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Palantir Stock Tanks 13% on Trump Defense Cuts and CEO's Sell-off Plans

Palantir's stock has plummeted nearly 13% amid news of its CEO planning a new share sales initiative and a report indicating the Trump administration is reducing the U.S. defense budget. The company, known for developing AI software for big data analytics in defense agencies, is grappling with concerns over reduced government spending. As Palantir's stock remains strong despite these challenges, investors are left wondering how the company will navigate this new landscape.

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Palantir's Stock Is Getting Obliterated Today Δ1.90

Shares of data-mining and analytics company Palantir are experiencing significant declines due to ongoing concerns over the trade war, with investors shifting their sentiment from optimism to pessimism. The market is in 'risk-off' mode, resulting in outsized declines across various sectors, including technology. The stock's volatility has led to a 9.3% drop in the afternoon session.

Why Palantir Stock Plummeted This Week Δ1.88

Palantir's valuation sank early in the week's trading as investors continued to digest potential macroeconomic risk factors from tariffs and other catalysts. The company's share price then saw another big sell-off on the day of trading following Nvidia's fourth-quarter report. Palantir's stock started this week's trading off with a day of sell-offs as investors reacted to news that the Trump administration plans to go forward with plans to enact new tariffs on Mexico and Canada.

Palantir's Government Contracts Boost Amid Pentagon Cuts Δ1.88

Palantir has announced a significant contract win with the U.S. government, marking a major victory for the company in a period of reduced defense spending. The recent selloff in Palantir stock was misguided due to the company's "unique software value proposition," according to analysts, who predict that initiatives by Elon Musk's Department of Government Efficiency will actually boost demand for Palantir's services. With many existing contracts at high priority and not at risk of getting cut, Palantir stands to gain from the Trump administration's focus on AI.

Palantir (PLTR) Shares Skyrocket, What You Need To Know Δ1.88

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 5.6% in the morning session after Wedbush analysts reaffirmed their Buy rating, suggesting they are unshaken in their resolve, despite the company surrendering most of its post-earnings (Q4 2024) stock gains amid worries about government budget cuts. The analysts highlighted Palantir's ability to win a bigger share of the remaining pie, citing its AI capabilities and involvement in key military projects. However, this move may be short-lived as concerns surrounding the company's financials and CEO Alex Karp's new stock plan continue to cast a shadow over the stock.

AI Stock to Buy Hand Over Fist Before It Surges by 60%, According to 1 Wall Street Analyst Δ1.84

Palantir Technologies has received a new, record-high price target from Loop Capital Markets, with analyst Rob Sanderson predicting the stock will surge by 60% in the next 12 months. Despite concerns over valuation, Sanderson believes Palantir's long-term narrative and potential for growth justify the investment. The company's unique data analytics capabilities and growing adoption in the enterprise market position it for significant future success.

Why Palantir (PLTR) Shares Are Climbing Today Δ1.84

Palantir shares are surging after a surprise upgrade to "Market Perform" by William Blair analysts, following a 33% selloff that left investors reeling. The company's revenue growth and guidance for 2025 at 31% and operating margins projected at 45% have bolstered its prospects, despite lingering concerns about government contract delays. As Palantir seeks to capitalize on the U.S. government's demand for a centralized payment tracking system, analysts now predict stronger returns than previously anticipated.

Palantir Gains Premarket as Wedbush Sees Government Contract Momentum Δ1.84

Palantir Technologies is gaining momentum after analysts at Wedbush Securities reiterated its Outperform rating, citing potential gains in government contracts and IT budget allocations. The company's expertise in artificial intelligence-driven technologies has aligned well with the efficiency-driven projects of the U.S. Department of Defense. Palantir's involvement in high-priority military programs less likely to be subject to budget cuts positions the business to grab a bigger portion of IT contracts.

Dan Ives Says These 2 Stocks Are in the "Sweet Spot" Of the Artificial Intelligence (AI) Movement Δ1.84

Two AI stocks are poised for a rebound according to Wedbush Securities analyst Dan Ives, who sees them as having dropped into the "sweet spot" of the artificial intelligence movement. The AI sector has experienced significant volatility in recent years, with some stocks rising sharply and others plummeting due to various factors such as government tariffs and changing regulatory landscapes. However, Ives believes that two specific companies, Palantir Technologies and another unnamed stock, are now undervalued and ripe for a buying opportunity.

