Palantir shares were down 7% in Tuesday’s midday session despite upbeat earnings as concerns about valuation gained momentum.
Palantir reported Q3 earnings and revenue that topped Wall Street targets, boosted by U.S. government and commercial growth.
Palantir Technologies (NASDAQ:PLTR) shares fell about 7% on Tuesday as investors took profits after a steep year-long rally. The pullback came as concerns over the company's lofty valuation, leaving ...
The Dow gave up 0.6% in afternoon trade. The Nasdaq composite sank further for a 1.7% decline, and the S&P 500 retreated 1.1%, with Palantir stock sliding more than 7%. Small-cap stocks on Tuesday ...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.97%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.69%, and ...
Trader Michael Burry, famous for calling the 2008 housing crisis, has announced bets against Palantir and Nvidia.