Today: 11 June 2026
Browse Category

NYSE:PLTR 24 April 2026 - 10 June 2026

Palantir CEO Karp takes aim at AI spend by Anthropic, OpenAI

Palantir CEO Karp takes aim at AI spend by Anthropic, OpenAI

Palantir shares edged up less than 1% to $132.66 after CEO Alex Karp told CNBC that enterprise customers are privately “unhappy” with frontier AI labs’ billing practices, as AI buyers face “sticker shock” and cost savings lag, while Palantir pitches its software and embedded engineers as a solution amid ongoing scrutiny of its NHS contract in Britain.
Palantir gains premarket with AI stock catalyst eyed

Palantir gains premarket with AI stock catalyst eyed

Palantir jumped 3.6% to $162.14 in pre-market trade Monday, adding to a 17% two-day surge after Dell and Snowflake’s strong AI-driven results. No new filings from Palantir. Investors are betting on AI momentum and Palantir’s raised 2026 revenue target of up to $7.66 billion after an 85% Q1 revenue spike. Gains follow Dell and Palantir’s on-prem AI OS launch and Snowflake’s $6B AWS deal, but competition and AI spending risks remain.
Palantir Stock Rallies the Most in a Year as Another Test Nears

Palantir Stock Rallies the Most in a Year as Another Test Nears

Palantir Technologies surged 9.2% Friday to $156.54, its best session in over a year, lifting its market cap near $402 billion. The stock jumped almost 18% over two sessions, fueled by optimism around AI spending and a new on-premises deal with Dell. First-quarter revenue rose 85% to $1.63 billion. Investors now await U.S. jobs data and Broadcom earnings for signals on rates and tech demand.
Palantir Jumps 9% as AI Software Stocks Face Next Test

Palantir Jumps 9% as AI Software Stocks Face Next Test

Palantir shares rose 9.2% to $156.54 Friday, marking their strongest two-day rally since April 2025. The move followed upbeat AI-driven results from Dell and Snowflake, with Palantir raising its 2026 revenue outlook to as much as $7.66 billion. First-quarter revenue jumped 85% to $1.63 billion, beating estimates. Palantir’s price-to-earnings ratio reached 176, far above most peers.
Palantir Technologies Stock Just Got an AI Forecast Boost. Why Investors Still Paused

Palantir’s AI run faces sticking point on Wall Street

Palantir shares rose 0.8% to $137.98 Tuesday, but remain down 23% in 2026 despite first-quarter revenue jumping 85% to $1.63 billion. Investors remain split, with some citing rapid AI-driven growth and others warning on valuation, as the company trades at a P/E near 155. Competitors including Anthropic are expanding, with new enterprise AI offerings drawing attention. PayPal was flagged as a lower-priced alternative.
Palantir’s AI Work in Ukraine Draws PLTR Into Human-Rights Firestorm

Palantir’s AI Work in Ukraine Draws PLTR Into Human-Rights Firestorm

Palantir Technologies faces renewed investor pressure after shareholders representing $336.1 billion backed a call for an independent human-rights review of its software. The push comes as Palantir’s AI tools draw attention in Ukraine, where CEO Alex Karp signed a data-sharing deal with the military. Shareholders will vote on disclosure and rights proposals at the June 3 annual meeting. Palantir’s board opposes the measures.
Top AI Stocks To Watch Today: Nvidia, Microsoft, Broadcom, AMD, Palantir And Cerebras Face A Yield Test

Top AI Stocks To Watch Today: Nvidia, Microsoft, Broadcom, AMD, Palantir And Cerebras Face A Yield Test

Nasdaq 100 futures fell 1.25% early Friday, with Nvidia down 1.8% premarket after a rally. Microsoft drew attention as Pershing Square prepared to disclose a new stake, citing Azure and Copilot. Cerebras surged 89% above its IPO price in its Thursday debut. Rising Treasury yields and oil prices weighed on U.S. AI stocks after record closes for the S&P 500 and Nasdaq.
Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace shares surged 26.34% to close at $7.29 on Thursday, hitting a 52-week high of $7.65 before slipping to $7.15 after hours. The rally followed first-quarter profit and a memorandum with AMD to build AI infrastructure, though the company still reported a non-GAAP loss and uneven segment growth. Trading volume topped 39 million shares. Analyst Keith Bachman maintained a Hold rating with a $5 target.
Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir shares fell 1.4% to $134.04 despite reporting record quarterly revenue growth and raising its 2026 outlook. U.S. commercial revenue missed estimates by $10 million, triggering the drop. First-quarter revenue rose 85% to $1.63 billion, while government sales climbed 84%. Bank of America maintained a Buy rating but warned expectations remain high.
Dow Drops 557 Points as Oil Shock Hits US Stocks; Palantir Slides After Hours