Palantir Upgraded by William Blair as Valuation Concerns Ease, Government Contracts in Focus Δ1.84

William Blair upgraded Palantir from Underperform to Market Perform after a sharp stock decline but did not assign a price target. The investment company acknowledged that recent falls had enhanced Palantir's risk-reward profile but did not set a price objective. Over the last three weeks, Palantir's stock dropped from $125 a share. Notwithstanding the improvement, questions about the company's high value and dependence on government contracts which can cause delays or budget restrictions remain.

Tariffs Take a Toll on Tech Stocks Δ1.83

Nvidia's shares fell on Monday as concerns mounted over AI-related spending and the impact of new tariffs set to take effect. Shares of Palantir were up on Monday as Wedbush analyst said the company's unique software value proposition means it actually stands to benefit from initiatives by Elon Musk's Department of Government Efficiency. The chip manufacturer seems cautious about limitations on the export of AI chips.

Jim Cramer Discusses Market Selloffs and Palantir Technologies Δ1.82

Jim Cramer expressed his frustration over deliberate late-day market selloffs, suggesting they are orchestrated attempts to drive stock prices down artificially. He highlighted that such maneuvers coincide with the cessation of company buybacks, implying a tactical advantage for those wanting to lower market valuations. Cramer also touched on the underperformance of major tech stocks, indicating that market dynamics are being influenced by broader trading strategies and institutional behaviors.

Palantir (PLTR) Positioned to Benefit From Government Spending Efficiency Δ1.81

Palantir Technologies Inc. (NASDAQ:PLTR), a leading provider of software solutions for government agencies, has positioned itself to benefit from the growing trend of government spending efficiency, particularly in areas such as artificial intelligence and data analytics. The company's flagship product, Palantir Gotham, is widely used by government agencies to integrate and analyze large datasets, providing valuable insights into various sectors. With its unique blend of AI capabilities and expertise in data analysis, Palantir is well-equipped to capitalize on the increasing demand for efficient government spending.

Target Shares Tank as It Issues Rough First Quarter Profit Warning Due to Trump Tariffs Δ1.79

Target's profit warning is a stark reminder of the toll that Trump tariffs are taking on retailers, and investors are watching with bated breath to see how the company will recover from this setback. The company's decision to move away from providing quarterly guidance is a clear indication that it is struggling to navigate the complexities of tariff uncertainty. As the retail sector grapples with the impact of Trump tariffs, Target's stock is down 15% year to date and off by 27% in the past year.

Palantir (PLTR) Partners with EYSA to Revolutionize Mobility with AI Δ1.79

Palantir Technologies has entered a strategic partnership with EYSA, aiming to leverage artificial intelligence to transform mobility solutions. As investor interest shifts from semiconductor stocks to software, this collaboration highlights the growing importance of AI software in the market, particularly as companies begin to monetize their innovations. The move underscores a broader transition in the tech landscape, where the focus is increasingly on software capabilities rather than hardware, potentially leading to a surge in new AI applications.

BigBear.ai Stock Plummeted This Week Δ1.79

BigBear.ai's stock price ended the stretch down 17.1%, according to data from S&P Global Market Intelligence, as the company's valuation saw a big setback in conjunction with the market's renewed focus on macroeconomic risk factors. Nvidia's fourth-quarter report also prompted a wave of sell-offs that drove BigBear.ai and other artificial intelligence (AI) stocks lower. Following a series of hotter-concerning macroeconomic indicators last week, macroeconomic risks continued to shape this week's trading.

Nvidia's Tech Woes Spark Global Market Turmoil Δ1.78

Nvidia's stock price has plummeted by 5.7% on Thursday, contributing to a broader selloff in the technology sector, as investors become increasingly concerned about declining spending on artificial intelligence and AI-related technologies. The decline in Nvidia's stock is part of a larger trend of market volatility, with Bitcoin experiencing a significant drop in value due to President Trump's proposal for a strategic cryptocurrency reserve. The global market is also feeling the effects of the ongoing supply chain disruptions, which are impacting companies like Super Micro Computer and Dell.

