Palantir stock price closes higher as UK defence contract notice lands, earnings loom
Palantir shares rose 2.3% to $169.60 Friday after the UK Ministry of Defence awarded the company a £240.6 million software contract. The deal, disclosed in a procurement notice, runs from April 2026 to March 2029. Investors await Palantir’s earnings on Feb. 2 and the Federal Reserve’s Jan. 28 policy decision.