Dow Drops 557 Points as Oil Shock Hits US Stocks; Palantir Slides After Hours

The Dow Jones Industrial Average fell 1.13%, dropping over 550 points, as a surge in oil prices linked to Iranian attacks in the Strait of Hormuz rattled markets. Brent crude jumped 5.8% to $114.44 a barrel. Ten of 11 S&P 500 sectors declined, with energy the exception. Palantir shares slipped 2.69% after hours despite raising its 2026 revenue forecast and posting strong quarterly results.
U.S. Stock Market Week Ahead: Jobs Report, Fed Split and Earnings Could Test Wall Street’s Record Run

U.S. Stock Market Week Ahead: Jobs Report, Fed Split and Earnings Could Test Wall Street’s Record Run

The S&P 500 and Nasdaq closed at record highs Friday, rising 0.29% and 0.89% respectively, while the Dow slipped 0.31%. April saw the S&P 500 gain over 10% and the Nasdaq jump more than 15%. Over 100 S&P 500 companies report earnings this week, with first-quarter profit growth tracking at 27.8%. The Federal Reserve kept rates steady last week amid policy division over inflation and growth.
Palantir Stock Faces a May 4 Earnings Test as Wall Street Sees Upside but Political Heat Builds

Palantir Stock Faces a May 4 Earnings Test as Wall Street Sees Upside but Political Heat Builds

Palantir will report first-quarter earnings after U.S. markets close on May 4, with Wall Street expecting revenue of about $1.54 billion, up roughly 74% year over year. Shares traded at $143.09 before Monday’s open, up 1.06%. Analysts remain divided over Palantir’s AI-driven growth versus political risks and valuation. Super Micro Computer, another AI stock, rose 8.65% to $29.08.
Palantir’s $1.1 Billion Test: Swiss Bank Defends Stake as AI Contractor Wins New U.S. Work

Palantir’s $1.1 Billion Test: Swiss Bank Defends Stake as AI Contractor Wins New U.S. Work

Swiss National Bank Chairman Martin Schlegel defended the bank’s $1.1 billion stake in Palantir after Minneapolis activists urged a sale over the company’s work with U.S. immigration authorities. The SNB held 6.24 million Palantir shares at the end of 2025. Palantir shares fell 7.24% Thursday after a previous gain. Shareholders will vote June 3 on proposals for more human rights oversight.
1 2 3 13

Stock Market Today

  • SpaceX Sets Record with $75 Billion IPO, Musk Poised to Become First Trillionaire
    June 11, 2026, 9:33 AM EDT. Elon Musk's SpaceX is set to debut on Wall Street with a monumental IPO offering 555.6 million shares at $135 each, potentially raising $75 billion, making it the largest IPO ever. The rocket company plans to fund ambitious projects including deploying 100,000 Starlink satellites and developing AI data centers in orbit. Musk retains control through special Class B shares, ensuring influence over corporate decisions and his own CEO position. The success of SpaceX heavily depends on the Starship rocket's reusability, a critical factor for cost and operational efficiency. SpaceX faces increased scrutiny as a public company, balancing regulatory requirements against its long-term ambitions to colonize Mars and transform space exploration.

Latest articles

Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

11 June 2026
Grab shares hovered at $3.27, just above their 52-week low, as investors await regulatory approval for its $600 million foodpanda Taiwan deal—a move expected to add $60 million in adjusted EBITDA by 2028 but still shadowed by execution and regulatory risks despite strong Q1 growth.
Robinhood Shares Gain as HOOD IPO Underwriters Face Retail Pressure

Robinhood Shares Gain as HOOD IPO Underwriters Face Retail Pressure

11 June 2026
Robinhood shares jumped 3% to $86.36 after Robinhood Securities won approval to underwrite IPOs, moving the company closer to Wall Street’s core and expanding beyond its trading app roots, as investors eye SpaceX’s upcoming IPO allocation and await CFTC decisions that could impact fast-growing event contract revenues.
Go toTop