Business
Palantir Stock Edges Higher to $137.21 Amid Strong Q1 Results and Raised Guidance
NEW YORK — Palantir Technologies Inc. (NASDAQ: PLTR) shares traded at $137.21, up 0.06 or 0.044%, in morning trading on Thursday, May 21, 2026, as investors continued to digest the company’s record first-quarter performance and upward revision to full-year guidance.
The stock closed at $137.15 on May 20. It has experienced significant volatility in 2026 but has remained elevated following robust earnings reported on May 4.
Palantir reported first-quarter 2026 revenue of $1.633 billion, an 85% increase from the prior year and above consensus estimates. U.S. revenue grew 104% year-over-year to $1.282 billion, while U.S. commercial revenue surged 133% to $595 million.
CEO Alex Karp stated in the earnings release: “Palantir’s Rule of 40 score has soared to 145%. We grew 85% last quarter—our highest-ever year-over-year growth rate—by more than doubling our U.S. business, and now we are raising our full-year revenue guidance to 71% growth.”
The company raised its full-year 2026 revenue guidance to $7.65 billion to $7.66 billion, representing 71% growth. It also increased its U.S. commercial revenue guidance to approximately $3.22 billion, or 120% growth.
Adjusted income from operations reached $984 million in the first quarter, representing a 60% margin. GAAP income from operations was $754 million, or a 46% margin. The company reported strong cash flow with adjusted free cash flow of $925 million.
Palantir closed 206 deals of at least $1 million, 72 deals of at least $5 million, and 47 deals of at least $10 million during the quarter. International customers accounted for a growing portion of revenue.
The company continues to expand its artificial intelligence platform, including commercial adoption of its Gotham, Foundry and AIP offerings. Government contracts remain a core part of the business, with U.S. government revenue growing 84% year-over-year to $687 million.
Market capitalization stood near $310 billion in recent sessions. The stock has traded in a 52-week range reflecting strong investor interest in AI-driven software platforms. Analyst consensus remains largely positive, with several firms maintaining buy ratings and price targets above current levels.
Rosenblatt Securities maintained a buy rating with a $225 price target as of May 21. Other analysts have highlighted Palantir’s execution on commercial growth and technical advancements.
Palantir operates as a software company focused on big data analytics and AI. Its platforms are used by government agencies, large enterprises and organizations for mission-critical decision-making. The company has emphasized responsible AI deployment and has expanded partnerships across sectors.
No new corporate announcements were released on May 21. The next earnings report for the second quarter of 2026 is expected in early August. Management has focused on scaling commercial operations while maintaining strong government relationships.
Palantir was founded in 2003 and went public through a direct listing in 2020. It has grown significantly in recent years, driven by demand for AI and data analytics solutions. The company employs thousands worldwide and maintains offices in multiple countries.
Trading volume on May 21 was in line with recent averages in morning sessions. The stock has shown resilience amid broader market fluctuations, supported by consistent execution against financial targets.
Investors continue to monitor Palantir’s progress toward larger commercial contracts and its ability to sustain high growth rates. The company’s Rule of 40 score, which combines revenue growth and profitability margins, reached 145% in the first quarter.
Palantir has not provided specific second-quarter guidance details beyond the full-year outlook. It expects continued strength in both government and commercial segments.
The stock’s performance reflects ongoing market enthusiasm for AI-related companies with proven commercial traction and strong financial metrics. Palantir remains one of the more prominent publicly traded AI software firms.
Business
Dividend rush! Buy these 5 Adani stocks, 4 Tata Group stocks today to lap up payout rewards
Only those shareholders who own the shares of the companies in their demat accounts as of Friday will be eligible to receive the bonus shares. Due to SEBI’s T+1 settlement norm, investors must buy a company’s shares at least one trading day before the record date to ensure they are credited to their demat accounts by that date and thus be eligible for the corporate action. This effectively makes today the last date for investors to buy the shares to be eligible for the dividends.
Adani Group stocks turning ex-record date for dividends tomorrow
ACC, Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Total Gas, and Ambuja Cements are the five Adani Group companies that have fixed June 12 as the record date for their respective dividends.
ACC late in April had announced a dividend of Rs 7.5 per share with a face value of Rs 10 each for the financial year 2026. APSEZ will also pay a dividend of Rs 7.5 per share. Shares of Adani Group’s flagship company, Adani Enterprises, meanwhile, are set to turn ex-record date to a dividend of Rs 1.3 per share tomorrow.
Ambuja Cements and Adani Total Gas will pay dividends of Rs 2 per share and Rs 0.25 per share, respectively.
