#Realty_Income (NYSE:#O) topped #Wall_Street expectations for quarterly revenue on Monday, as the company benefited from higher occupancy and increased rental revenue from its properties. The real estate investment trust, which has more than 15,450 properties across the #United_States and #Europe, leases its locations to clients in a variety of industries including retail, restaurants, industrial

  After-Hours #Stock_Movers: #Palantir (NYSE:#PLTR) declined 7% despite beating estimates for second quarter results and raising guidance, Shares climbed heading into the print. #Microchip_Technology (NASDAQ:#MCHP) declined 4.5% despite reporting in-line EPS and revenue for its fourth #quarter, after its first quarter forecast missed estimates. #IFF (#IFF) gained 5.9% after the cosmetic #ingredients company easily beating

  #Palantir_Technologies lifted its forecast on annual guidance Monday after reporting quarterly revenue that topped #Wall_Street estimates as the big data analytics company’s new contract wins bossted performance amid the ongoing artificial intelligence boom.  Palantir Technologies Inc (NYSE:#PLTR) fell more than 7% in afterhours trading following the report. In Q1, #Palantir reported adjusted earnings of

  #Federal_Reserve Bank of #New_York President #John_Williams said Monday that at some undefined point the #USA #central #bank will lower its interest rate t#arget. “Eventually we’ll have rate cuts” but for now monetary policy is in a “very good place,” Williams said in comments made before the #Milken Institute 2024 #Global Conference in #Beverly_Hills, #California.

  The S&P 500 started the week on the front foot Monday as revived hopes for a September #Federa_ Reserve interest rate cut triggered a sea of green across #Wall_Street.  At 16:00 ET (20:00 GMT), the benchmark S&P 500 was up 1%, the tech-heavy #Nasdaq Composite rose 1.2%, and the 30-#stock #Dow_Jones Industrial Average was up 176

  #Synopsys said on Monday it would sell its software integrity (SIG) unit to a private-equity #group led by Clearlake #Capital and Francisco Partners in a $2.1 billion deal, as it shifts its focus towards the AI chips #market. #Reuters reported last week that the group had outbid competitors and was in advanced discussions to

  #Steward_Health, which operates 30 hospitals in nine U.S. states, filed for Chapter 11 #bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties (NYSE:#MPW) Trust. The privately-owned hospital chain said it would continue serving patients as normal during its #bankruptcy. #Steward has sought short-term financing and to sell

  As anticipation mounts ahead of Palantir #Technologies (NYSE:#PLTR)’ earnings report scheduled for today after the close, #investors and analysts alike are eagerly awaiting insights into the company’s performance and future trajectory.  #Palantir, a leading data analytics firm, has garnered significant attention in recent years, both for its technologies and its fluctuating stock #performance. The