Bloomberg Daybreak: Europe 06/11/2025
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guests: Sree Kochugovindan, senior research economist at aberdeen. Liquidity co-founder and CEO, Ron Daniel & Proxima Fusion's CEO Francesco Sciortino. (Source: Bloomberg)
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Circle stock price today: CRCL shares rise again after Senate passes stablecoin bill. Here's the latest
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Prediction: Soaring Palantir Stock Will Continue to Defy Analysts' Expectations Through 2026
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While Palantir is best known for its military and intelligence use cases (the company first rose to public prominence in its role helping the government find and kill Osama bin Laden), it's got its fingers in plenty of other pies, including healthcare, factory modernization, and helping financial institutions make real-time, AI-powered decisions. Palantir recently announced partnerships with Italian paper manufacturer Fedrigoni, healthcare organization The Joint Commission, Elon Musk's xAI, and investment firm TWG Global, as well as six industrial firms. All of this shows Palantir's commercial business is just getting started. Any conversation about Palantir's valuation has to start with those gaudy price-to-earnings numbers. The forward P/E based on estimated earnings is 256, and the trailing P/E is an outrageous 600. Wall Street's consensus price target for PLTR is $101, with a high of $155. One analyst has a price target of $40. 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