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%20said.%20%E2%80%9CAfter%20a%20prolonged%20period%20of%20extensive%20outperformance%20by%20the%20Nasdaq%20and%20tech%20stocks,%20it%20is%20not%20unreasonable%20to%20foresee%20a%20phase%20of%20underperformance,%20consolidation%20or%20even%20an%20outright%20collapse.%E2%80%9DFor%20more%20articles%20like%20this,%20please%20visit%20us%20at%20bloomberg.comSubscribe%20now%20to%20stay%20ahead%20with%20the%20most%20trusted%20business%20news%20source.%C2%A92021%20Bloomberg%20L.P.%3C/p%3E%3C/div%3E%3C/div%3E%3Cdiv%3E%3Cdiv%3E%3Clabel%3E7h%20ago%3C/label%3E%3C/div%3E%3C/div%3E%3C/li%3E%3Cli%20id=%22gemini-item-36302244526-1615662127809%22%3E%3Cdiv%3E%3Cimg%20src=%22https://s.yimg.com/cv/apiv2/default/20190501/placeholder.gif%22%3E%3C/div%3E%3Cdiv%3E%3Ch4%3E%3Cb%3EAd%3C/b%3E%3Ca%20href=%22https://beap.gemini.yahoo.com/mbclk?bv=1.0.0%26amp%3Bes=RV7fZaEGIS.Ir3NnI751BF_VKY_IFT9kBofh9xmk.g.D88HcX7YcQxOiBiCyNPK_EjHbrJTMdOEVfnrJjYrAS.86F.LnxWovSrea5m9_ZFNDOxqDuqDx1g5TYzEm4jjbggYsao5WNuknCqRk8qqs7KKULUPOMPvvzdi3Lg0MEf.CuDK_w8utixvWsYqTjJHycc_VcZfth_iFRLSCoOPWe26k6DgSODha5S8opco6mcylxVjm1MrsA6S.ht2lwTNq97FhBbI_AnscGRqyIs3l5IYr9PrUoisJatRRbXED3TUO7lkgxrCyOopXZ033EOOgX1JV3iaq7EfHZENzeRLQWcO31l0Cyiqu0nyrK9StoEsWo5UpY3kcQsi2dw3CfkLG5n.ufa.6iHrggqwsNmR3cP10khOwPv5P.ox7YMCgGqg5mR2uAodA_M3NUKz3WL7C7fs6rZM9i8WgWdwK8vQrdPFvqp1.1vPw2vr4gZMV_rgX_MHpUwqvMQktlBKEMKex5QGUjdFdcUKT6J9lIBAQ4IxvqmxPEwPcmIu3o9HEKH1B3jta.kC7YG20v3XFElJEVNmrcdbOrU0056N5oTiCDStWydE80tjSRjOVFgRzJD4TjpIAAmBwHfAYVqxxq1.FDOiG%22%20target=%22_blank%22%3EAre%20You%20Doing%20Enough%20To%20Protect%20Your%20Family?%3C/a%3E%3C/h4%3E%3Cp%3ESecure%20your%20family%20in%20times%20of%20uncertainty%20with%20Kotak%20e-Term%20Plan%20at%20Rs.23%20/day*.%20Also%20covers%20COVID-19%20claims.%3C/p%3E%3C/div%3E%3C/li%3E%3Cli%3E%3Cdiv%3E%3Cdiv%3E%3Cimg%20src=%22https://s.yimg.com/cv/apiv2/default/20190501/placeholder.gif%22%3E%3C/div%3E%3Cdiv%3E%3Cdiv%3EBenzinga%3C/div%3E%3Ch4%3E%3Ca%20href=%22https://finance.yahoo.com/news/palantir-blackberry-2-disruptors-trying-153015249.html%22%20target=%22_blank%22%3EPalantir%20And%20BlackBerry:%202%20Disruptors%20Trying%20To%20Power%20All%20Things%3C/a%3E%3C/h4%3E%3Cp%3EPalantir%20Technologies%20Inc%20(NYSE:%20PLTR)%20and%20BlackBerry%20Ltd%20(NYSE:%20BB)%20have%20each%20snagged%20a%20slew%20of%20partnerships%20over%20the%20past%20year,%20disrupting%20the%20technology%20space%20and%20putting%20them%20in%20the%20spotlight%20as%20true%20growth%20companies.%20What%20Happened:%20Although%20both%20companies%20have%20been%20in%20business%20for%20years%20--%20Palantir%20was%20founded%20in%202003,%20BlackBerry%20in%201984%20%E2%80%94%20their%20proprietary%20technology%20has%20become%20increasingly%20sought%20after%20by%20numerous%20companies%20across%20many%20major%20sectors.%20The%20companies%20have%20a%20lot%20in%20common%20too.%20Each%20company's%20platforms%20have%20disrupted%20the%20technology%20space%20by%20changing%20the%20course%20of%20how%20other%20businesses%20operate.