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Browsing: Palantir
The 2026 midterm elections ended in a major political shake-up, with Democrats winning control of both the House of Representatives and the Senate. While the results do not necessarily change the long-term outlook for artificial intelligence (AI), they could introduce new risks for some of the market’s most popular AI stocks.
Palantir and Okta each plunged 10% as the midterm-fueled AI selloff hit software, hammering names that ran hardest this year.
Wall Street is dumping software’s AI winners and mostly leaving the losers alone. Palantir (PLTR) and CrowdStrike (CRWD) are both down more than 10% at their lows Thursday, while Salesforce (CRM) and Adobe (ADBE) are barely moving.
Apple, Palantir, Shopify, and several other major companies just reported earnings, and Wall Street is sending a clear message: Beating expectations isn’t enough when profit margins are under pressure.In this video, Eric Bleeker, CFA, Chief Investment Officer of 24/7 Wall St., breaks down the biggest earnings movers and what their results reveal about the stock…
Palantir’s (PLTR) stock is being heavily defended post-earnings on Tuesday, as shares sell off 6% pre-market amid a broader meltdown in the AI trade.
Artificial intelligence (AI) has already created some spectacular winners on Wall Street. Palantir Technologies has surged roughly 1,100% over the last three years, while Snowflake has delivered a 119% return during the same period.
Burke Wealth Management, an investment management company, released its “Focused Growth Strategy” Q3 2026 investor letter. A copy of the letter can be downloaded here. The fund delivered strong results in the third quarter of 2026, benefiting from a sharp recovery in enterprise software and solid corporate earnings amid continued market volatility. The composite returned…
Palantir (NASDAQ: PLTR) investors have had a fairly rocky 2026. For most of the year, the stock was losing money. However, starting in August, Palantir reversed the decline and has now gained about 12% for the year. That is roughly in line with the gain for the S&P 500(SNPINDEX: ^GSPC).
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Add preferred source POSCO Future M has signed a contract to adopt Palantir’s data operations platform Foundry and its generative AI platform AIP, launching an AI transformation across its battery materials business. The South Korean company will first apply the platforms to sales and marketing, then expand to manufacturing and company-wide operations. It has set…