Oracle’s recent event. “But for these models to reach their peak value, you need to make privately owned data available to those models as well.”

Palantir’s entire business has been built on that premise — that data locked inside governments and corporations is more valuable than anything scraped off the public web.

Read Also: Palantir’s Monopoly Is Breaking – It’s No Longer Pentagon’s Only Favorite

Private Data Is Palantir’s Power Source

From defense agencies to Fortune 500 clients, Palantir’s Foundry and AIP platforms operate behind the firewall, structuring sensitive operational data for AI-driven decision making. That’s a crucial distinction in an era where generic language models often hallucinate without context or access to verified datasets.

While ChatGPT and its peers chase scale, Palantir is chasing specificity — running proprietary AI models directly on clients’ secure data pools. Its government roots, spanning defense, intelligence and energy sectors, have given it years of experience managing classified data — precisely the private-data moat Ellison argues the AI industry must cross to mature.

Ellison’s Thesis, Palantir’s Timing

Ellison’s call couldn’t come at a better time for Palantir, which has pivoted from pure analytics to becoming the operating system for enterprise AI. Its partnerships with major corporations and U.S. agencies position it to capitalize on the growing recognition that private data, not internet noise, will drive the next leg of AI value creation.

As investors sift through the next wave of AI winners, Ellison’s words echo a core Palantir advantage: it already sits where the most sensitive — and therefore most valuable — data lives.

For AI’s second act, Palantir isn’t rewriting the script. It’s just been waiting for the rest of Silicon Valley to catch up.

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Datavault AI Inc. (NASDAQ:DVLT) saw its shares surge in premarket trading on Monday after announcing a landmark partnership with Max International AG.

Bridging Blockchain and Institutional Finance

The collaboration will establish a Switzerland-based exchange for tokenized real-world assets, marking a major step in the company’s mission to bridge blockchain technology with institutional finance.

The deal highlights growing investor optimism around compliant, AI-driven digital asset platforms. The partnership aims to accelerate institutional adoption of real-world assets (RWAs) by resolving key barriers such as regulatory complexity, scalability, and fiduciary trust.

Also Read: Datavault AI Stock’s Face-Melting 720% Rally—What To Know

It also underpins Datavault AI’s International Elements Exchange, focused on tokenizing commodities like unmined gold and copper, and the International NIL Exchange, which monetizes name, image, and likeness rights.

Switzerland as Operational Hub

Zurich, known for its dominance in global gold refining and financial infrastructure, will serve as the operational center of the exchange.

Switzerland’s progressive digital asset regulations and Datavault AI’s international patent portfolio, spanning data tokenization, digital twins, and automated compliance, will enable transparent, scalable trading within a regulated ecosystem.

Datavault AI’s proprietary DataValue and DataScore systems are designed to enhance liquidity and improve valuation accuracy for illiquid assets.

Max International AG’s Swiss domicile provides regulated oversight and fiduciary governance, ensuring institutional-grade compliance for global participants.

CEO Highlights Growing Market Demand

Nathaniel Bradley, CEO of Datavault AI, added, “We have been approached by large corporations and governments to address growing demand for blockchain-driven solutions to RWA and NIL monetization—making the complex consumable and giving way to a simple tokenized, automated, fail-proof compliant scale.”

With tokenized assets projected to surpass $1 trillion by 2030, the Swiss partnership reinforces Datavault AI’s strategy to build compliant infrastructure for digital asset trading.

The venture follows Datavault AI’s acquisition of NYIAX, a deal that aimed to fuse AI and blockchain to strengthen asset monetization frameworks. Together, these initiatives position Datavault AI as a frontrunner in the regulated tokenization of real-world assets.

Price Action: DVLT shares were trading higher by 15.08% to $2.06 premarket at last check Monday.

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Image by Below the Sky via Shutterstock

Datavault AI Inc. (NASDAQ:DVLT) saw its shares surge in premarket trading on Monday after announcing a landmark partnership with Max International AG.

Bridging Blockchain and Institutional Finance

The collaboration will establish a Switzerland-based exchange for tokenized real-world assets, marking a major step in the company’s mission to bridge blockchain technology with institutional finance.

The deal highlights growing investor optimism around compliant, AI-driven digital asset platforms. The partnership aims to accelerate institutional adoption of real-world assets (RWAs) by resolving key barriers such as regulatory complexity, scalability, and fiduciary trust.

