The Latest Breaking News from Palantir

More agile global governance of the pandemic response must be established while Covid-19 is still prominent, says Michael Bartos

Due to rising inflation, the Fed’s tightening monetary policy, slowing economic growth, and geopolitical strife in Europe, technology stocks are expected to remain under pressure. Thus, we think overvalued SaaS stocks Palantir (PLTR), UiPath (PATH), and Smartsheet (SMAR) are best avoided now, given their weak fundamentals and growth prospects.

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…

CrowdStrike Holdings, Inc (NASDAQ: CRWD) and Palantir Technologies, Inc (NYSE: PLTR) shot up on Feb.

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

High-growth stocks continue to face selling pressure amid geopolitical tensions and Fed uncertainty. Many maintain views that these stocks will continue to slide, but others, like former hedge fund manager Puru Saxena, see incredible opportunity. 

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Despite robust revenue growth across its core segments, data mining company Palantir (PLTR) suffered a significant sell-off over the past few days. So, let's evaluate if it's wise to buy the dip in stock given its premium valuation and negative profit margins? Read on.