Stock of the day: Palantir slumps on US defense budget cuts and CEO share sale
Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.
Palantir stock drops 10% after report Trump administration is eyeing large defense budget cuts
Palantir stock fell more than 10% again Thursday following a report the Trump administration is planning deep cuts to the defense budget.
Palantir Stock Hit by Worries Over Defense Cuts. Hold Your Fire.
Uncertainty over cuts to military spending have hammered key contractors in recent weeks. The worst-feared scenario doesn’t seem to be happening, though.
Palantir stock tanks 13% on Trump defense cuts and CEO's sell-off plans
Shares of Palantir (PLTR) dropped nearly 13% on Thursday morning amidst news that its CEO is planning a new share sales initiative and a media report indicating that the Trump administration has instructed the Pentagon to reduce the U.
Palantir stock extends losses on expected defense budget cuts
Palantir Technologies (PLTR) shares extend losses in Thursday's pre-market after the Trump administration ordered Defense Secretary Pete Hegseth to enact an 8% cut in military spending every year for the next five years.
Palantir leads enterprise stocks lower amid potential DOD budget cuts
Palantir Technologies (NASDAQ:PLTR) led enterprise software stocks lower on Thursday after reports of potential budget cuts by the Department of Defense. Shares of Palantir, which develops software platforms for the intelligence community,
Palantir Falls On CEO Share Sale Plan, Possible DOD Budget Cut
Palantir stock dropped Wednesday on news that its CEO has a new share sale plan and that the Pentagon may cut its budget.
Investors scout for 'hidden' defence plays as rally broadens
Investors are looking beyond the traditional defence stocks that have emerged as star performers in the European market for ...
Why These 15 Defense Stocks Are Skyrocketing So Far In 2025
A Republican administration usually points to a good time for defense stocks and the military-industrial complex as a whole.
Palantir Stock: Why One Analyst Says to Buy the Dip
Palantir stock is continuing to slide Thursday as investors weigh a CEO stock sale and potential defense budget cuts. Here’s ...
Why Palantir Technologies Stock Crashed (Again) on Thursday
After defying gravity for the past couple of years, Palantir Technologies ( PLTR -5.17%) has finally hit turbulence, with the ...
Stock futures are little changed after Thursday's sell-off on Wall Street: Live updates
U.S. stock futures were little changed on Thursday night after the major averages slid following a lackluster earnings ...
Buy the Dip in Palantir (PLTR) Stock, Says Loop Capital
Investment bank Loop Capital sees the plunge in Palantir Technologies (PLTR) stock as a buying opportunity. Discover the Best ...
Palantir Is Sinking Today -- Is the Artificial Intelligence (AI) Stock a Smart Buy Right Now?
Palantir's valuation is retreating today after Walmart issued sales guidance for this year that spooked Wall Street. On the ...
Palantir stock continues slide on Thursday: why these analysts remain bullish
Palantir shares continued to decline on Thursday, extending a sharp sell-off. The stock fell nearly 9%, following Wednesday’s ...
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Defence stock Apollo Micro Systems jumps 9% after this order book update. Do you own?
Defence stock Apollo Micro Systems share price opened at ₹105.30 apiece on the BSE, the stock touched an intraday high of ₹116.20, and an intraday low of ₹105.05 per share.(Pixabay ...