%20The%20companies%20they%20partner%20with%20plug%20their%20own%20technology%20into%20Palantir%20and%20BlackBerry%E2%80%99s%20platforms%20and%20together%20create%20systems%20that%20are%20not%20only%20user-friendly%20but%20also%20completely%20safe%20and%20secure,%20something%20both%20companies%20pride%20themselves%20on.%20Both%20companies%20also%20have%20a%20long%20history%20with%20the%20U.S.%20government.%20Through%20its%20wholly-owned%20subsidiary%20BlackBerry%20Government%20Solutions%20headquartered%20in%20Washington%20D.C.,%20BlackBerry%20provides%20an%20end-to-end%20software%20stack%20that%20protects%20the%20data%20of%20nearly%20every%20federal%20department.%20More%20than%2070%25%20of%20all%20federal%20employees%20use%20devices%20that%20are%20protected%20by%20BlackBerry%E2%80%99s%20crisis%20communication%20solution.%20Similarly,%20Palantir,%20a%20company%20that%20has%20seemed%20shrouded%20in%20secrecy%20until%20this%20year,%20provides%20software%20used%20by%20the%20U.S.%20Intelligence%20Community%20and%20the%20Department%20of%20Defense%20for%20counterterrorism%20projects.%20Although%20never%20officially%20confirmed%20by%20the%20company,%20it%20is%20widely%20reported%20that%20Palantir%E2%80%99s%20data-mining%20software%20was%20used%20to%20locate%20Osama%20Bin%20Laden.%20Why%20It%20Matters:%20Recently%20more%20and%20more%20corporations,%20such%20as%20automakers,%20big%20tech%20companies%20and%20private%20organizations,%20have%20been%20jumping%20on%20board%20using%20BlackBerry%20and%20Palantir%20software.%20Both%20companies'%20software%20platforms%20can%20be%20used%20by%20a%20single%20company%20to%20assist%20in%20secure%20and%20safe%20data%20analytics,%20transfers%20and%20storage.%20The%20duo%20also%20holds%20partnerships%20with%20Amazon.com,%20Inc.%20(NASDAQ:%20AMZN)%20cloud%20service%20platform%20Amazon%20Web%20Services%20(AWS).%20BlackBerry:%20Although%20BlackBerry%20boasts%20nearly%20two%20dozen%20different%20products,%20the%20three%20that%20have%20made%20the%20most%20news%20recently%20are%20its%20BlackBerry%20AtHoc%20platform%20and%20its%20two%20QNX%20products:%20QNX%20Hypervisor%20and%20QNX%20Real-time%20Operating%20System.%20On%20March%209,%20BlackBerry%20announced%20it%20had%20partnered%20with%20Chinese%20automaker%20Huizhou%20Desay%20SV%20Automotive%20Co%20Ltd%20(SHE:%20002920)%20to%20create%20a%20smart%20driving%20experience%20built%20on%20BlackBerry%E2%80%99s%20proprietary%20QNX%20Hypervisor%20system.%20Earlier%20this%20year%20BlackBerry%20also%20announced%20an%20expanded%20partnership%20with%20Baidu%20Inc%20(NASDAQ:%20BIDU)%20and%20with%20Hyundai%20Motor%20Company%20GDR%20(OTC:%20HYMTF)%20backed%20Motional,%20both%20of%20which%20use%20BlackBerry%E2%80%99s%20QNX%20software%20to%20power%20their%20systems.%20Blackberry%20also%20holds%20a%20partnership%20with%20Microsoft%20Corporation%20(NASDAQ:%20MSFT)%20which%20uses%20BlackBerry%20AtHoc%20to%20manage%20critical%20events%20on%20Microsoft%20Teams%20software.%20Palantir:%20The%20company%E2%80%99s%20three%20main%20products%20are%20its%20Foundry,%20Gotham%20and%20Apollo%20platforms.