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 Palantir could be the "next Oracle or Salesforce," says Daniel Ives.

Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking tips its delivery drivers received from customers, District of Columbia Attorney General Brian L. Schwalb said Friday. https://lnkd.in/eUvQiTGJ

A rising number of Americans are anxious about the state of the US economy — and it's all about inflation. The latest University of Michigan consumer sentiment survey released Friday showed headline sentiment declined to its lowest level in seven months as pessimism over the inflation outlook drove down February's preliminary read and one-year inflation expectations jumped to 4.3% from 3.3% last month. https://lnkd.in/edgYSk_W

Industrial giant Honeywell will be getting smaller. Honeywell ended months of speculation on Thursday by announcing it would split into three listed companies: Honeywell Automation, Honeywell Aerospace and Advanced Materials. The automation business will stay focused on building that technology, while aerospace is dedicated to tech for plane cockpits, and advanced materials covers solutions for sectors such as healthcare.

Alphabet reported its fourth quarter earnings after the bell on Tuesday, beating on earnings per share and coming in roughly even on revenue. But the company fell short on its important cloud segment revenue. https://lnkd.in/ekHXvFWT

On July 24, 2015, Amazon’s market cap surpassed Walmart’s. It took nearly 10 years for its revenue to do the same. The once-scrappy online retailer had already expanded into cloud services and streaming video, but its revenue in that second quarter of 2015 was about one-fifth of Walmart’s, at $23.2 billion. Yesterday, Amazon posted fourth quarter sales of $187.8 billion, a 10% increase. Revenue from Walmart, whose numbers are due on Feb. 20, is predicted to rise 4% to $180 billion. https://lnkd.in/eHRs6f_7

The US labor market showed continued signs of resilience in January as the unemployment rate unexpectedly fell, wages grew more than expected, and December's monthly job gains were revised higher to show the US labor market exited 2024 on even better footing than previously reported. https://lnkd.in/ei-WHb2i

Bill Gates thinks Intel needs to fix itself to keep up: "It'd be great for the United States if their process technology arm could be a credible alternative to TSMC and Samsung." More: https://lnkd.in/et345jd9

President Trump sat down with Republican lawmakers Thursday to discuss tax cuts and made a favorite deduction of hedge fund managers one of his targets, White House Press Secretary Karoline Leavitt said Thursday. Leavitt listed the "the tax priorities of the Trump administration" Thursday while reading from a prepared list. She had listed many familiar ideas, such as ending taxes on tips, but also included a promise to “close the carried interest tax deduction loophole.” https://lnkd.in/eAHsiGsK

Mortgage rates fell slightly this week amid a period of market volatility spurred by the Trump administration’s rapidly evolving tariff plans. The average 30-year mortgage rate was 6.89% this week through Wednesday, down from 6.95% a week earlier. Fifteen-year mortgage rates fell to 6.05%, from 6.12%, according to Freddie Mac data. https://lnkd.in/eCABvbQS