Palantir Technologies (NYSE: PLTR) rallied on Monday, snapping a six-day losing streak. The data analytics company has outperformed the S&P 500 significantly over the past year, gaining 141%. Despite a string of red sessions in April, the stock remains a Buy according to Seeking Alpha analysts. Five out of 19 Wall Street analysts rate PLTR as a Buy.
Gold prices dropped on Monday due to reduced concerns about a potential broader conflict in the Middle East, with investors turning to riskier assets like stocks. Spot gold fell 2.3% to $2,336.29 per ounce, its biggest intra-day decline in over a year, while U.S. gold futures declined 2.7% to $2,349.70. The easing of tensions prompted investors to reduce their safe-haven positions in gold.
A Citigroup managing director has filed an amended lawsuit alleging a culture of sexual harassment and gender discrimination at the bank. Ardith Lindsey claims that her supervisor, Mani Singh, subjected her to violent threats and abuse after she ended their relationship. According to Lindsey, the bank failed to protect her despite numerous complaints, and she is now on leave due to the psychological impact of the abuse. Citigroup has not yet responded to the allegations.
