Palantir Technologies Inc. (PLTR)
Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
CNBC's Andrew Ross Sorkin reports on the latest news.
Prediction: This Stock Will Be Worth More Than Palantir by the End of 2025
Palantir (PLTR -10.08%) has been one of the hottest stocks on Wall Street, rising nearly 600% since the start of 2024. That's an incredible return in just over a year, and it has made Palantir one of the highest-valued software stocks on the market.
Palantir Falls Again After Slump. The 2 Things Spooking Investors.
Investors have suddenly gone cold on the red-hot artificial-intelligence play.
Palantir: Rise And Shine, This Is A Decade Long Investment
Palantir Technologies is a Strong Buy due to its robust SaaS business model, AI platform, and significant government contracts, driving long-term recurring revenues. The company's AI platform, AIP, launched in 2023, enhances decision-making and efficiency across various sectors, including defense, healthcare, and aerospace. PLTR's financial performance in 2024 showed substantial growth, with a 36% YoY revenue increase and a 44% rise in adjusted free cash flow.
Palantir hit for $28bn as gravity (and defence cuts) hit the tech giant
So, what's happening at Palantir Technologies Inc (NYSE:PLTR), the data giant that saw $28 billion wiped from its value in after-hours trading? The simple answer is gravity.
Palantir is ‘egregiously expensive': Paul Meeks
Paul Meeks, CIO of Harvest Portfolio Management, says that Palantir's fundamentals are "strong" but adds that the stock's valuation is "egregious".
Palantir Just Reached a Key Milestone. Is the Stock a Buy?
Palantir Technologies (PLTR -10.08%) has been one of the biggest stock market winners in recent times. The software company soared more than 340% last year for the best performance in the S&P 500 -- a benchmark that it had just recently joined.
This Artificial Intelligence (AI) Stock Is Up 155% Over the Past Year, and Here's Why It Could Keep Soaring (Hint: It's Not Palantir or Nvidia)
The stock market has been on a tear over the last couple of years. The S&P 500 delivered back-to-back annual gains of over 25% during 2023 and 2024, something it has only done on one other occasion since it was established (during the dot-com internet boom in 1997 and 1998).
Why Palantir Stock Plummeted Today
Shares of Palantir Technologies (PLTR -10.08%) fell on Wednesday. The company's stock lost 10.1% as of market close and lost as much as 12.9% earlier in the day.
Palantir Plummeted Today -- Is It Time to Buy the Artificial Intelligence (AI) Leader's Stock
Palantir (PLTR -10.08%) stock saw big sell-offs in Wednesday's trading. The software specialist's share price ended the daily session down 10.1% and had been off as much as 12.9% earlier in trading.
Palantir Stock Suddenly Falls 10% After Report Of Incoming Pentagon Budget Cuts
Software company Palantir Technologies' stock swiftly fell Wednesday afternoon after The Washington Post reported the Pentagon is preparing for defense budget cuts that must be drafted by Feb. 24, prompting concerns the cuts could impact the major defense contractor.
PLTR Plummets on Pentagon Cuts, TOST & CVNA Earnings
Caroline Woods and Kevin Green react to the dramatic swings in Palantir (PLTR) and Supermicro (SMCI) following news that the Trump administration will be enacting budget cuts at the Pentagon. Legacy defense stocks as well as PLTR fell in reaction to the news.
