New York, Jan 19, 2026, 11:00 EST — The market has closed.
- Palantir shares dropped 3.4% by the close on Friday.
- As Tuesday’s reopen approaches, traders are sharpening their focus on tech risk amid fresh tariff headlines.
- Palantir is set to report earnings on Feb. 2, the next major date for the company.
Palantir Technologies’ shares fell 3.4% on Friday, ending the session at $170.96. U.S. markets will be closed Monday for Martin Luther King Jr. Day, so no trading will take place until Tuesday.
This matters because a closed tape can turn ordinary news into a quick spike once trading resumes. U.S. stocks, including those on the NYSE, are still shut for the holiday. (New York Stock Exchange)
Risk appetite took a hit outside the U.S., with European-listed shares of key American tech giants slipping. Markets were shaken after President Donald Trump threatened higher tariffs linked to a Greenland purchase demand, pushing Nasdaq 100 futures lower, Reuters reported. (Reuters)
Palantir is back in familiar territory: a rapidly climbing stock caught in a choppier market. Its shares surged 135% in 2025. Last week, Citi’s Tyler Radke bumped the rating to buy and raised his price target, pointing to what he calls “vicious growth acceleration” that has effectively “broken” traditional valuation rules. (The “Rule of 40” blends revenue growth with profit margin.) (Barron’s)
Palantir is set to report its Q4 2025 earnings Monday, Feb. 2, after the U.S. market closes. (Palantir)
Investors are watching closely for signs of slowing growth in the commercial segment, which has recently caused volatile shifts in sentiment. Margins stay in focus, as the stock’s premium largely depends on operating leverage showing through the income statement.
The risk is obvious. If revenue growth or forward guidance falls short, a stock priced for robust performance can nosedive fast, while liquidity evaporates and volatility spikes right at the start of trading.
Macro factors are still driving the market. San Francisco Fed President Mary Daly called policy “in a good place” and stressed the importance of the Fed being “deliberate” in rate changes, according to Reuters. The next policy meeting will take place Jan. 27-28. High-multiple software stocks tend to react earliest to changes in rate expectations. (Reuters)
Tuesday puts Palantir in focus, as traders watch whether it holds firm with the broader tech group or slides further on profit-taking. After that, the schedule quiets down. The key date on the horizon is Feb. 2—how Palantir performs post-report will likely set the tone for the coming weeks.
