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SHA:688072 25 January 2026 - 26 January 2026

Piotech Class A stock in focus: Friday jump, Big Fund trim and Monday meeting ahead

Piotech Class A stock in focus: Friday jump, Big Fund trim and Monday meeting ahead

Piotech shares closed Friday at 376.03 yuan, up 3.3%, after the National Integrated Circuit Industry Investment Fund cut its stake to 16.86% via block trades. Shareholders meet Jan. 26 in Shenyang to vote on board changes, including a new director. The fund’s share sale remains unfinished. Traders are watching for further selling and the stock’s reaction when Shanghai reopens Monday.
26 January 2026
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Stock Market Today

  • Palantir CEO Criticizes AI Spending of Anthropic and OpenAI Amid Rising Corporate AI Costs
    June 10, 2026, 12:38 PM EDT. Palantir CEO Alex Karp criticized major AI firms Anthropic and OpenAI for high enterprise AI spending and limited client satisfaction. Karp highlighted Palantir's role in supporting Anthropic projects and urged companies to move beyond costly token-based billing, a model charging users per text processed by AI. As corporate buyers set firm AI budgets, many face "sticker shock" with modest cost savings, per Bain data. Karp called out "token maxing," where usage inflates without real business impact, and promoted Palantir's steadier, operational AI approach. Meanwhile, Anthropic launched Claude Fable 5 to lower costs and add security features. Analysts like Wedbush reaffirm Palantir's strong position thanks to its integrated software and on-site engineers.

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