Palantir Technologies (NASDAQ:PLTR) shares advanced on Wednesday as enthusiasm around its artificial intelligence platforms and steady flow of government contracts continued to drive momentum. The software maker, best known for its Gotham and Foundry platforms, specializes in helping organizations integrate and analyze vast datasets across defense, intelligence, and commercial sectors such as finance, healthcare, and…
Defense contractor Palantir Technologies’ (NASDAQ:PLTR) stock trended on Wednesday as it traded close to its 52-week high of $190. President Donald Trump’s $175 billion Golden Dome missile defense plan could create new contract opportunities for companies like Palantir by opening bids under the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) initiative. Palantir’s software could support…
Blue Origin, whose rockets include New Shepard, seen in March 2022, has been attempting to land large government contracts (Patrick T. FALLON) Jeff Bezos’s rocket company Blue Origin is laying off around 10 percent of its workforce following a period of rapid expansion, the firm’s chief executive told staff on Thursday. “We grew and hired…