Latest news for Morgan Stanley (NYSE:MSpP) Stock

Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments with approximately 45% of net revenue from its institutional securities business, 45% from wealth management, and 10% from investment management. About 30% of its total revenue is from outside the Americas. The company had over $5 trillion of client assets as well as around 80,000 employees at the end of 2023.

Morgan Stanley Depositary Shares, each representing 1/1,000th of a share of 6.500% Non-Cumulative Preferred Stock, Series P

Morgan Stanley

Teledyne Controls, a subsidiary of Teledyne Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDY#NYSE">TDY</a>) and a provider&nbsp;of avionics and aircraft data management solutions, has announced that its new Airborne Data Loader has received certification for the Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b42006590/teledynes-new-generation-onboard-secure-data-loader-eadl-xs-certified-on-boeing-737ng-aircraft" rel="noreferrer noopener"> 737NG aircraft series.</a>
Certification for additional aircraft platforms is also underway, the company said.
The eADL XS represents a significant advancement in dataloading technology, becoming the first onboard data loader to meet the ARINC 645-1 security standards for OEM secure dataloading. Equipped with built-in cellular and Wi-Fi connectivity, the eADL XS allows for fully autonomous software distribution with or without Teledyne&#8217;s GroundLink Wireless Quick Access Recorder.
AlsoRead: <a target="_blank" href="https://www.benzinga.com/trading-ideas/dividends/24/11/42012773/wells-fargo-declares-dividends-on-six-series-of-preferred-stock-details" rel="noreferrer noopener">Wells Fargo Declares Dividends On Six Series Of Preferred Stock: Details</a>
&#8220;As aircraft continue to integrate powerful new systems and networks into their design, the software distribution process becomes more complex, opening more opportunities for cybersecurity attacks,&#8221; said Mehrdad Radmehr, President of Teledyne Controls.
The certification for the 737NG underscores Teledyne&#8217;s commitment to providing cutting-edge solutions that enhance both the safety and efficiency of aviation operations.
The eADL XS is designed to simplify the upgrade process for operators, serving as a plug-and-play replacement for existing data loaders.
With this new certification for the Boeing 737NG and plans to extend the technology to other aircraft models, Teledyne&#8217;s eADL XS is set to revolutionize onboard data management and offer a higher level of cybersecurity for the aviation industry.
Price Action: TDY shares are trading lower by 1.09% to $471.35 at last check Friday.
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</ul>

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Teledyne Controls' eADL XS Certified For Boeing 737NG Aircraft, Enhancing Data Security

Craig-Hallum analyst Ryan Sigdahl maintains Gambling.com Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAMB#NASDAQ">GAMB</a>) with a Buy and raises the price target from $14 to $16.

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Analyst Ratings

GAMB

Craig-Hallum Maintains Buy on Gambling.com Gr, Raises Price Target to $16

Scotiabank analyst Greg Harrison maintains BridgeBio Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBIO#NASDAQ">BBIO</a>) with a Sector Outperform and raises the price target from $44 to $45.

BBIO

Scotiabank Maintains Sector Outperform on BridgeBio Pharma, Raises Price Target to $45

