NEW YORK, January 4, 2026, 16:48 ET — Market closed
- Palantir shares were last down 5.6% after Friday’s close, ending at $167.86.
- An SEC filing showed officer Ryan D. Taylor filed to sell up to 12,000 shares under Rule 144.
- Traders are watching Friday’s U.S. jobs report and late-January Fed meeting for rate clues that can sway high-growth tech.
Palantir Technologies Inc (PLTR.O) shares were last down 5.6% after Friday’s close, as investors head into the first full week of 2026 reassessing richly valued “AI trade” stocks amid shifting interest-rate expectations.
Why it matters now: Palantir sits at the crossroads of government software spending and the market’s enthusiasm for artificial intelligence, and its valuation can swing sharply when investors recalibrate how long the Federal Reserve will keep borrowing costs restrictive. Investors “might be a little bit more conscious about some of the valuations that they’re paying for some of the AI plays,” Joe Mazzola, head of trading and derivatives strategist at Charles Schwab, told Reuters. (Reuters)
The rate backdrop tightened further over the weekend after Philadelphia Fed President Anna Paulson signaled additional cuts “could take a while” as policymakers evaluate inflation and the labor market, Reuters reported on Saturday. (Reuters)
Company-specific, a Form 144 filed with the U.S. Securities and Exchange Commission showed Ryan D. Taylor, listed as an officer, disclosed a planned sale of up to 12,000 Palantir shares over the next 90 days, with an estimated market value of about $2.13 million. (Sec)
Form 144 is a notice required under Rule 144, which sets conditions for the public resale of restricted or controlled securities. The filing also referenced a 10b5-1 plan — a prearranged trading plan that can allow insiders to sell shares on a set schedule.
Palantir’s slide came as investors rotated within tech on Friday: chipmakers powered gains in parts of the market, while some mega-cap technology names pulled back, keeping broader benchmarks in check, according to Reuters.
Technically, traders will likely watch whether the stock holds above Friday’s intraday low around $166, after shares traded as high as about $183 in the session. The stock’s 52-week range runs from roughly $20 to about $209, underscoring how quickly sentiment has shifted over the past year.
The next macro tests arrive quickly. The Labor Department’s employment report for December 2025 is due Friday, Jan. 9 at 8:30 a.m. ET, and the Fed’s next policy meeting is scheduled for Jan. 27–28. (Bls) (Federalreserve)
On the company calendar, Palantir has not announced a fourth-quarter earnings date. Market trackers list early February as the likely window, and investors will focus on guidance for U.S. government demand, commercial customer growth and margins as spending on AI tools broadens. (Yahoo)
But risks cut both ways. A stronger-than-expected jobs report could push bond yields higher and pressure high-multiple software stocks, while any disappointment on Palantir’s revenue outlook would sting after a sharp run-up that has raised expectations.
The market’s next hard catalyst is Friday’s U.S. payrolls report on Jan. 9, with Palantir’s trading range around $166–$183 likely in focus when markets reopen Monday.