AI Stocks Get Smashed in Market Shake-Up Δ1.78

Applied Digital's stock price plummeted 24.3% this week due to rising macroeconomic concerns and investor sell-outs following Nvidia's earnings report on Wednesday. Investors bristled at new tariffs on Canada and Mexico, as well as proposed export restrictions that could impact the sale of AI chips and semiconductor equipment to China. The company's reliance on Taiwanese semiconductors further fueled concerns about potential hardware cost increases.

Hewlett Packard Enterprise Shares Tumble as US Tariffs Hurt Forecast Δ1.78

Shares of Hewlett Packard Enterprise fell 13% on Friday, after the AI-server maker said its annual profit forecast would be hit by U.S. tariffs in an intensely competitive market. HPE's comments show tariffs are already affecting U.S. companies, and analysts have said trade war uncertainties could cause prices to rise, including in technology and autos sectors. The company is planning to mitigate these impacts through supply-chain measures and pricing actions.

Nvidia (NVDA) Stock Is Slipping Today Δ1.77

Nvidia's 1% pullback today follows Morningstar's assertion that the stock is "fairly valued," with two technical analysts cautioning about its shares in statements to Yahoo Finance. The research firm expects the company's revenue growth to slow to 21% during its next fiscal year, citing a potential slowdown in demand for AI chips starting in 2026. This assessment contrasts with Morningstar's fair value estimate of $130.

US Stocks Plummet Amid Trump's Tariff Threats Δ1.77

US stocks plummeted on Monday afternoon, with selling accelerating in the last hour of trading after President Trump indicated there was "no room left" for tariff negotiations with Canada and Mexico. The S&P 500 (^GSPC) fell 1.7%, posting its worst day of 2025, while the tech-heavy Nasdaq Composite (^IXIC) dropped 2.6%. Tech led the sell-off, with shares of Nvidia (NVDA) tanking more than 8%.

Best Buy Stock Plunges as the Chain Braces for Trump Tariff Impact Δ1.77

Best Buy's stock experienced a significant decline of 13% as investors reacted to the uncertainties surrounding new tariffs imposed on consumer electronics by the Trump administration. CEO Corie Barry highlighted that a substantial portion of the company's products are sourced from China and Mexico, making them particularly vulnerable to these tariffs, which could negatively impact sales growth. Despite a solid 2025 guidance excluding tariffs, the prevailing market anxiety reflects broader concerns over the potential effects of trade policies on retail performance.

Nvidia Stock Downgraded by Summit Insights Group Amid AI Market Concerns. Δ1.77

Nvidia's strong fourth-quarter earnings report failed to boost investor confidence, as the only Wall Street firm to downgrade its stock, Summit Insights Group, warned about the sustainability of its expansion path due to changing artificial intelligence market demands. The company's high-performance processors, which have driven its growth, may lose demand as AI inference calls for less processing capability than AI model development. This trend could impact Nvidia's competitive position in the rapidly evolving AI sector.

Stocks React to Tariff Threats and Economic Uncertainty Δ1.77

Nvidia's shares recovered from morning losses following President Trump's announcement of new tariffs and China's vow to retaliate, as investors sought stability in the wake of heightened trade tensions. The S&P 500 and Nasdaq-100 indices rose 0.2% and 0.3%, respectively, while the Dow Jones Industrial Average popped by 0.2%. However, some tech giants, including Super Micro Computer and Dell, fell due to concerns over the escalating tariff war's impact on their AI hardware business.

Wall Street Sells Off as Tariff Policy, Tech Concerns Mount Δ1.77

Major U.S. stock indexes declined sharply due to investor concerns about President Donald Trump's trade policy impact on companies and the broader economy, while Marvell Technology's revenue forecast sparked worries about spending on artificial intelligence infrastructure. The S&P 500 dipped below its 200-day moving average for the first time since November 1, 2023, as investors struggled to gauge the stability of the market. The sell-off was exacerbated by Trump's confusing and aggressive trade stance, which has fueled fears among investors.

Nvidia Shares Tumble as U.S.-China Trade War Threatens AI Growth Δ1.77

Nvidia shares have plunged about 5% on Monday morning, extending a post-earnings selloff that began last week, due to concerns over slowing artificial intelligence spending and the potential impact of tightening chip export policies. The decline pushed the stock to roughly $118.92, leaving it more than 20% below its all-time high reached in early January. Concerns over the administration's tightened chip export curbs have weighed on investor sentiment.