My partner and I have been managing client's assets each for over 37 years. Throughout our investing careers, there have been times when certain assets captivate the imagination, earn the trust, and yes, even the hype of investors like few things can. The Dot-Com Bubble, the Tulip Mania, the Pet Rock and Beanie Babies are a few things that come to mind.
 Bitcoin and gold are two of the most recent popular "alternative" investments that many investors are turning to, and which many refer to as a safe haven. Now I'm not saying that the Beanie Baby craze was a perceived safe haven but all of these "investments" have something in common, namely, they are worth only what someone is willing to pay for them. 
In the case of Bitcoin and gold, their appeal largely stems from the perception that they're inflation-proof or crisis-resistant but their value is truly only based on what the next person is willing to pay for it. Think about this for a moment, what is the book value, growth rate, earnings or dividend yield for either of these assets? Since obviously neither of these have them, how does one value them? Bitcoin has often been called "digital gold," implying that it offers the same stability, value- retention, and inflation resistance as its physical counterpart. However, this comparison misses some key issues:
<ol>
<li>Bitcoin's Extreme Volatility: this is one of the biggest drawbacks of Bitcoin. Over the past few years, Bitcoin's price has swung dramatically from $20,000 in late 2017 to below $4,000 in early 2019, then to highs of over $60,000 in 2021, only to drop again to under $16,000 in 2022 and then hit an all-time high after the recent election of almost $90,000. While price swings are natural for any asset, Bitcoin's fluctuations are particularly extreme, making it unpredictable and unreliable as a safe-haven asset.</li>
<li>Regulatory Uncertainty: Bitcoin along with all crypto currencies, remain under significant regulatory scrutiny worldwide. Governments and financial institutions are increasingly examining how to regulate cryptocurrencies due to concerns over security, taxation, and environmental impact. With the recent increase in regulations surrounding cryptocurrency trading and mining, Bitcoin&#8217;s future is less certain than ever. Regulatory changes can significantly impact Bitcoin's value, which undermines its reliability as a long-term investment. President-elect Trump seems to be a proponent of Bitcoin so regulations might be easing but remember, eventually a new administration will take over from him and if they aren't believers or supporters watch out.</li>
<li>Environmental Concerns: Bitcoin mining consumes a massive amount of electricity, much of which comes from non-renewable sources. The cryptocurrency's environmental impact has become a subject of major concern, with some countries even banning mining activities. As global attention on climate change intensifies and the energy demands of AI continue to rise, Bitcoin's energy-intensive nature could eventually curtail its appeal in an era of advancing sustainable technology.</li>
<li>Limited Use Case Beyond Speculation: Unlike gold, which has industrial applications and is used in jewelry, Bitcoin's utility outside speculative investment is limited. While some argue it could become a universal currency, that dream remains far from reality primarily because of the aforementioned reasons.</li>
</ol>
While we have focused on Bitcoin above, much of what we have written applies to any cyber- currency or digital asset. Gold has long been considered a safe-haven asset, particularly during times of inflation or market turbulence. While gold is far more established than Bitcoin, it also comes with its own set of issues that potential investors should consider.
<ol>
<li>Gold's Limited Returns: Historically, gold tends to underperform compared to stocks over the long term. During extended bull markets, stocks and other investments often provide much higher returns than gold. Since gold does not pay dividends or interest, it relies solely on price appreciation for gains, meaning whatever the next person is willing to pay for it, which can make it less appealing in a high-growth environment. For investors seeking returns, stocks or real estate may be better long-term investments.</li>
<li>Correlation with Inflation: Gold is often touted as an "inflation hedge," but its performance against inflation has been inconsistent. While it sometimes retains its value during periods of high inflation, gold's value is still influenced by numerous factors, including interest rates, currency strength, and investor sentiment. As a result, gold does not always rise in value when inflation is high. For example, in the early 1980s, when inflation surged, gold prices actually fell significantly from over $800/oz to $360/oz by 1986.</li>
<li>Storage and Security Costs: Storing physical gold safely comes with additional costs, whether through purchasing a safe or renting a secure storage facility. Even "paper gold" investments like gold ETFs often come with management fees as well as something called "contango" which is basically the selling of expiring futures contracts that the ETF holds, instead of actually holding physical gold, and replacing them with a different set of futures contracts that expire further down the line. Over the course of time, "contango" along with the other expenses can eat away at your returns making gold a less efficient store of value than it might seem on the surface.</li>
<li>Political and Economic Risks: Much of the world's gold is mined in politically unstable regions, which can impact supply and, ultimately, prices. Additionally, governments can (and have) restricted gold ownership or confiscated gold during crises. For instance, during the Great Depression, the U.S. government issued an executive order forbidding private ownership of gold, which restricted citizens&#8217; access to their own gold reserves. While Bitcoin and gold can play a role in a diversified investment portfolio, neither asset is a "magic bullet" for financial security.</li>
</ol>
Bitcoin and gold have undeniable appeal as alternative assets. The technological allure of Bitcoin and the timeless significance of gold make them compelling choices for investors. However, neither is foolproof. Bitcoin's volatility and regulatory challenges, along with gold's inconsistent performance against inflation and additional costs, make them less than ideal as the "safe havens" they're often portrayed to be. 
The best way to protect wealth is to build a balanced, diversified portfolio that aligns with your financial goals, risk tolerance, and investment horizon. Instead of putting all your faith in "alternative" assets, focus on strategies that have consistently proven effective over time. That's the real key to navigating financial uncertainty—without being swept up in the craze.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

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Bitcoin And Gold: What's All The Fuss about?

