Here's Why Planet Labs PBC (PL) is Poised for a Turnaround After Losing -18.1% in 4 Weeks
Posted on Tuesday April 16, 2024

Planet Labs PBC (PL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Planet Announces Planet Insights Platform with Powerful Tooling for Unlocking Earth Observation Data
Posted on Tuesday April 09, 2024

SAN FRANCISCO, April 09, 2024--Planet Labs PBC (NYSE: PL) today announced Planet Insights Platform, the all-in-one place for creating Earth insights. Planet Insights Platform is a milestone in the journey to unify Planet’s product portfolio and the power of Sentinel Hub, which Planet acquired last year. Combining Planet’s analysis-ready Earth data products with cloud-based analytics and tools will allow users to efficiently analyze, stream, and distribute data at scale, so they can make decision

From Miles Above, Satellite Data Helps Spot Hazardous Trees and Reduce Wildfire Risk
Posted on Monday April 08, 2024

Preventing ignitions that can cause catastrophic wildfires requires focus, vigilance and the integration of ever-evolving technology. And as Pacific Gas and Electric Company (PG&E) continues to make progress – including what the Company has calculated to be a 72% reduction of ignitions in high fire-risk areas in 2023 compared to the three-year average – satellite technology plays an increasing role.

Satellites plus AI: How Planet Labs tracks change on Earth
Posted on Monday April 08, 2024

From potential deforestation efforts to preventing tree branches from taking out power lines, there's a lot Planet Labs' satellites can spy from space. But it's too many images for one person to track. That's where AI comes in.  Planet Labs CEO Will Marshall (PL) tells Yahoo Finance how his company uses images to train its AI algorithms. "We've got this corpus of imagery... to train our algorithms so that you can do things like find any object around the Earth and backwards through time," Marshall explains. Marshall uses the company's project in Brazil, where Planet Labs' images and algorithms are used to detect new roads being built in the rainforest, a sign that there could be deforestation efforts to come.  Watch the video above to hear Marshall explain how companies will use Planet Labs' technology to track their carbon footprint.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.