Palantir Stock Slides as AI Growth Story Meets Governance and UK Contract Scrutiny
Palantir shares slid 2.36% to $127.99 as renewed political and governance scrutiny collided with rapid AI-driven revenue growth, leaving the stock near key technical support at $126.50; investors now await the next major catalyst—Q2 earnings, tentatively set for August 3, amid ongoing valuation and headline risks.