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Crypto

Peter Brandt says bitcoin still lacks technical signals for new bull market

Bitcoin has not yet produced clear technical signals strong enough to indicate entry into a new bull market, according to veteran trader Peter Brandt. He said current charts do not suggest a bull market is imminent and echoed a bearish view from Northstar Charts. Brandt warned the market has not confirmed a bottom and said a sustainable low is unlikely before October 2026. Analysts also cited movements of long-dormant bitcoin holdings as a source of uncertainty.

AI & Enterprise

Palantir shares jump 12 percent after hours on 93 percent revenue surge; CEO calls it 'unrealistic quarter'

Palantir Technologies shares jumped more than 12 percent in after-hours trading after the company reported fiscal second-quarter results that beat market expectations, with revenue up 93 percent from a year earlier. The company also raised its full-year outlook for a third consecutive quarter. U.S. revenue rose 115 percent, led by gains in commercial and government business. CEO Alex Karp said demand for AI sovereignty has exploded.

AI & Enterprise

Hugging Face CEO calls for mandatory disclosure of AI hacks after OpenAI incident

Hugging Face CEO Clem Delangue called for mandatory disclosure of hacking incidents involving AI companies after an OpenAI intrusion incident. He said a system that transparently reveals incidents is more important than measures that block the release of powerful AI models. Delangue said similar problems can occur with unreleased models and argued that limiting launches is not a solution. He also said the United States lacks a federal AI incident reporting law.