Craig-Hallum analyst Bill Bonello downgrades Akoya Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKYA#NASDAQ">AKYA</a>) from Buy to Hold and lowers the price target from $7 to $5.

Downgrades

AKYA

Craig-Hallum Downgrades Akoya Biosciences to Hold, Lowers Price Target to $5

<a href="https://www.bloomberg.com/news/articles/2024-11-15/mcdonald-s-to-spend-100-million-to-move-past-e-coli-outbreak">https://www.bloomberg.com/news/articles/2024-11-15/mcdonald-s-to-spend-100-million-to-move-past-e-coli-outbreak</a>
McDonald's Corp. is spending $100 million in an effort to revive sales and support franchisees after a severe E. Coli outbreak spooked diners away.&nbsp;

'McDonald's To Spend $100M To Move Past E. Coli Outbreak; Company Is Boosting Advertising And Supporting Franchisees; More Than 100 In 14 States Were Sickened By The Outbreak' - Bloomberg News

The British <a href="https://europeancapitalinsights.substack.com/p/british-economy-slows-on-lackluster?r=3nmatg">economy expanded less than forecast</a> in the third quarter as the service sector and budget concerns slowed momentum.&nbsp;
Gross domestic product (GDP) grew by 0.1% for the quarter, compared with growth of 0.5% in Q2, data from the Office for National Statistics (ONS) <a href="https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/september2024" target="_blank" rel="noreferrer noopener">showed</a> on Friday. That compared with <a href="https://tradingeconomics.com/united-kingdom/calendar" target="_blank" rel="noreferrer noopener">economists' expectations of 0.3%</a> for Q3.&nbsp;
"The economy grew a little in the latest quarter overall as the recent slowdown in growth continued," Liz McKeown, Director of Economic Statistics at ONS, <a target="_blank" rel="noreferrer noopener" href="https://x.com/ONS/status/1857317675183087961">said</a>. "Generally, growth was subdued across most industries in the latest quarter."
The services sector, which accounts for 79% of the UK's GDP, rose only 0.1%, weighing on the UK GDP as technical activities and wholesale and retail trade showed marginal improvements. Business-facing services saw no growth.
<figure class="wp-block-image is-resized"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F14730f24-7c4e-4ba7-9afc-191e74a10f3f_717x540.png" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F14730f24-7c4e-4ba7-9afc-191e74a10f3f_717x540.png" alt="" style="width:624px" /></a><figcaption class="wp-element-caption">Source: <a target="_blank" rel="noreferrer noopener" href="https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/september2024">ONS</a></figcaption></figure>
<h3 class="wp-block-heading">British Economy Hurt By Manufacturing Contraction</h3>
The British economy contracted by 0.1% in September month-on-month, <a target="_blank" rel="noreferrer noopener" href="https://tradingeconomics.com/united-kingdom/calendar">missing forecasts of a 0.1%</a> expansion. Services on a monthly basis showed "no growth," McKeown said, adding that "production fell overall, driven by manufacturing," <a target="_blank" rel="noreferrer noopener" href="https://tradingeconomics.com/united-kingdom/calendar">with a contraction of 1%</a>.
The weak data underlines the challenges that the Labour Party faces as it tries to revive economic growth. Industrial production contracted by 0.5% in September, missing forecasts of 0.2% growth month-on-month.
The British pound fell to the lowest level against the dollar since early July, extending a five-day decline to $1.2629. The pound has been weighed down by fears of trade escalation and poor relations with the US under President-elect Donald Trump.&nbsp;
British Foreign Secretary David Lammy <a href="https://www.theguardian.com/politics/2024/nov/08/david-lammy-dismisses-past-criticism-donald-trump-old-news" target="_blank" rel="noreferrer noopener">has described</a> Trump as "deluded, dishonest, xenophobic, narcissistic" and a "neo-Nazi-sympathizing sociopath."
<h3 class="wp-block-heading">Slow British Economy Growth Brings Rate Cut On Table</h3>
The latest UK GDP figures have shifted the focus on the Bank of England's (BoE) monetary policy trajectory. The BoE lowered interest rates on November 6 by 0.25 percentage points to 4.75%, the second cut this year.&nbsp;
