The Latest Breaking News from Palantir Technologies Inc

What's Going On With Palantir Technologies Stock Today?

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Wednesday as the overall market rises following the Federal Reserve's rate hike announcement.

Benzinga · Jun 15, 2022

Why Palantir Stock Is Falling Today

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga · Jun 13, 2022

Palantir Plans To Bid For £360M UK NHS Contract: FT

Palantir Technologies Inc (NYSE:PLTR) is planning to expand its role in the U.K.’s National Health Service (NHS), Financial Times reported. The firm has supported NHS with its analytics software in the administration of ventilators and PPE tools. Now, the company is planning to bid on a £360 million contract for the proposed Federated…

Benzinga · Jun 9, 2022

5 Meme Stocks That Have Plummeted 50% or More YTD

Meme stocks gained attention last year, with the shares of numerous fundamentally poor companies soaring to unsustainable price levels owing solely to retail traders' interest in them. However, the gains by these stocks could not be sustained for long, with the prices of many plummeting back to earth this year.…

StockNews.com · May 19, 2022

Why Palantir Technologies Shares Are Falling Today

Shares of several companies in the broader tech sector, including Palantir Technologies Inc (NYSE: PLTR), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week.

Benzinga · May 18, 2022

What's Going On With Palantir Technologies Shares Today?

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 2.3% at $7.29. The company Monday said it expects second-quarter revenue below analyst estimates. The company Tuesday received a number of analyst rating updates.

Benzinga · May 10, 2022

Palantir Misses Earnings In Consecutive Quarters, Lags on Q2 Outlook

Palantir Technologies Inc (NYSE:PLTR) reported first-quarter FY22 revenue growth of 31% year-on-year to $446 million, beating the consensus of $443.4 million. Revenue Drivers: Commercial revenue grew 54% Y/Y. U.S. commercial revenue rose 136% Y/Y. Palantir customer count grew 86% Y/Y. Government revenue grew 16% Y/Y. Margins: The adjusted operating margin contracted 800 bps to 26%…

Benzinga · May 9, 2022

Why Palantir Technologies Shares Are Diving

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 13.61% at $8.19 after the company said it expects second-quarter revenue below analyst estimates.

Benzinga · May 9, 2022

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…

Benzinga · May 6, 2022

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.

Benzinga · May 5, 2022