Palantir Leads Stock Decline As Shares Plummet

Palantir Leads Stock Decline As Shares Plummet

Topline Shares of Palantir fell more than 8% after market open on Tuesday, leading a broader market decline after the software firm reported better-than-expected earnings, as some economists warned of “rally exhaustion” after a meteoric rise for several stocks this year. One analyst suggested stocks may be suffering from “rally exhaustion.” AFP via Getty Images…

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Palantir Nears Record High As Trump's $175 Billion Missile Defense Plan Opens Door To Massive SHIELD Contracts

Palantir Nears Record High As Trump’s $175 Billion Missile Defense Plan Opens Door To Massive SHIELD Contracts

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…

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