Tata Group stocks turning ex-record date for dividends tomorrow
Tata Motors, Tata Steel, Trent, and Voltas from the Tata Group also have fixed June 12 as the record date for their respective dividends, making today effectively the last day for investors to buy the stocks to be eligible for the payment.
Tata Motors, Tata Steel, and Voltas will each pay dividends worth Rs 4 per share, while Zudio and Westside-parent Trent will pay a dividend of Rs 6 per share. This comes after Trent shares turned ex-record date last week for its first-ever 1:2 bonus issue, causing the stock price to appear nearly 34% lower due to the adjustment.
Also read: Here’s how Trent’s bonus math works
Apart from the companies part of the two conglomerates, several other firms also have fixed June 12 as the record date for their dividends. Some of the notable names among them include Canara Bank (Rs 4.2 per share), ICICI Prudential Asset Management Company (Rs 12.4 per share), JM Financial (Rs 1.75 per share), Piramal Finance (Rs 11 per share), and Punjab National Bank (Rs 3 per share).Also read: Infosys, Adani Enterprises, Trent among 44 stocks going ex-date this week. Do you own any?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Nuveen Churchill Direct Lending: Steady Outperformance Continues In Q1
Nuveen Churchill Direct Lending: Steady Outperformance Continues In Q1
Business
Warner Bros Stock Hits 3-Month Low. The Paramount Merger Spread Is Too Good to Pass Up.
Warner Bros Stock Hits 3-Month Low. The Paramount Merger Spread Is Too Good to Pass Up.
Business
Bonus bonanza! Last date to buy City Union Bank shares for 1:3 reward
Only shareholders who hold City Union Bank shares in their demat accounts as of Friday will be eligible to receive the bonus shares. Due to SEBI’s T+1 settlement norm, investors must purchase the company’s shares at least one trading day before the record date so they are credited to their demat accounts by that date and qualify for the corporate action. This effectively makes today the final day for investors to buy the shares to be eligible for the bonus issue.
All about City Union Bank’s bonus issue
City Union Bank announced a 1:3 bonus issue in April, meaning eligible shareholders will receive one equity share for every three fully paid-up equity shares held in their demat accounts as on the record date.
The bonus shares will be issued using nearly Rs 25 crore from the lender’s securities premium account, whose balance stood at more than Rs 940 crore on March 31, 2026. Later in May, City Union Bank fixed June 12 as the record date to determine the eligibility of shareholders for the bonus shares.
Notably, this marks the first bonus issue announced by the lender in eight years, since a 1:10 bonus issue in 2018. A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add shares of the company to their portfolio.
Also read: How Sensex, Nifty rallied 200% under PM Modi’s record-breaking tenure
City Union Bank share price
City Union Bank shares have gained 2% in one week, but declined 3% in one month. Shares of the company have fallen over 12% in 2026 so far. In the longer term, they’ve gained 23% in one year, 104% in three years, and 52% in five years.
The bank reported a 25% year-on-year rise in net profit to Rs 359.56 crore for the fourth quarter of FY26, up from Rs 287.96 crore reported in the corresponding quarter of the previous financial year. Its net interest income (NII), meanwhile, increased around 31% YoY to Rs 785.83 crore during the quarter under review.
Also read: Wipro’s Rs 15,000 crore buyback opens; 10 key things to know before tendering shares
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Review: McDougall has a story to tell
REVIEW: Renowned winemaker says the path forward lies in clarity and confidence, anchored in regionality and classic varieties.
Business
Ex-US Consul General Siriana Nair joins Murdoch University
A former United States envoy to Western Australia has joined Murdoch University in a senior global engagement role.
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Betterment Ramps Up Portfolio Offerings for Advisors
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NYT Connections No. 1096 Solved for June 11 2026 with Clever Category Themes
NEW YORK — The New York Times Connections puzzle for Thursday, June 11, 2026, delivered its 1,096th edition with four increasingly challenging word groups that tested players’ associative thinking and cultural knowledge. The daily game, which groups 16 words into four themed categories of four, continues to attract millions of solvers seeking a stimulating mental break.
Connections, launched alongside Wordle in the Times’ games portfolio, has become a morning staple for many. Puzzle No. 1096 featured a balanced mix of straightforward and more obscure connections, earning praise for its clever construction while remaining accessible to regular players.
Today’s Solution and Categories
The four groups in Connections No. 1096 were:
- Yellow (Easiest): Music Genres — JAZZ, POP, ROCK, RAP
- Green: Severe Weather Events — HURRICANE, TORNADO, BLIZZARD, TYPHOON
- Blue: Famous Movie Directors — SPIELBERG, SCORSESE, NOLAN, TARANTINO
- Purple (Hardest): Words That Can Precede “Apple” — BIG, CANDY, CARAMEL, PINE
Solvers who identified the music genres and weather events early gained momentum, while the purple category — requiring lateral thinking about compound phrases — proved the trickiest for many. The progression from yellow to purple followed the game’s standard difficulty curve, rewarding systematic elimination and creative associations.
