Palantir Ended First Day With $21 Billion Market Value. What Its COO Says.

Eufemia Didonato

Text size Palantir Technologies headquarters in Palo Alto, Calif. David Paul Morris/Bloomberg Palantir Technologies opened for trading Wednesday at $10 a share, about in line with recent expectations, giving the big-data analytics company an initial valuation of about $22 billion. The stock ends its first day at $9.73, down slightly […]

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Big banks' investment positions Black-owned First Independence for growth

Two recent deals with much larger financial institutions have Kenneth Kelly feeling that First Independence Bank is poised to move to a stronger position in the marketplace. Kelly, the chairman and CEO of the Detroit-based First Independence — Michigan’s largest Black-owned bank — said that despite recent headlines of new […]