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The Latest Breaking News from Palantir Technologies Inc

Is This Software Stock a Buy on Its Downtrend?

Software company Palantir Technologies (PLTR) has declined almost 50% over the past year. However, the stock has registered gains over the past month on the back of its recent developments. But will it be able to sustain its gains? Let’s find out….

StockNews.com

What's Going On With Palantir Stock?

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Tuesday amid a drop in yields.

Benzinga

Is Palantir Technologies a Buy Around $10?

Shares of software company Palantir Technologies (PLTR) have been plummeting in price lately due to its disappointing first-quarter results and extended market correction. As the markets are expected to remain volatile amid persistently high inflation and potential interest rate hikes, is PLTR a good buy now? Read more to find…

StockNews.com

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Geopolitical Tensions Are Risky For Some AI Companies, But Not Palantir Technologies, BofA Says

Palantir Technologies Inc (NYSE: PLTR) is poised to benefit from the rapid growth of in-demand artificial intelligence (AI) platforms in commercial and government end markets.

Benzinga

Why Palantir Technologies Stock Is Rising

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Tuesday following bullish analyst coverage from BofA Securities.

Benzinga

What's Going On With Palantir Stock Today?

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower Thursday amid overall market weakness as stocks fall following Wednesday's Fed rate hike announcement.

Benzinga

What's Going On With Palantir Technologies Stock Today?

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Wednesday as the overall market rises following the Federal Reserve's rate hike announcement.

Benzinga

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Why Palantir Stock Is Falling Today

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga

Palantir Plans To Bid For £360M UK NHS Contract: FT

Palantir Technologies Inc (NYSE:PLTR) is planning to expand its role in the U.K.’s National Health Service (NHS), Financial Times reported. The firm has supported NHS with its analytics software in the administration of ventilators and PPE tools. Now, the company is planning to bid on a £360 million contract for the proposed Federated…

Benzinga

Why Palantir Stock Is Surging Today

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Thursday after the company announced an expanded partnership with U.S. Space Systems Command.

Benzinga

'Holy Sh*t!': Palantir CEO Says Risk Of Nuclear War Is 20%-30%

This article was originally published on May 24, 2022 and has been edited with updated material.

Benzinga

Palantir-Trafigura Track Carbon Emissions For Oil and Gas Sector

Palantir Technologies Inc (NYSE:PLTR) and global commodities trader Trafigura will be tracking carbon emissions for the oil and gas sector, Reuters reports. They built a platform for oil majors and other commodities firms to vet the environmental impact of their supply chains, applying Trafigura's data to Palantir's operating system, known as Foundry. Also Read: Palantir…

Benzinga

Palantir, Trafigura aim to track carbon emissions for the oil, metals industry

Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil, gas, refined metals and concentrates sector.

Reuters

5 Meme Stocks That Have Plummeted 50% or More YTD

Meme stocks gained attention last year, with the shares of numerous fundamentally poor companies soaring to unsustainable price levels owing solely to retail traders' interest in them. However, the gains by these stocks could not be sustained for long, with the prices of many plummeting back to earth this year.…

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Benzinga

Why Palantir Technologies Shares Are Falling Today

Shares of several companies in the broader tech sector, including Palantir Technologies Inc (NYSE: PLTR), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week.

Benzinga

What's Going On With Palantir Technologies Shares Today?

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 2.3% at $7.29. The company Monday said it expects second-quarter revenue below analyst estimates. The company Tuesday received a number of analyst rating updates.

Benzinga

Palantir Misses Earnings In Consecutive Quarters, Lags on Q2 Outlook

Palantir Technologies Inc (NYSE:PLTR) reported first-quarter FY22 revenue growth of 31% year-on-year to $446 million, beating the consensus of $443.4 million. Revenue Drivers: Commercial revenue grew 54% Y/Y. U.S. commercial revenue rose 136% Y/Y. Palantir customer count grew 86% Y/Y. Government revenue grew 16% Y/Y. Margins: The adjusted operating margin contracted 800 bps to 26%…

Benzinga

Why Palantir Technologies Shares Are Diving

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 13.61% at $8.19 after the company said it expects second-quarter revenue below analyst estimates.

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Benzinga

Palantir Wins $13M Contract From Longtime Partner UK Defense Ministry

Palantir Technologies Inc (NYSE:PLTR) bagged a £10 million ($12.5 million) 12-month contract with the U.K. Ministry of Defense, Bloomberg reports. Palantir will support U.K. Defense Ministry's Foundry platform, which lets users cut costs by automating work and reducing data-processing time. Co-founded by billionaire Peter Thiel and Alex Karp, the data analytics company…

Benzinga

Why Palantir Technologies Shares Are Falling

Shares of several companies in the broader tech sector, including Palantir Technologies Inc (NYSE: PLTR), are trading lower amid overall weakness as traders continue to digest Wednesday's Fed rate hike announcement. An increase in yields has pressured tech and growth stocks.

Benzinga

Why Palantir Technologies Shares Are Falling

Shares of technology and software companies, including Palantir Technologies Inc (NYSE: PLTR), are trading lower amid overall market weakness. Concerns over future Fed rate hikes have weighed on growth sectors while economic slowdown concerns have pressured market sentiment.

Benzinga

Former UK NHS AI Head Joins Palantir; Could Trigger Clash Of Interests

Palantir Technologies Inc (NYSE:PLTR) engaged the former head of artificial intelligence at the digital wing of Britain’s National Health Service as it looks to sign a lucrative new contract with the U.K. government, Bloomberg reports. Indra Joshi quit as director of AI for NHSX in March, saying it was “time to take…

Benzinga

Here's Why Fastly And Palantir Technologies Shares Are Rising

Shares of several companies in the broader technology sector, including Fastly Inc (NYSE: FSLY) and Palantir Technologies Inc (NYSE: PLTR), are trading higher amid overall market strength as investors weigh ceasefire negoti

Benzinga

Here's Why C3.Ai And Palantir Technologies Shares Are Falling

Shares of companies in the broader technology sector, including C3.Ai Inc (NYSE: AI) and Palantir Technologies Inc (NYSE: PLTR), are trading lower amid a rise in US Treasury yields.

Benzinga

Cathie Wood's Ark Is Now Completely Out Of Palantir — Selling Over 30 Million Shares In 1 Month

Cathie Wood-led Ark Investment Management has shed all its holdings in Peter Thiel-backed Palantir Technologies Inc (NYSE: PLTR), marking one of the investment firm's swiftest exists from a stock it was bullish on just over

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