New York, Jan 22, 2026, 16:51 ET — After-hours
- Palantir shares edged up roughly 0.3% in after-hours trading, holding close to $166
- A statement supported by Accenture detailed a data-center expansion powered by Nvidia technology and featuring Palantir software
- Traders are eyeing Palantir’s Feb. 2 earnings for clues on contract momentum and future direction
Shares of Palantir Technologies Inc (PLTR.O) edged up roughly 0.3% in after-hours trading Thursday, closing at $165.90. The move came after the company was included in a project to develop “sovereign AI” data centers spanning Europe, the Middle East, and Africa. During the regular session, the stock fluctuated between $164.98 and $169.94.
The broader market provided support as Wall Street’s key indexes closed up for a second straight day, boosted by President Donald Trump stepping back from tariff threats against European allies. Strong economic data also signaled a robust U.S. economy. “You do not know whether it is Christmas morning or Friday the 13th,” remarked Gregg Abella, CEO of Investment Partners Asset Management. (Reuters)
Timing is crucial for Palantir, given how AI-related stocks have been volatile amid headline swings. Investors have shown little patience for signs of slowing spending, tightening the margin for error as earnings season approaches.
UK-based Sovereign AI announced Wednesday it has chosen Accenture and Palantir to develop and expand next-gen AI data centers throughout Europe, the Middle East, and Africa. CEO Bradd Lewis emphasized the company’s “commitment to building the next generation industrial base for AI.” The initiative will leverage Dell Technologies’ “Dell AI Factory with NVIDIA.” Nvidia’s Justin Boitano added that “digital and economic security now require sovereign AI designed for efficient inference,” referring to running AI models locally under sovereign control. (Accenture Newsroom)
Partners’ shares edged up Thursday. Accenture added around 1.6%, Dell jumped close to 3.4%, and Nvidia ticked up about 0.8%.
Palantir is ramping up its presence in heavy industry. At Davos this week, company executives revealed they secured a multi-year, enterprise-wide software contract with South Korea’s HD Hyundai, worth hundreds of millions of dollars, according to a source who spoke to Reuters. Palantir declined to comment on the specifics. CEO Alex Karp told Reuters he’s “very bullish” on Korea and added that U.S. demand for Palantir’s products “exceeds what we can satisfy.” (Reuters)
Investors remain in the dark with scant details. Neither the Sovereign AI project nor Hyundai’s expansion included clear revenue forecasts or timelines. Plus, big infrastructure and software launches often face delays if budgets get squeezed or priorities shift.
Palantir plans to release its fourth-quarter and full-year earnings on Feb. 2, after U.S. markets close. The company will hold a webcast at 5 p.m. ET, according to a statement. (Business Wire)
The upcoming catalyst is the earnings report — and, for now, it’s about whether policy-driven market swings continue to force traders in and out of high-valuation AI stocks.