How Players Approached the Puzzle
Most players began by scanning for obvious clusters. The yellow category of music genres was frequently spotted first, providing an accessible entry point. The green weather events group required noticing natural disaster terminology, which many associated through shared experiences or news exposure.
The blue category of renowned film directors tested pop culture knowledge, with players often connecting through cinematic history. The purple category demanded the biggest cognitive leap, linking words that form common phrases with “apple.”
Community forums noted the puzzle’s satisfying balance — challenging enough to feel rewarding but not frustratingly obscure. Average solve times hovered around 4-6 attempts, with many sharing colored grids on social media to compare results with friends.
Game Mechanics and Popularity
Connections presents 16 words that must be sorted into four groups of four based on shared themes. Mistakes reduce available attempts, adding gentle pressure. The color-coded difficulty system — yellow easiest, purple hardest — helps players track progress and encourages strategic thinking.
Since its debut, the game has joined Wordle as a daily habit for puzzle enthusiasts. Its social aspect, with shareable results grids, builds community and friendly competition. The New York Times regularly refreshes its games portfolio based on player feedback while preserving the core appeal of clever wordplay.
Educational and Cognitive Benefits
Educators and cognitive scientists highlight Connections’ value in enhancing pattern recognition, vocabulary, and flexible thinking. The June 11 puzzle touched on music, meteorology, cinema and idiomatic language, offering multifaceted mental stimulation suitable for various age groups.
The game’s accessibility — requiring only a web browser or app — contributes to its broad demographic reach. Many families and workplaces incorporate it into morning routines, fostering discussion and shared accomplishment.
Companion Puzzles and NYT Ecosystem
On the same day, players could tackle Wordle No. 1818 (solution: TESTY) alongside Connections, creating a complete morning puzzle suite. Other offerings like Spelling Bee, Mini Crossword and Letter Boxed provide additional challenges for enthusiasts seeking variety.
The Times continues refining its games, incorporating seasonal themes and player-suggested improvements without disrupting the fundamental experience. Companion articles offer hints, discussions and post-solve analysis, deepening engagement for dedicated solvers.
Strategies for Success
Veteran players recommend starting with categories that have clear thematic anchors, such as lists of proper nouns or obvious synonyms. Tracking used words and considering multiple possible groupings helps avoid mistakes. For puzzles like No. 1096, paying attention to contextual overlaps — for instance, words with dual meanings in entertainment versus everyday language — proves valuable.
Community forums, including Reddit’s r/NYTConnections, provide spaces for sharing experiences. Discussions around the June 11 edition highlighted appreciation for the film directors category and initial confusion between certain weather and music terms.
Looking Ahead in the Puzzle Calendar
As Connections approaches further milestones in its numbering, the Times maintains a steady release of fresh content. Future puzzles promise continued variety, drawing from pop culture, science, history and language nuances. Players can access archives to revisit past solutions or practice skills.
The enduring popularity of these games reflects a human desire for structured intellectual play in digital formats. Puzzle 1096 exemplified how seemingly disparate words reveal unexpected connections upon closer inspection, delivering the satisfying “aha” moment that defines the game.
Whether solved in one go or after several attempts, the June 11 Connections reinforced the game’s core appeal. As solvers move on to the next challenge, the daily ritual continues to unite participants in a shared linguistic adventure.
Analysts observe that such puzzles contribute to cognitive health, offering low-stakes opportunities for problem-solving that translate to real-world benefits. In an era of information overload, the focused nature of Connections provides a welcome mental reset.
For those who missed today’s solution, tomorrow brings a new grid and fresh opportunities to test wits against the New York Times’ clever constructors. The blend of accessibility and depth ensures Connections remains a highlight in daily digital routines for enthusiasts around the globe.
The June 11 puzzle served as another strong example of the game’s ability to entertain and educate simultaneously. As the Connections community grows, players can look forward to increasingly inventive themes that challenge assumptions and reward curiosity in equal measure.
Business
Want to Avoid the Whipsawing Tech Stocks? Dollar General and 7 Others to Buy.
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Business
Private Credit Beyond Headlines: Why Diversification And Liquidity Matter More Than Ever
Thai Noipho/iStock via Getty Images

By Kevin Flanagan & Chris Acito
Private credit has become one of the fastest-growing areas of income investing. As investors search for attractive yields and alternative sources of return, attention has increasingly shifted toward direct lending, private
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