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Palantir slips as Karp’s paid “college alternative” hits headlines in weak year-end trade
29 December 2025
1 min read

Palantir slips as Karp’s paid “college alternative” hits headlines in weak year-end trade

NEW YORK, December 29, 2025, 09:46 ET — Regular session

  • Palantir shares fall about 1% early Monday as tech stocks ease in thin holiday trading.
  • The company drew fresh attention after a report detailed CEO Alex Karp’s “Meritocracy Fellowship” for high school graduates.
  • Investors are watching this week’s Fed minutes and jobless claims for rate signals.

Palantir Technologies Inc shares were down 0.9% at $187.10 shortly after the opening bell on Monday, reversing a small early bounce as the broader tech sector softened.

The move matters because Palantir is one of the market’s biggest momentum names into year-end, leaving the stock sensitive to headlines and risk-off swings in light holiday liquidity.

U.S. stocks were set for a lower start to the final week of 2025 as heavyweight technology names gave up some ground from last week’s gains, Reuters reported.

Palantir also made headlines after a report said the company paid 22 high school graduates about $5,400 a month this fall to skip college as part of its “Meritocracy Fellowship.”

“If you did not go to school … once you come to Palantir, you’re a Palantirian. No one cares about the other stuff,” CEO Alex Karp said, according to an earnings call transcript cited by Investopedia.

The program offers four months of training — including philosophy and history seminars — and the possibility of full-time engineering roles, though the company has not said how many fellows will receive job offers, the report said.

The broader backdrop has turned choppy for AI-linked equities, with Nvidia and Oracle down more than 1% in premarket trading as the year-end rally paused, Reuters reported.

Palantir opened at $186.94 on Monday and traded between $184.61 and $187.17 in early dealings, with about 4.2 million shares changing hands, according to Investing.com data.

The stock ended Friday at $188.71 after a 2.8% drop, according to Investing.com historical pricing.

Even after Monday’s dip, Palantir’s share price had climbed about 150% in 2025, Investopedia reported, underscoring how quickly investors have priced in growth expectations.

Investing.com put Palantir’s market capitalization at about $450 billion and showed the stock at a triple-digit earnings multiple, metrics that can amplify volatility when sentiment turns.

Palantir sells data-analysis software to governments and companies, with platforms designed to help users find patterns in large datasets and support operational decision-making.

Investors are also looking ahead to macro catalysts, including minutes from the Federal Reserve’s latest meeting and weekly jobless claims later this week, in a market expected to see light volumes around the New Year holiday.

Palantir’s next earnings date is listed by Investing.com as Feb. 18, 2026; traders will be watching for updates on demand and any shift in growth assumptions that have driven the stock’s 2025 surge.

Stock Market Today

  • NoCo CommUNITY Store to Provide Free Food, Clothing and Household Goods in Northern Colorado
    April 12, 2026, 4:44 AM EDT. Stand Up Loveland partners with All Star Cleaning Services to launch the NoCo CommUNITY Store, a free market offering food pantry items, clothing, and household goods to Northern Colorado residents facing economic challenges. The initiative aims to reduce food waste, assist those struggling with inflation, and foster community support. Located at 120 W. Saturn Dr., the store opens April 18 with regular hours on Tuesdays, Fridays, and Sundays. Donations accepted include shelf-stable foods, clothing, hygiene products, and small household items. The group seeks volunteers and partnerships with farmers to expand fresh produce availability. A refrigerator and freezer are needed to store perishable donations safely.

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