Also Read: Datavault AI Stock’s Face-Melting 720% Rally—What To Know

It also underpins Datavault AI’s International Elements Exchange, focused on tokenizing commodities like unmined gold and copper, and the International NIL Exchange, which monetizes name, image, and likeness rights.

Switzerland as Operational Hub

Zurich, known for its dominance in global gold refining and financial infrastructure, will serve as the operational center of the exchange.

Switzerland’s progressive digital asset regulations and Datavault AI’s international patent portfolio, spanning data tokenization, digital twins, and automated compliance, will enable transparent, scalable trading within a regulated ecosystem.

Datavault AI’s proprietary DataValue and DataScore systems are designed to enhance liquidity and improve valuation accuracy for illiquid assets.

Max International AG’s Swiss domicile provides regulated oversight and fiduciary governance, ensuring institutional-grade compliance for global participants.

CEO Highlights Growing Market Demand

Nathaniel Bradley, CEO of Datavault AI, added, “We have been approached by large corporations and governments to address growing demand for blockchain-driven solutions to RWA and NIL monetization—making the complex consumable and giving way to a simple tokenized, automated, fail-proof compliant scale.”

With tokenized assets projected to surpass $1 trillion by 2030, the Swiss partnership reinforces Datavault AI’s strategy to build compliant infrastructure for digital asset trading.

The venture follows Datavault AI’s acquisition of NYIAX, a deal that aimed to fuse AI and blockchain to strengthen asset monetization frameworks. Together, these initiatives position Datavault AI as a frontrunner in the regulated tokenization of real-world assets.

Price Action: DVLT shares were trading higher by 15.08% to $2.06 premarket at last check Monday.

Read Next:

• Nvidia And Taiwan Semiconductor Make First US-Built AI Chip In Historic Milestone

Image by Below the Sky via Shutterstock

Goldman Sachs urged investors to focus on Chinese companies expanding overseas, citing a weaker yuan, cost advantages, and China’s strength in global supply chains as growth catalysts.

In a report led by analysts Si Fu and Kinger Lau, Goldman identified 25 top picks, including Alibaba Group Holding Ltd (NYSE:BABA), Contemporary Amperex Technology Co Ltd (CATL), and BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF), as key beneficiaries of this “going global” trend.

Goldman said these companies — spanning e-commerce, capital goods, and healthcare — have already gained nearly 40% year-to-date, outperforming the Hang Seng Index’s 29% and the CSI 300 Index’s 16% rise, SCMP reported on Monday.

Also Read: Alibaba Stock Surges 95% As Company Doubles Down On AI, Cloud

Overseas Expansion to Boost Earnings Growth

The bank expects its overseas expansion to accelerate earnings growth by about 1.5% annually through 2028 as firms diversify beyond China’s saturated domestic market.

Goldman highlighted Alibaba’s overseas revenue doubling to 13% in 2023 from 7% in 2021 and CATL’s climbing to 30% from 21%, reflecting their rising global competitiveness.

While Goldman acknowledged that potential 100% U.S. tariffs under Trump’s trade agenda could trim short-term profits by around 10%, it said Chinese firms’ international diversification should offset the impact over time.

Alibaba Stock Soars on AI and Cloud Momentum

Alibaba is considered the tech barometer of China. The stock gained 97% year-to-date, topping NYSE Composite index’s over 12% returns as its cloud unit and AI model integration across its business segments and other enterprises fuel upside for the stock.

Goldman Sachs, Daiwa Securities, and China International Capital Corporation (CICC) expressed optimism over Alibaba’s cloud growth, AI breakthroughs, and early e-commerce recovery as key catalysts behind its rally.

Goldman Sachs raised its cloud revenue growth forecasts to 31–38% through fiscal 2028, citing advances in multimodal AI models and a diversified chip supply.

Daiwa Securities projected Alibaba Cloud revenue to climb 30% year-over-year in the second quarter of fiscal 2026 and expects operating losses to peak soon before narrowing on lower marketing and logistics costs.

CICC forecast 3.8% revenue growth for the same quarter and 30% cloud growth, saying new AI products and hardware unveiled at Alibaba’s Apsara Conference will support sustained profit gains.

Price Action: BABA stock was trading lower by 0.62% to $166.02 premarket at last check Monday.

Read Next:

• Wall Street Divided As Oracle’s $225 Billion Growth Vision Sparks Optimism — And Concern

Photo by Tada Images via Shutterstock

Goldman Sachs urged investors to focus on Chinese companies expanding overseas, citing a weaker yuan, cost advantages, and China’s strength in global supply chains as growth catalysts.