"We shouldn&#8217;t overthink the GDP numbers we've been getting recently," ING <a target="_blank" rel="noreferrer noopener" href="https://think.ing.com/snaps/uk-growth-slows-considerably-in-the-third-quarter/">said</a>. "The Bank of England has made it abundantly clear that it's not putting much weight on them. Barring any downside surprises, we think the next move in December is a pause, before another rate cut in February.&#8221;
Most economists broadly expect a hold on December 19, when the Monetary Policy Committee meets next. But some argue that the UK GDP data make a solid case for a rate cut.&nbsp;
The data "are likely to open the door" to cuts before year's end, Wealth Club investment manager, Isaac Stell, said. If growth slows again, there is a "good chance" of cuts, University of Liverpool Management School Professor, Costas Milas, said.
<h3 class="wp-block-heading">Labour Faces Challenges Spurring British Economy</h3>
Chancellor Rachel Reeves has made improving GDP at "the heart of everything." The budget "tackled" public finances and greater public investment "in our plan for economic growth," Reeves <a target="_blank" rel="noreferrer noopener" href="https://www.gov.uk/government/speeches/mansion-house-2024-speech">said</a> on November 14.&nbsp;
The fiscal plan will provide "economic stability" by putting "our public finances back on a firm footing," she said.&nbsp; "Instability in our public finances leads to instability in our financial markets. That is not good for investment."
The government increased taxes<a target="_blank" rel="noreferrer noopener" href="https://www.politico.eu/article/britain-budget-tax-increase-growth-rachel-reeves-keir-starmer-uk-labour-party-treasury/"> by £40 billion</a><a target="_blank" rel="noreferrer noopener" href="https://www.ft.com/content/3a7d0c5c-81ba-4879-9289-5c94a120a1aa"> </a>to repair public finances and<a target="_blank" rel="noreferrer noopener" href="https://www.ft.com/content/3a7d0c5c-81ba-4879-9289-5c94a120a1aa"> improve public services</a>. It earmarked <a target="_blank" rel="noreferrer noopener" href="https://www.theguardian.com/uk-news/2024/nov/02/nhs-226bn-funding-boost-in-england-not-enough-warn-health-experts">£22.6 billion</a> for the National Health Service and a 1.2% increase in employers' national insurance contributions.&nbsp;
<a target="_blank" rel="noreferrer noopener" href="https://conservativehome.com/2024/10/30/budget-responses-from-the-conservative-leadership-contenders-and-leading-think-tanks/">Conservative MP Robert Jenrick</a> called the tax increase "the biggest heist in modern history." Conservative leader Kemi Badench <a target="_blank" rel="noreferrer noopener" href="https://www.thetimes.com/uk/politics/article/budget-2024-latest-news-live-rachel-reeves-statement-live-9v5fmsvrl">questioned why Labour's strategy always </a>focused on "higher taxes, more borrowing, and lower growth."
<figure class="wp-block-image is-resized"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd2777570-7df2-4185-a434-7c980684103f_698x317.png" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd2777570-7df2-4185-a434-7c980684103f_698x317.png" alt="" style="width:624px" /></a><figcaption class="wp-element-caption">Source: <a target="_blank" rel="noreferrer noopener" href="https://obr.uk/docs/dlm_uploads/OBR_Economic_and_fiscal_outlook_Oct_2024.pdf">Office for Budget Responsibility</a>&nbsp;</figcaption></figure>
<h3 class="wp-block-heading">British Economy Faces ‘Big Risks' in Budget</h3>
Reeves has argued that the tax hikes, aimed at the wealthiest, are necessary to sustain investments in healthcare, education, and infrastructure. However, the director of the Institute for Fiscal Studies (IFS), <a target="_blank" rel="noreferrer noopener" href="https://ifs.org.uk/articles/budget-was-non-event-and-kicked-big-decisions-down-road">Paul Johnson</a>, warned of "big risks lurking" in the budget.&nbsp;
"Big increases in taxes and borrowing are not costless," he <a target="_blank" rel="noreferrer noopener" href="https://ifs.org.uk/articles/there-are-big-risks-lurking-budget#:~:text=There%20are%20big%20risks%20lurking%20in%20this%20budget.,26%20survive%20contact%20with%20reality.">wrote</a> on October 31. "Not all of the extra borrowing, by any means, was for investment spending."
