Palantir Rises, PepsiCo Gains, Spotify Higher as it Renews Lucrative Multiyear Joe Rogan Podcast...
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On this episode of Stock Movers: -Palantir (PLTR) shares are rallying on Thursday, after Goldman Sachs upgraded the software company to buy from neutral, noting that the stock has underperformed this year. Analyst Gabriela Borges says the total addressable market “may be setting up for another step function change in depth, because of the shift to sovereign AI, bespoke applications, and Palantir’s newer verticalization strategy” -PepsiCo (PEP) shares gain. PepsiCo Inc. shares rise the most intraday since August, after the food and beverage company posted organic revenue and core profit for the third quarter that came in ahead of expectations. Analysts also note strong growth for the firm outside the US. Still, Pepsi cut its full-year core constant currency EPS forecast, reflecting margin pressures the company expects in its North America business - Spotify (SPOT) Technology shares rise. Spotify has renewed a multiyear licensing agreement with Joe Rogan, the world’s most popular podcast
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