The Latest Breaking News from Palantir

Palantir soared to a new record-high analyst price target of $230 after its Q3 report showed 63% revenue growth and blockbuster U.S. commercial sales, but the stock trades well above its consensus target and over 450x forward earnings, so expectations are sky-high and volatility is elevated.

Tech stocks took a nosedive Tuesday as a result of the investor’s bets

On paper, big data analytics giant Palantir Technologies Inc (NASDAQ:PLTR) still represents one of the strongest statistical performances among major publicly traded enterprises. Since the start of the year, PLTR stock has moved up over 152%. Nevertheless, the security saw a sudden drop recently. Furthermore, Tuesday's after-hours session implies further…

Drop in US, Asia and Europe follows warning from bank bosses that market correction could lie ahead

Wall Street expects tech stocks to take a hammering this morning—again.

Wedbush analyst Dan Ives has slammed “Big Short” investor Michael Burry, calling his massive bearish bet against Palantir Technologies Inc. (NASDAQ:PLTR) “dead wrong.”

Michael Burry's Scion Asset Management bets against Nvidia and Palantir, raising concerns of an AI market bubble despite their strong performance.

Palantir expects $4.4 billion in 2025 sales, boosting its position as a leader in defence AI with major contracts and partnerships.

The tech giant’s shares fell Tuesday on valuation concerns, but CEO Alex Karp insists investors are “fighting for the right side of what should work in this country.”