Palantir's 29% close pulled the entire AI complex with it, from Arm to the optical names supplying the data centers. Everything outside that trade got sold, with Bruker down 20% and Novo Nordisk sliding again.
Palantir :
PLTR
PLTR
Stock Data
$172.01
$16.09 (10.32%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SOFTWARE - INFRASTRUCTURE
Palantir Technologies Inc. specializes in creating powerful software platforms designed to help intelligence and government agencies around the world with counterterrorism efforts and operations. Its flagship products include Palantir Gotham, which uncovers hidden patterns in vast datasets, and Palantir Foundry, a comprehensive data integration and analysis platform. Additionally, Palantir Apollo and the Palantir Artificial Intelligence Platform enhance software deployment and leverage AI for data analysis, respectively. Founded in 2003 and based in Denver, Colorado, Palantir is at the forefront of data-driven decision-making and operational planning.
Latest Activity
Demand for AI sovereignty has now been unleashed. And Palantir is the only company that has demonstrated it can transform tokens into actual economic value. Our customers trust us to provide them with maximal control over their operations, data, and decisions. Their competitive advantage should never become the training data for future models. This quarter was otherworldly: our U.S. commercial revenue grew 149% year-over-year, our overall revenue grew 93% year-over-year, and our Rule of 40…
Karp is staking Palantir's entire growth story on governments and enterprises refusing to let their data train someone else's models, and Q2 backs him up: U.S. commercial revenue nearly two and a half times higher than a year ago. The question is how long that pace holds.
Palantir reports after the bell with investors watching whether AI Platform adoption can drive another quarter of GAAP profitability and beat the consensus $0.08 EPS target.
Palantir shares are surging nearly 10% intraday, catching a bid as enterprise software and AI-focused investors rotate back into high-growth tech.
Meta and Palantir surge past 8% as AI optimism sweeps tech, while FuboTV jumps 13% on sports streaming momentum. SanDisk tanks 10.5% in the late selloff.
Palantir tumbles to a fresh 52-week low of $119.50, down 6.6% from last week's floor as tech capitulation widens.
Palantir just hit a fresh 52-week low, marking a 0.05% decline from its prior extreme set in April. The AI and defense darling is testing investor conviction after months of volatile trading.
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