In a report led by analysts Si Fu and Kinger Lau, Goldman identified 25 top picks, including Alibaba Group Holding Ltd (NYSE:BABA), Contemporary Amperex Technology Co Ltd (CATL), and BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF), as key beneficiaries of this “going global” trend.

Goldman said these companies — spanning e-commerce, capital goods, and healthcare — have already gained nearly 40% year-to-date, outperforming the Hang Seng Index’s 29% and the CSI 300 Index’s 16% rise, SCMP reported on Monday.

Also Read: Alibaba Stock Surges 95% As Company Doubles Down On AI, Cloud

Overseas Expansion to Boost Earnings Growth

The bank expects its overseas expansion to accelerate earnings growth by about 1.5% annually through 2028 as firms diversify beyond China’s saturated domestic market.

Goldman highlighted Alibaba’s overseas revenue doubling to 13% in 2023 from 7% in 2021 and CATL’s climbing to 30% from 21%, reflecting their rising global competitiveness.

While Goldman acknowledged that potential 100% U.S. tariffs under Trump’s trade agenda could trim short-term profits by around 10%, it said Chinese firms’ international diversification should offset the impact over time.

Alibaba Stock Soars on AI and Cloud Momentum

Alibaba is considered the tech barometer of China. The stock gained 97% year-to-date, topping NYSE Composite index’s over 12% returns as its cloud unit and AI model integration across its business segments and other enterprises fuel upside for the stock.

Goldman Sachs, Daiwa Securities, and China International Capital Corporation (CICC) expressed optimism over Alibaba’s cloud growth, AI breakthroughs, and early e-commerce recovery as key catalysts behind its rally.

Goldman Sachs raised its cloud revenue growth forecasts to 31–38% through fiscal 2028, citing advances in multimodal AI models and a diversified chip supply.

Daiwa Securities projected Alibaba Cloud revenue to climb 30% year-over-year in the second quarter of fiscal 2026 and expects operating losses to peak soon before narrowing on lower marketing and logistics costs.

CICC forecast 3.8% revenue growth for the same quarter and 30% cloud growth, saying new AI products and hardware unveiled at Alibaba’s Apsara Conference will support sustained profit gains.

Price Action: BABA stock was trading lower by 0.62% to $166.02 premarket at last check Monday.

Read Next:

• Wall Street Divided As Oracle’s $225 Billion Growth Vision Sparks Optimism — And Concern

Photo by Tada Images via Shutterstock

IonQ, Inc. (NYSE:IONQ) stock rose on Monday after the company announced its participation as a founding member of Q-Alliance.

Q-Alliance is a new initiative aimed at developing a premier quantum computing hub in Lombardy, Italy.

As a founding member of Q-Alliance, IonQ will bring its expertise in gate-based, universal quantum computing along with its exclusive strengths in quantum networking, security, and sensing.

Also Read: From Tesla And Nvidia To Rigetti And IonQ: Single-Stock ETFs Chase The Next Big Tech Boom

The initiative will develop infrastructure to foster research, innovation, and commercialization of quantum technologies across sectors, including pharmaceuticals, materials science, logistics, and financial services.

Established in support of Italy’s National Strategy for Quantum Technologies, the Q-Alliance unites public and private organizations to advance a cutting-edge quantum innovation ecosystem.

Management Commentary

Niccolo de Masi, Chairman and CEO of IonQ, said, “Through this landmark quantum collaboration, we intend to create quantum applications that can accelerate every segment of Italy’s major industries – from defense to agriculture, automotive to healthcare.”

“All areas of the Italian economy will benefit by leveraging IonQ’s industry-leading quantum computing, quantum networking, and quantum sensing solutions.”

Recent Key Events

Last week, the company’s stock got a boost after it achieved a major step forward in quantum chemistry simulations, demonstrating accurate atomic-level force calculations using its quantum-classical auxiliary-field quantum Monte Carlo (QC-AFQMC) algorithm.

Investors can gain exposure to IONQ via WisdomTree Quantum Computing Fund (BATS:WQTM) and REX AI Equity Premium Income ETF (NASDAQ:AIPI).

Price Action: IONQ shares were trading higher by 4.17% to $65.57 premarket at last check Monday.

