NASDAQ:PLTR

Palantir Technologies (PLTR) news archive — page 5

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Palantir stock jumps on defense-led sales surge as AI trade wobbles

Palantir Technologies shares jumped roughly 6% on Tuesday, defying a wider tech sell-off. The boost came after the company highlighted robust demand for its artificial intelligence tools among U.S. government agencies.

Palantir stock price steadies after Hyundai expansion as Davos sovereign AI project emerges

Palantir stock price steadies after Hyundai expansion as Davos sovereign AI project emerges

Shares of Palantir Technologies Inc barely moved Wednesday after Reuters reported the data analytics company inked an expanded software agreement with South Korea’s HD Hyundai. A source familiar with the deal valued it at hundreds of millions of dollars over several years. The stock slipped 0.02% to $168.53. Palantir declined to comment on the specifics.
Palantir stock dips despite Hyundai expansion as Reuters sources peg deal in “hundreds of millions”

Palantir stock dips despite Hyundai expansion as Reuters sources peg deal in “hundreds of millions”

Shares of Palantir Technologies slipped 0.4% to $170.33 by 10:31 a.m. EST, after earlier dipping to $164.62. The drop followed news of a major software contract with South Korea’s HD Hyundai, reportedly worth hundreds of millions over several years, according to a source familiar with the deal. Palantir declined to disclose terms. The companies are set to announce the agreement at the World Economic Forum in Davos, where CEO Alex Karp expressed he’s “very bullish” on Korea but emphasized the need to “selectively engage abroad” given the company’s strong position in America.
AI stocks head into MLK Day break mixed: Nvidia and Intel slip as AMD, Broadcom firm

AI stocks head into MLK Day break mixed: Nvidia and Intel slip as AMD, Broadcom firm

U.S. chip and software stocks tied to AI closed Friday on a mixed note ahead of the long holiday weekend. Advanced Micro Devices and Broadcom posted gains, with AMD up 1.7% at $231.83 and Broadcom climbing 2.6% to $351.71. Meanwhile, Nvidia slipped 0.5% to $186.23, and Intel dropped 2.8% to $46.96. On the software side, Palantir slid 3.4%, Alphabet dipped 0.9%, and Microsoft edged up 0.7%.
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