%20On%20March%2011,%20Palantir%20announced%20a%20six-year%20partnership%20with%20Faurecia,%20a%20leading%20automotive%20technology%20company%20that%20will%20use%20Palantir%E2%80%99s%20Foundry%20platform%20to%20accelerate%20its%20digital%20transformation.%20Palantir%20has%20also%20partnered%20with%20mining%20corporation%20Rio%20Tinto%20plc%20ADR%20(NYSE:%20RIO),%20N95%20mask%20producer%203M%20Co%20(NYSE:%20MMM)%20and%20law%20firm%20Akin%20Gump%20Strauss%20Hauer%20%26amp%3B%20Feld.%20All%20use%20Palantir%E2%80%99s%20Foundry%20platform%20for%20data%20integration.%20Why%20It%20Matters:%20The%20disruptive%20capabilities%20of%20BlackBerry%20and%20Palantir%20have%20only%20begun%20to%20surface%20and%20investors%20can%20safely%20bet%20on%20more%20partnership%20announcements%20to%20come.%20Related%20Link:%20Find%20out%20trading%20ideas%20on%20Benzinga%20Live%20Stock%20Market%20on%20YouTube.%20(Photo%20by%20Ethan%20Hoover%20on%20Unsplash)%20See%20more%20from%20BenzingaClick%20here%20for%20options%20trades%20from%20BenzingaBlackBerry%20Teams%20Up%20With%20Desay%20To%20Create%20A%20Smart%20Driving%20ExperiencePalantir%20And%20AWS%20Team%20Up%20For%20ERP%20Suite%C2%A9%202021%20Benzinga.com.%20Benzinga%20does%20not%20provide%20investment%20advice.%20All%20rights%20reserved.%3C/p%3E%3C/div%3E%3C/div%3E%3Cdiv%3E%3Cdiv%3E%3Clabel%3E1d%20ago%3C/label%3E%3C/div%3E%3C/div%3E%3C/li%3E%3Cli%3E%3Cdiv%3E%3Cdiv%3E%3Cimg%20src=%22https://s.yimg.com/cv/apiv2/default/20190501/placeholder.gif%22%3E%3C/div%3E%3Cdiv%3E%3Cdiv%3EBarrons.com%3C/div%3E%3Ch4%3E%3Ca%20href=%22https://finance.yahoo.com/m/bdcda900-945d-38b3-b5b3-befecf5c998d/renewable-energy-stocks-hot.html%22%20target=%22_blank%22%3ERenewable%20Energy%20Stocks,%20Hot%20in%202020,%20Have%20Turned%20Cold.%20Time%20to%20Buy?%3C/a%3E%3C/h4%3E%3Cp%3EAnalysts%20have%20begun%20to%20upgrade%20some%20beaten-down%20renewable%20stocks,%20which%20got%20expensive%20in%202020%20and%20now%20face%20a%20broad-market%20shift%20to%20value.%3C/p%3E%3C/div%3E%3C/div%3E%3Cdiv%3E%3Cdiv%3E%3Clabel%3E19h%20ago%3C/label%3E%3C/div%3E%3C/div%3E%3C/li%3E%3Cli%3E%3Cdiv%3E%3Cdiv%3E%3Cdiv%3EFinancial%20Times%3C/div%3E%3Ch4%3E%3Ca%20href=%22https://finance.yahoo.com/m/ad6bc08c-512b-3836-96a1-d6fc0617e7b7/cathie-wood-a-tech-investor.html%22%20target=%22_blank%22%3ECathie%20Wood:%20a%20tech%20investor%20doing%20God%E2%80%99s%20work%3C/a%3E%3C/h4%3E%3Cp%3EEarlier%20this%20week,%20and%20for%20no%20obvious%20reason,%20Cathie%20Wood%E2%80%99s%20$23bn%20flagship%20Ark%20investment%20innovation%20fund%20rose%2010%20per%20cent%20in%20a%20day.%20%20On%20Wall%20Street%20that%20kind%20of%20bounce%20is%20usually%20a%20warning%20sign%20of%20frothy%20markets,%20especially%20given%20Ark%E2%80%99s%20recent%20price%20falls.%20%20Wood%20is%20the%20public%20face%20of%20a%20speculative%20tech%20boom%20many%20liken%20to%20the%20dot.com%20boom%20and%20bust%20of%20the%20early%202000s.%3C/p%3E%3C/div%3E%3C/div%3E%3Cdiv%3E%3Cdiv%3E%3Clabel%3E2d%20ago%3C/label%3E%3C/div%3E%3C/div%3E%3C/li%3E%3C/ul%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3Cdiv%20id=%22background%22%3E%3Cdiv%20id=%22background_shading%22%3E%3C/div%3E%3C/div%3E%3C/div%3E%3Clink%20rel=%22stylesheet%22%20href=%22https://markups.kdanmobile.com/mymarkup/front/the_components/reformat/style.css%22%20type=%22text/css%22%3E%3C/body%3E

