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The Latest Breaking News from Palantir Technologies Inc

Palantir Wins $13M Contract From Longtime Partner UK Defense Ministry

Palantir Technologies Inc (NYSE:PLTR) bagged a £10 million ($12.5 million) 12-month contract with the U.K. Ministry of Defense, Bloomberg reports. Palantir will support U.K. Defense Ministry's Foundry platform, which lets users cut costs by automating work and reducing data-processing time. Co-founded by billionaire Peter Thiel and Alex Karp, the data analytics company…

Why Palantir Technologies Shares Are Falling

Why Palantir Technologies Shares Are Falling

Shares of several companies in the broader tech sector, including Palantir Technologies Inc (NYSE: PLTR), are trading lower amid overall weakness as traders continue to digest Wednesday's Fed rate hike announcement. An increase in yields has pressured tech and growth stocks.

Why Palantir Technologies Shares Are Falling

Why Palantir Technologies Shares Are Falling

Shares of technology and software companies, including Palantir Technologies Inc (NYSE: PLTR), are trading lower amid overall market weakness. Concerns over future Fed rate hikes have weighed on growth sectors while economic slowdown concerns have pressured market sentiment.

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Former UK NHS AI Head Joins Palantir; Could Trigger Clash Of Interests

Palantir Technologies Inc (NYSE:PLTR) engaged the former head of artificial intelligence at the digital wing of Britain’s National Health Service as it looks to sign a lucrative new contract with the U.K. government, Bloomberg reports. Indra Joshi quit as director of AI for NHSX in March, saying it was “time to take…

Here's Why Fastly And Palantir Technologies Shares Are Rising

Shares of several companies in the broader technology sector, including Fastly Inc (NYSE: FSLY) and Palantir Technologies Inc (NYSE: PLTR), are trading higher amid overall market strength as investors weigh ceasefire negoti

Here's Why C3.Ai And Palantir Technologies Shares Are Falling

Shares of companies in the broader technology sector, including C3.Ai Inc (NYSE: AI) and Palantir Technologies Inc (NYSE: PLTR), are trading lower amid a rise in US Treasury yields.

Cathie Wood's Ark Is Now Completely Out Of Palantir — Selling Over 30 Million Shares In 1 Month

Cathie Wood-led Ark Investment Management has shed all its holdings in Peter Thiel-backed Palantir Technologies Inc (NYSE: PLTR), marking one of the investment firm's swiftest exists from a stock it was bullish on just over

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Why Palantir Shares Are Ripping Higher

Why Palantir Shares Are Ripping Higher

Palantir Technologies Inc (NYSE: PLTR) is surging Wednesday after Piper Sandler analyst Weston Twigg initiated coverage on the stock with an Overweight rating and a $15 price target.

What's Behind The Strength In Palantir Shares Today?

What's Behind The Strength In Palantir Shares Today?

Palantir Technologies Inc (NYSE: PLTR) is trading higher Monday after Morgan Stanley analyst Keith Weiss upgraded the stock from an Underweight rating to an Equal-Weight rating and lowered the price target from $24 to $16.

Here's Why Morgan Stanley Upgraded Palantir Technologies

Here's Why Morgan Stanley Upgraded Palantir Technologies

Morgan Stanley analyst Keith Weiss upgraded Palantir Technologies Inc (NYSE:PLTR) to Equal Weight from Underweight with a price target of $16, down from $24. The price target implies an upside 0f 46.1%. The analyst cites its "well-positioned" government business, potential for its commercial unit to accelerate sales investments, and "strong" unit economics for the…

Jacobs, Palantir Join Forces For Data Solutions, With Near-Term Focus On Water Sector

Jacobs, Palantir Join Forces For Data Solutions, With Near-Term Focus On Water Sector

Jacobs Engineering Group Inc (NYSE:J) and Palantir Technologies Inc (NYSE:PLTR) have established a strategic collaboration that targets data and technology solutions for the infrastructure and national security markets. The financial terms were not disclosed. The collaboration focuses on the water sector in the near term and involves launching a joint data analytics offering to support…

