Which phones are Indians buying the most?

PS: Did you know that for every iPhone sold, Indians buy two Vivo smartphones? Let’s see who’s topping the leaderboard! 👇

Did you know you can have an income of ₹14,65,000 and pay ZERO income tax? 😱

The secret is NPS! 🤑

Check out the detailed breakdown above👆

🚨 This AI company is the best-performing stock in the S&P 500 over the last year.

Its market cap has soared nearly 600%. And it is now among the TOP 10 most valuable software companies in the world.

Let’s break down its meteoric rise 🧵👇

The company is Palantir.

👉 It was founded in 2003 by Peter Thiel - PayPal co-founder and early Facebook investor.

Other founders include Alex Karp, Joe Lonsdale, Stephen Cohen, and Nathan Gettings.

Palantir was built to help governments fight terrorism & financial fraud using big data & AI.

👉 The name Palantir comes from The Lord of the Rings

In Tolkien’s world, a Palantír is a “seeing stone” that allows people to see across vast distances and uncover hidden truths — just like Palantir’s AI does with data.

👉 The idea came from PayPal’s fraud detection system.

If AI could spot suspicious transactions, why not use the same tech for national security?

That’s when Palantir caught the attention of In-Q-Tel which is the CIA’s venture capital arm.

👉 Initially, Palantir struggled because government agencies weren’t used to working with Silicon Valley startups.

But by the 2010s, it became a key player in defense, law enforcement & finance, working with the US Department of Defense, FBI, NSA & Wall Street banks.

For years, Palantir operated behind the scenes—secretive, mysterious.

But in 2020, it went public and is now a major force in AI-driven data analytics, serving both governments & corporations.

👉 Fast forward to January 2025—Palantir’s stock soared 24% after crushing Q4 2024 earnings & giving a bullish outlook for Q1 2025.

This rally has made it the best-performing stock in the S&P 500 over the last year.

👉 Palantir has now entered the $200 billion market cap club, joining the likes of Google, Apple, and Microsoft.

Its market cap jumped from $34.7B to $236.5B in just a year—a staggering 594% rise!

Palantir’s business growth is backed by strong Q4 2024 results:

1. Big Deals: Closed 129 deals worth at least $1M each. 1 in 4 deals are exceeding $10M
2. Strong Cash Position: Palantir ended Q4 with $5.2B in cash & U.S. Treasury securities
3. Zero Debt: Palantir’s zero debt status is a stark indicator of its financial health
   Palantir is at the center of the AI revolution.

With its unique position in government & enterprise AI, it might just be one of the most influential AI companies of the decade.
Are you betting on Palantir? 🤔****

Global Market Buzz | June 25, 2024

?? US Market News:

▪️ Airbus shares fell 11% after it cut delivery targets and delayed jet production goals.

▪️ Microsoft hit with EU antitrust charge for linking Teams app with MS Office

? What to Watch Today:

▪️ Nasdaq aims to rebound from its worst day in two months, fueled by solid early gains from Nvidia.

? Fun Fact:

▪️ Since 1903, the New York Stock Exchange has marked the start of each trading day by ringing a bell, though a Chinese gong was originally used.

? Both NIFTY50 and Sensex reached all-time peaks 23,754 and 78,165 points respectively

? Financials led the strong performance, Axis Bank, ICICI Bank & HDFC Bank were the top contributors to the index gain

NIFTY: 23,721.3 ( ⬆️ 0.78%)
SENSEX: 78,053.5 (⬆️ 0.92%)

Garden Reach Shipbuilders & Engineers (⬆️ 11.01%) Hits all-time high with a $54 million international order

Axis Bank (⬆️ 3.53%) Sees a rally despite being dropped from Nomura's top banking picks, with a target price of ₹1,250

ICICI Bank (⬆️ 2.38%) Crosses $100 billion market cap, launching SmartLock for enhanced customer service

HDFC Asset Management Company (⬆️ 3.65%) HDFC Top 100 Fund shows a CAGR of 19% since inception, promising long-term growth

HDFC Bank (⬆️ 2.33%) Rallies 13% in June, with Bernstein's outperform rating and a target price of ₹2,100

Rail Vikas Nigam (?2.27%) Gains 125% YTD, backed by strong order inflows.

Bombay Burmah Trading Corporation (?3.54%) Surges 96% annually, despite medium-term revenue concerns

Prestige Estates Projects (?3.26%) Plans a major QIP to raise up to ₹5,000 crore

Tata Elxsi (?1.99%) Attracts investors with a Rs 70 per share dividend

Jubilant Foodworks (?1.9%) Sales up 23.61% YoY, signaling a bullish market stance

Global Market Buzz | June 24, 2024

?? US Market News:

▪️ Broadcom Reportedly in Talks With ByteDance to Build Advanced AI Chip

▪️ EU regulators stated that Apple violates the Digital Markets Act by preventing App Store customers from being directed to alternative options.

? What to Watch Today:

▪️ AI chipmaker Nvidia remains in the spotlight as shares have fallen 2.5% over the past five days, dropping from the record high reached on Thursday.

? Fun Fact:

▪️ Bombay Stock Exchange is the oldest exchange in Asia and has over 5000 companies listed.

? NIFTY and SENSEX hit new record highs intraday and gain in the last hour of trade

? Banking stocks were in focus as Bank Nifty hit record high of 51,900 points

NIFTY: 23,521.6 (?0.15%)
SENSEX: 77,337.59 (⬆️0.04%)

Delta Corp (⬆️ 11.46%) Jumps on GST Council's review hope, potentially easing online gaming tax woes

Chambal Fertilisers & Chemicals (⬆️ 6.68%) Climbs on GST removal speculation and urea growth forecast."

Zomato (⬆️ 5.24%) Rises on talks to acquire Paytm Insider, bolstering events space presence

HDFC Bank (⬆️ 3.11%) Leads Bank Nifty gains, with analysts bullish towards Rs 1,700 target

Axis Bank (⬆️ 2.92%) Gains on acquiring additional stake in Max Life Insurance

Mazagon Dock Shipbuilders (? 5.0%) Rides defence sector wave, eyes future growth

Hindustan Aeronautics (? 4%) Secures mega order for Light Combat Helicopters

Voltas (? 3.8%) Sees AC demand spike, but faces a sell rating from Goldman Sachs

Maruti Suzuki India (? 2.54%) Slides for the fifth session amid a bullish auto index