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Image via Shutterstock

French luxury group Kering SA (OTC:PPRUF) (OTC:PPRUY)  on Sunday disclosed a long-term partnership with L’Oréal (OTC:LRLCF) in the luxury beauty and wellness segment.

As per the agreement, the Gucci-owner will sell its Kering Beauté business to L’Oréal for 4 billion euros ($4.66 billion) in cash.

L’Oréal will acquire the iconic high-end luxury fragrance brand, House of Creed, and gain exclusive beauty and fragrance licenses for several Kering brands.

Also Read: Gen Z Is Rewriting Luxury — Can KLXY And FINE ETFs Keep Up?

Under L’Oréal Luxe, Creed will expand its global reach in both men’s and women’s luxury fragrance markets.

The transaction is expected to close in the first half of 2026, with L’Oréal paying royalties to Kering for its licensed brands.

50-Year Exclusive Brand Licenses

The partnership grants L’Oréal exclusive 50-year licenses to create, develop, and distribute fragrance and beauty products for Gucci, Bottega Veneta, and Balenciaga.

The Gucci license will begin after the current Coty agreement ends, while the Bottega Veneta and Balenciaga licenses will take effect upon the transaction’s closing.

Joint Venture in Luxury Wellness and Longevity

Beyond beauty, Kering and L’Oréal also plan to form a 50/50 joint venture to explore opportunities in luxury, wellness, and longevity.

The partnership will combine L’Oréal’s innovation expertise with Kering’s luxury market insight to create advanced experiences and services for high-end consumers.

Management Commentary

Luca de Meo, CEO of Kering, said, “Joining forces with the global leader in beauty, we will accelerate the development of fragrance and cosmetics for our major Houses, allowing them to achieve scale in this category and unlock their immense long-term potential, as did Yves Saint Laurent Beauté under L’Oréal’s stewardship.”

Read Next:

• Armani’s Fashionable Exit: Can Heirs Turn Couture Into Cash For Investors?

Photo by Below the Sky via Shutterstock

IonQ, Inc. (NYSE:IONQ) stock rose on Monday after the company announced its participation as a founding member of Q-Alliance.

Q-Alliance is a new initiative aimed at developing a premier quantum computing hub in Lombardy, Italy.

As a founding member of Q-Alliance, IonQ will bring its expertise in gate-based, universal quantum computing along with its exclusive strengths in quantum networking, security, and sensing.

Also Read: From Tesla And Nvidia To Rigetti And IonQ: Single-Stock ETFs Chase The Next Big Tech Boom

The initiative will develop infrastructure to foster research, innovation, and commercialization of quantum technologies across sectors, including pharmaceuticals, materials science, logistics, and financial services.

Established in support of Italy’s National Strategy for Quantum Technologies, the Q-Alliance unites public and private organizations to advance a cutting-edge quantum innovation ecosystem.

Management Commentary

Niccolo de Masi, Chairman and CEO of IonQ, said, “Through this landmark quantum collaboration, we intend to create quantum applications that can accelerate every segment of Italy’s major industries – from defense to agriculture, automotive to healthcare.”

“All areas of the Italian economy will benefit by leveraging IonQ’s industry-leading quantum computing, quantum networking, and quantum sensing solutions.”

Recent Key Events

Last week, the company’s stock got a boost after it achieved a major step forward in quantum chemistry simulations, demonstrating accurate atomic-level force calculations using its quantum-classical auxiliary-field quantum Monte Carlo (QC-AFQMC) algorithm.

Investors can gain exposure to IONQ via WisdomTree Quantum Computing Fund (BATS:WQTM) and REX AI Equity Premium Income ETF (NASDAQ:AIPI).

Price Action: IONQ shares were trading higher by 4.17% to $65.57 premarket at last check Monday.

Read Next:

• IonQ, Tempus AI And AeroVironment Are Among Top 10 Large Cap Losers Last Week (Oct. 13-Oct. 17): Are the Others in Your Portfolio?

Image via Shutterstock

French luxury group Kering SA (OTC:PPRUF) (OTC:PPRUY)  on Sunday disclosed a long-term partnership with L’Oréal (OTC:LRLCF) in the luxury beauty and wellness segment.

As per the agreement, the Gucci-owner will sell its Kering Beauté business to L’Oréal for 4 billion euros ($4.66 billion) in cash.

L’Oréal will acquire the iconic high-end luxury fragrance brand, House of Creed, and gain exclusive beauty and fragrance licenses for several Kering brands.

