By Staff Reporters
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Palantir Technologies Inc., Peter Thiel’s single-biggest equity position, plummeted as much as 23% Monday after it reported widening losses and slow revenue growth. The slump erased $270 million from the value of Thiel’s stake. So far this year he’s shed 19% of his net worth, now valued at $7.4 billion, according to the Bloomberg Billionaires Index.
10 Year T-Bond: 2.987%
Economy: The Consumer Price Index report will drop this morning and give us inflation data for April.
NOTE: The CPI is a price of an index or the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time.
CITATION: https://www.r2library.com/Resource/Title/0826102549

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Filed under: Alerts Sign-Up, Health Economics, Investing | Tagged: BBI, Bloomberg Billionaires Index., Consumer Price Index, CPI, Palantir, Ten Year T Bond, Thiel |
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