Palantir Chair Peter Thiel's Pro-Doping Enhanced Games Aims To Raise $300M: Report
Portfolio Pulse from Nabaparna Bhattacharya
The Enhanced Games, an Olympics-style event permitting doping and supported by Peter Thiel, aims to raise $300 million in funding. Thiel co-founded Palantir Technologies Inc. (NYSE:PLTR) and PayPal Holdings, Inc. (NASDAQ:PYPL). The event has faced criticism from the International Olympic Committee and anti-doping authorities.
July 06, 2024 | 5:30 pm
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Former Coinbase Global, Inc. (NASDAQ:COIN) executive Balaji Srinivasan supports the Enhanced Games, which aims to raise $300 million. The event has faced criticism from the International Olympic Committee and anti-doping authorities.
Balaji Srinivasan's support for the Enhanced Games is unlikely to have a significant short-term impact on Coinbase's stock price.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 30
NEUTRAL IMPACT
Palantir Technologies Inc. (NYSE:PLTR) co-founder Peter Thiel is supporting the Enhanced Games, which aims to raise $300 million. The event has faced criticism from the International Olympic Committee and anti-doping authorities.
While Peter Thiel's involvement in the Enhanced Games may draw some attention to Palantir, the direct impact on the company's stock price is likely neutral in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
PayPal Holdings, Inc. (NASDAQ:PYPL) co-founder Peter Thiel is supporting the Enhanced Games, which aims to raise $300 million. The event has faced criticism from the International Olympic Committee and anti-doping authorities.
Peter Thiel's involvement in the Enhanced Games is unlikely to have a significant short-term impact on PayPal's stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50