Palantir Tech To Improve NHS Backlog

Palantir Tech To Improve NHS Backlog

Palantir Technologies Inc (NYSE:PLTR) launched software across the U.K.’s NHS to help reduce the backlog of 6 million patients waiting for elective care, Financial Times reports. Palantir looks to spread its data processing technology across 30 hospital trusts in March to help cut the pandemic-induced NHS waiting lists. The NHS paid £23.5…

Cathie Wood Further Trims Down Palantir Stake As It Nears Exit From The Stock

Cathie Wood Further Trims Down Palantir Stake As It Nears Exit From The Stock

Cathie Wood led Ark Investment Management on Tuesday shed nearly all of its exposure in the Peter Thiel-backed Palantir Technologies Inc (NYSE: PLTR).

Cathie Wood Sells Another $2.4M In Palantir And $7.8M In This Social Media Company On Wednesday

Cathie Wood Sells Another $2.4M In Palantir And $7.8M In This Social Media Company On Wednesday

Cathie Wood’s Ark Investment Management sold 228,594 shares of Palantir Technologies Inc (NYSE: PLTR), worth nearly $2.4 million, on Wednesday.

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Cathie Wood Dumps Another $123M In Palantir Shares, Loads Up $20M In Tesla On The Dip

Cathie Wood’s Ark Investment Management sold 11,761,901 shares of Palantir Technologies Inc (NYSE: PLTR) worth nearly $123.3 million — based on the stock’s Tuesday closing.

Cathie Wood Dumps $56M In Palantir Shares After Dismal Earnings

Cathie Wood-led Ark Investment Management on Thursday significantly lowered its exposure to Palantir Technologies Inc (NYSE: PLTR) on the day shares of the Peter Thiel-backed company plummeted after it reported worse-than-expected quarte

Why Palantir Technologies Shares Are Falling

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 10.5% at $12.50 during Thursday's pre-market session after the company reported worse-than-expected fourth-quarter EPS results.

Palantir Technologies Clocks Strong Q4 Revenue Growth, 64 Deals More Than $1M

Palantir Technologies Inc (NYSE:PLTR) reported fourth-quarter FY21 revenue growth of 34% year-on-year to $432.9 million, beating the consensus of $417.7 million. Revenue Drivers: U.S. commercial revenue grew 132% Y/Y. Palantir added 34 net new customers. Palantir closed 64 deals of $1 million or more, of which 27 contracts were worth $5 million or more…

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What's Going On With Palantir Stock?

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Tuesday as they look to be attempting to start an uptrend again. The stock is pushing up alongside many other popular stocks in Reddit’s WallStreetBets forum. The stock was also trending on social media earlier today.

Why Palantir Shares Are Rising Today

Palantir Technologies Inc (NYSE: PLTR) is trading higher Tuesday morning after Satellogic Inc (NASDAQ: SATL) announced a strategic partnership with the company.

Is Palantir's Stock Too Cheap? Guy Adami Thinks So

Palantir Technologies Inc (NYSE: PLTR) is down more than 60% over the past year and nearly 25% this month alone. That's a pretty downbeat start to 2022 for the data analytics company, but Private Advisor Group's Guy Adami thinks patient investors will be rewarded.

Palantir Shares Crash Monday: What's Next?

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower Monday as the market continues to dip. The market as a whole has been dropping the past couple of weeks as technology stocks see a bear market. Palantir was down 11.35% at $12 at publication Monday.

Why Palantir Technologies, AMD And Nvidia Shares Are Falling Today

Shares of several companies in the broader tech sector, including Palantir Technologies Inc (NYSE: PLTR), Advanced Micro Devices, Inc. (NASDAQ:

Why Snap, Palantir Technologies, Meta Platforms And Uber Shares Are Falling Today

Shares of companies in the broader tech and software sector, including Snap Inc (NYSE: SNAP), Palantir Technologies Inc (NYSE: PLTR), Meta Platforms Inc (NASDAQ:

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