Also Read: Gen Z Is Rewriting Luxury — Can KLXY And FINE ETFs Keep Up?

Under L’Oréal Luxe, Creed will expand its global reach in both men’s and women’s luxury fragrance markets.

The transaction is expected to close in the first half of 2026, with L’Oréal paying royalties to Kering for its licensed brands.

50-Year Exclusive Brand Licenses

The partnership grants L’Oréal exclusive 50-year licenses to create, develop, and distribute fragrance and beauty products for Gucci, Bottega Veneta, and Balenciaga.

The Gucci license will begin after the current Coty agreement ends, while the Bottega Veneta and Balenciaga licenses will take effect upon the transaction’s closing.

Joint Venture in Luxury Wellness and Longevity

Beyond beauty, Kering and L’Oréal also plan to form a 50/50 joint venture to explore opportunities in luxury, wellness, and longevity.

The partnership will combine L’Oréal’s innovation expertise with Kering’s luxury market insight to create advanced experiences and services for high-end consumers.

Management Commentary

Luca de Meo, CEO of Kering, said, “Joining forces with the global leader in beauty, we will accelerate the development of fragrance and cosmetics for our major Houses, allowing them to achieve scale in this category and unlock their immense long-term potential, as did Yves Saint Laurent Beauté under L’Oréal’s stewardship.”

Read Next:

• Armani’s Fashionable Exit: Can Heirs Turn Couture Into Cash For Investors?

Photo by Below the Sky via Shutterstock

Cleveland-Cliffs Inc. (NYSE:CLF) shares are trading higher premarket on Monday after the company reported third-quarter 2025 results.

The steelmaker reported an adjusted loss of 45 cents per share, beating analysts’ expectations for a 48-cent loss.

Revenue totaled $4.73 billion, missing the consensus estimate of $4.90 billion but up from $4.57 billion in the same quarter last year.

Also Read: Cleveland-Cliffs Q3 Preview: Will Trump Get Praised By Company For Tariffs Again?

Revenue was spread across automotive (30%), infrastructure and manufacturing (29%), distributors and converters (28%), and steel producers (13%). Liquidity stood at $3.1 billion as of September 30, 2025.

Steelmaking revenue rose to $4.6 billion from $4.4 billion a year ago.

Adjusted EBITDA came in at $143 million versus $122 million in the year-ago quarter.

Key Metrics

Steel shipments stood at 4.0 million net tons, up from 3.8 million in the third quarter of 2024.

The average selling price fell slightly year-over-year to $1,032/ton from $1,045/ton in the same quarter a year ago.

Product mix was led by hot-rolled (37%), coated (29%), cold-rolled (15%), and plate (6%) products, with the remainder split between stainless/electrical and other products such as slabs and rail.

Management Commentary

Cliffs’ Chairman, President and CEO, Lourenco Goncalves, said, “Our third quarter results marked a clear sign of demand recovery for automotive-grade steel made in the USA, and that is a direct consequence of the new trade environment implemented and enforced by the Trump Administration.”

“As a result of this new trade environment, we have won new and growing supply arrangements with all major automotive OEMs, locking in multi-year agreements that reflect the reliability of our well-established supply chains anchored by our nine galvanizing plants dedicated to automotive-grade steels, with five of these plants specialized in exposed parts.”

“This past quarter, we entered into a Memorandum of Understanding with a major global steel producer, which seeks to leverage our unmatched U.S. footprint and trade-compliant operations. We expect the ultimate outcome of this MoU to be highly accretive to our shareholders.”

Outlook

Cleveland-Cliffs expects steel unit costs in 2025 to decline by about $50 per net ton compared to 2024, adjusted for higher automotive shipping volumes.

CLF updated its full-year 2025 outlook, with capital expenditures now expected to be around $525 million, down from the earlier forecast of $600 million.

Also, the company projects selling, general, and administrative expenses at around $550 million, versus the previous estimate of $575 million.

The third quarter performance was characterized by a richer sales mix and improved pricing, which contributed significantly to revenue and margin expansion. These factors were further supported by the company’s continued successful execution on cost management.

The positive trend established is anticipated to accelerate into 2026. This expected acceleration is directly tied to the forthcoming expiration of the slab supply contract to ArcelorMittal, which is scheduled to conclude in early December.

Price Action: Cleveland-Cliffs shares were up 10.81% at $14.76 during premarket trading on Monday. The stock is trading at a new 52-week high, according to Benzinga Pro data.

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