The Office for Budget Responsibility (OBR) cautioned on October 30 that rising government debt levels could put upward pressure on inflation. Having fallen back to around the 2% target in mid-2024, "<a target="_blank" rel="noreferrer noopener" href="https://obr.uk/efo/economic-and-fiscal-outlook-october-2024/#:~:text=1.9%20Real%20GDP%20growth%20is,as%20these%20temporary%20effects%20fade.">we expect CPI inflation to pick up to 2.6% in 2025</a> partly due to the direct and indirect impact of Budget measures," it said.&nbsp;
<a target="_blank" rel="noreferrer noopener" href="https://www.britishchambers.org.uk/news/2024/11/employment-cost-pressures-loom-large-for-smes/">The British Chambers of Commerce</a> (BCC) has warned of further employment costs and how much businesses could absorb. This could weaken GDP growth, which the OBR <a target="_blank" rel="noreferrer noopener" href="https://obr.uk/efo/economic-and-fiscal-outlook-october-2024/#:~:text=1.9%20Real%20GDP%20growth%20is,as%20these%20temporary%20effects%20fade.">projects</a> at 1.1% for 2024 and 2% for 2025.
<figure class="wp-block-image is-resized"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F47be77ee-464f-44d7-8d60-bdcd3b70474d_731x407.png" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F47be77ee-464f-44d7-8d60-bdcd3b70474d_731x407.png" alt="" style="width:624px" /></a><figcaption class="wp-element-caption">Source:<a target="_blank" rel="noreferrer noopener" href="https://obr.uk/docs/dlm_uploads/OBR_Economic_and_fiscal_outlook_Oct_2024.pdf"> OBR</a></figcaption></figure>
"We need urgent action to drive growth, tackle the skills crisis, boost workforce health and reduce inactivity in the labor market," the BCC said on November 12.
<h3 class="wp-block-heading">Public Spending Alone Won't Spur British Economy</h3>
The government <a target="_blank" rel="noreferrer noopener" href="https://www.gov.uk/government/news/pm-boosts-uk-aerospace-industry-with-975-million-to-drive-growth-and-jobs">plans to spend £975 million over the next five years</a> to create "thousands" of jobs in the aerospace industry. The extension will speed up innovation, create job opportunities and support an industry, the government said.
Deputy chief economist <a target="_blank" rel="noreferrer noopener" href="https://www.irishtimes.com/business/2024/11/15/uk-economic-growth-slows-as-budget-jitters-and-high-interest-rates-take-toll/">Luke Bartholomew at abrdn believes</a> the budget will expand the UK government's spending by £70bn over the next five years. This will lead to higher inflation and growth next year, he said.
For BoE governor Andrew Bailey, government spending won't be enough to spur growth, especially as borrowing costs remain elevated. The <a target="_blank" rel="noreferrer noopener" href="https://www.bankofengland.co.uk/speech/2024/november/andrew-bailey-speech-at-the-annual-financial-and-professional-services-dinner">average annual potential growth</a> rate fell to 0.7% between 2020-2023, down from 1.3% between 2009-2019 and 2.6% between 1990-2008.
<figure class="wp-block-image is-resized"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6a4c6a89-3412-4126-b886-4d954ee78dd2_917x577.png" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6a4c6a89-3412-4126-b886-4d954ee78dd2_917x577.png" alt="" style="width:624px" /></a><figcaption class="wp-element-caption">Total managed expenditure of the government of the United Kingdom from 2000/01 to 2029/30, Source: <a target="_blank" rel="noreferrer noopener" href="https://www.statista.com/statistics/298465/government-spending-uk/">Statista</a></figcaption></figure>
Business investment in the UK has been particularly weak by G7 standards," he <a target="_blank" rel="noreferrer noopener" href="https://www.bankofengland.co.uk/speech/2024/november/andrew-bailey-speech-at-the-annual-financial-and-professional-services-dinner">said </a>in a speech on November 14. "We need to encourage business investment in the UK," he said.&nbsp;
"Public investment is important as a foundation," he said. "But, to those who have pointed out that this will not raise the potential growth rate substantially, my response is ‘of course not.'"
Disclaimer:
Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. European Capital Insights is not responsible for any financial decisions made based on the contents of this article. Readers may use this article for information and educational purposes only.&nbsp;
This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Market Summary