Summary | 7 Annotations
Stocks advanced on Thursday and the Dow set yet another record intraday high after Congress passed another expansive coronavirus relief package. Technology shares rebounded, and Treasury yields steadied. 
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The Dow added 100 points, or 0.3%, and the S&P 500 increased 0.7% shortly after the opening bell. The Nasdaq outperformed as tech stocks resurged, and the index climbed 1.7%. 
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Meanwhile, the U.S. House of Representatives voted to pass a $1.9 trillion coronavirus relief package Wednesday afternoon, which includes provisions like $1,400 stimulus checks to most Americans, $300 per week in augmented unemployment benefits through early September, and $350 billion in state, local and tribal government aid. President Joe Biden is poised to sign the bill as soon as Friday, as it has already cleared the Senate. 
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"The most immediate impact in the macroeconomic data will be in retail sales numbers, where some of the $410 billion in direct payments will appear in both the March and — especially — April reports," Ian Shepherdson of Pantheon Macroeconomics wrote in a note Wednesday. "We also expect to see a rapid response — though not quite as quick as in the retail sales data — from state and local governments, which will use much of their $350 billion in direct support from the federal government, alongside $130 billion for schools, to re-hire some of the 1.3 million people let go from the sector since the pandemic started."
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"Given that the most recent reading of the personal savings rate is a healthy 20.5%, our expectation is that a portion of the stimulus money makes its way into equities," Cliff Hodge, chief investment officer for Cornerstone Wealth, said in an email on Wednesday. "The last time around, flows went into more speculative areas of the market, including SPAC’s, Reddit stocks, and high-growth momentum, so it wouldn’t surprise us to see something similar."
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Fourth-quarter revenue of $165.6 million topped expectations for $163.3 million, according to Bloomberg data, and paying users rose to 2.7 million. That grew from 2.0 million paid users in the same period last year. And for the full year 2020, revenue rose to $582.2 million, up from $488.9 million in 2019.
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However, outside of regular state benefits, the number of Americans claiming unemployment benefits across all programs has still remained sharply elevated, however: Some 20 million Americans were still claiming benefits across all programs as of Feb. 20, the latest date for which data is available. That marked an increase over the prior week. 
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