Business

# TECH AND AI COMPANIES Palantir Stock Falls Despite Raised AI Outlook Palantir Technologies saw its stock drop over 8% in late trading Monday despite raising its full-year outlook on strong AI software demand, as earnings failed to meet investors' high expectations. [Read more](https://www.msn.com/en-us/money/topstocks/palantir-raises-its-outlook-on-ai-demand-but-stock-slips-as-earnings-fail-to-impress/ar-AA1Ed8mY) Palantir Stock Tumbles Despite Strong Performance Palantir's stock fell after earnings despite strong results, with trader Mark Minervini explaining that the stock market is a discounting mechanism and all the positive performance was already priced into the stock. [Read more](https://www.msn.com/en-us/money/topstocks/why-palantir-s-stock-is-falling-even-though-its-earnings-were-on-fire/ar-AA1EdAUg) Palantir Sales Forecast Disappoints Investors Palantir Technologies dropped more than 8% in late trading Monday after its results failed to meet the lofty expectations of investors, despite the company leading S&P 500 gains. [Read more](https://www.msn.com/en-us/money/technology/palantir-sales-forecast-falls-short-of-wall-street-s-hopes/ar-AA1EdgyA) # ECONOMIC INDICATORS AND MARKET TRENDS Corporate Bonds Show Economic Warning Signs Corporate bonds haven't recovered as quickly as stocks following Trump's tariff announcement, potentially signaling deeper concerns about the economic outlook. [Read more](https://www.msn.com/en-us/money/markets/corporate-bonds-have-lost-their-magic-it-speaks-volumes-about-the-economy/ar-AA1EeuWn) Euro Zone Economic Growth Slows The euro zone economy continued to expand in April but at a slower pace with weakening demand and near-stagnation in the services sector, suggesting the region's recovery remains fragile. [Read more](https://www.msn.com/en-us/money/markets/euro-zone-economic-growth-slows-in-april-services-near-stagnation-pmi-shows/ar-AA1Ef0vX) Consumer Spending By Wealthy Americans Crucial For Economy Spending by rich Americans is fueling the economy, and any pullback could potentially push the US into recession. [Read more](https://www.msn.com/en-us/money/government-support-and-welfare/worried-about-a-recession-start-rooting-for-the-rich/ar-AA1EeOuc) Buffett Offers Investment Advice After Market Volatility Warren Buffett provided timely investment guidance following a turbulent April where major indexes initially tumbled after Trump's tariff announcement before recovering. [Read more](https://www.msn.com/en-us/money/top-stocks/warren-buffett-offered-this-timely-investment-advice-after-a-tumultuous-april-for-equities/ar-AA1Eb5uF) # TARIFF IMPACTS AND CORPORATE RESPONSES Ford Suspends Guidance Due To Trump Tariffs Ford Motor Co. suspended its full-year financial outlook and projected a $1.5 billion profit hit from President Trump's auto tariffs, joining other companies affected by volatile global trade policies. [Read more](https://www.msn.com/en-us/autos/general/ford-pulls-outlook-sees-1-5-billion-hit-from-trump-tariffs/ar-AA1Eddyx) Mattel Plans Price Increases Due To Tariffs Mattel Inc., maker of Barbie and Hot Wheels, announced it will raise prices on some US products "where necessary" to offset higher costs related to tariffs. [Read more](https://www.msn.com/en-us/money/economy/mattel-plans-to-raise-prices-on-some-toys-to-offset-tariff-costs/ar-AA1Edn4G) Oil Price Drop: Mixed Impact For Texas Falling crude prices will lead to lower gas prices for consumers but could negatively impact Texas-based oil producers, as global oil prices fell on Monday. [Read more](https://www.msn.com/en-us/money/economy/opec-sends-oil-prices-reeling-but-what-s-good-for-texas-drivers-may-not-be-for-drillers/ar-AA1Edjjj) # RETAIL AND CONSUMER BUSINESS Rite Aid Files For Chapter 11 Bankruptcy Pharmacy chain Rite Aid has filed for Chapter 11 bankruptcy protection but assured customers that stores will remain open and the company will ensure a smooth transfer of prescriptions. [Read more](https://www.msn.com/en-us/money/companies/rite-aid-files-for-chapter-11-bankruptcy-promises-smooth-transfer-of-prescriptions/ar-AA1Ee4CY)