Eurozone

Economics

British Economy Slows On Lackluster Services, Budget Jitters

Scotiabank analyst Andres Coello maintains AST SpaceMobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) with a Sector Outperform and lowers the price target from $45.9 to $44.7.

ASTS

Scotiabank Maintains Sector Outperform on AST SpaceMobile, Lowers Price Target to $44.7

Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) is making waves with its decision to transfer <a href="https://www.benzinga.com/quote/PLTR/news">its stock listing</a> from the NYSE to the Nasdaq Global Select Market starting Nov. 26. 
The stock will retain its ticker symbol &#8220;PLTR,&#8221; but investors are left wondering: Could this move to Nasdaq be the first step toward a future in the Nasdaq-100 Index?
<h2 class="wp-block-heading">A Shift Toward Nasdaq</h2>
This move comes as Nasdaq continues to attract an increasing number of high-profile companies. In <a href="https://www.nasdaq.com/newsroom/500-listings-have-switched-from-nyse-to-nasdaq">fact</a>, 16 companies have switched to Nasdaq just this year, with big names like government contractor Science Applications International Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) and food giant Campbell Soup Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>) making the leap. With over $1 trillion in market value from recent transfers, Nasdaq is becoming a hub for growth and innovation.
For Palantir, this shift might be more than just a change of scenery—it could mark the start of a new phase. While there's no official word from the company about targeting the Nasdaq-100, the potential is undeniable. Joining this elite index would place Palantir in the company of tech heavyweights and bring significant investor attention.
It could also then find its place in Nasdaq-100 index-tracking ETFs such as the Invesco QQQ Trust Series I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) and the Invesco NASDAQ 100 ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQM#NASDAQ">QQQM</a>).
Read Also: <a href="https://www.benzinga.com/24/11/42010539/whats-going-on-with-palantir-technologies-stock-today">What&#8217;s Going On With Palantir Technologies Stock Today?</a>
<h2 class="wp-block-heading">Why Nasdaq?</h2>
Palantir's move to Nasdaq places it among some of the most prestigious companies in the world, all while providing a more innovative, cost-effective environment for growth. Nasdaq is known for its modern technology, streamlined services, and lower listing fees—factors that have made it increasingly attractive to large-cap stocks.
Palantir has positioned itself at the forefront of the AI revolution, integrating advanced artificial intelligence capabilities into its data analytics platform to help clients make data-driven decisions with greater precision. By leveraging AI, Palantir aims to enhance its offerings for industries ranging from government to healthcare, providing powerful tools for predictive analysis and automation.
And with companies like Linde, SAIC, and Campbell's benefiting from Nasdaq's advanced market structure, Palantir could reap similar rewards. Nasdaq's reputation for nurturing successful companies has made it a natural home for firms with high growth potential.
<h2 class="wp-block-heading">What About The Nasdaq-100?</h2>
While Palantir has yet to announce any ambitions for the Nasdaq-100, Wall Street is watching closely to see if this listing move could set the stage for the next big leap. Historically, <a href="https://www.nasdaq.com/newsroom/500-listings-have-switched-from-nyse-to-nasdaq">24</a> companies that switched to Nasdaq in recent years have made it into the Nasdaq-100, raising the question: Is Palantir on track to join the ranks of this prestigious index?
For now, the focus is on the listing transfer, but investors are curious whether Palantir's growth trajectory and tech prowess will help it meet the performance criteria for inclusion in the Nasdaq-100. 
If it does, the stock is likely to experience increased demand, driven by substantial passive investment from institutional investors linked to the index.
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Image created with a photo from the <a href="https://www.flickr.com/photos/worldeconomicforum/" target="_blank" rel="noreferrer noopener">World Economic Forum</a> on Flickr.

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Palantir Prepares Nasdaq Move: Could Nasdaq-100 Be Next?

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