Nvidia, Palantir and Wall Street
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Investor's Business Daily on MSNPalantir Falls For Sixth Straight Session. Retreats 18% From All-Time High.
Palantir stock fell for the sixth straight session on Wednesday. With the retreat, Palantir stock is down 18% from its all-time high.
Palantir Technologies was the worst performer in the S&P 500 on Tuesday, with the stock continuing to surrender gains following a blowout earnings report earlier this month.
Palantir Technologies fell for the sixth straight session, its longest losing streak of the year, dragging the AI-enabled consulting firm's shares into bear-market territory, more than 20% below its recent peak, at one stage.
Palantir shares have fallen nearly 20% over the past two days following a large post Q2 earnings rally earlier this month. Learn more on PLTR stock here.
Last week, Citron's Andrew Left announced a short position against Palantir, suggesting that the stock was "beyond overvalued" at nearly $190 per share. Citron later argued that Palantir stock should be trading at $40. Palantir shares continued to plummet on Wednesday and were down more than 20% over the past five days.
Palantir Technologies (NASDAQ:PLTR) slid more than 9%, while Oracle lost over 5%. Both names have benefited this year fr
Palantir stock is continuing to slide today as investors focus on inflation-related concerns. Recent quarterly updates from Target and Home Depot have highlighted inflationary risks that are pressuring Palantir and other growth stocks.
Palantir Technologies Inc. (NYSE:PLTR) deepened its partnership with Fujitsu Ltd. (OTC:FJTSY) through a new licensing deal signed Aug. 5, 2025, granting Fujitsu the rights to offer the Palantir Artificial Intelligence Platform (AIP) in Japan.
The S&P 500 slipped 0.4% and is on track for a third straight modest loss after setting its all-time high last week. The Dow Jones Industrial Average was up 8 points, or less than 0.1%, as of 11:50 a.m. Eastern time, and the Nasdaq composite was down 1%.
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MarketBeat on MSNCan AI Defense Contracts Push Palantir Shares Higher?
Palantir Technologies Inc. (NASDAQ: PLTR) continues to delight shareholders and confound its critics. The company’s latest earnings report shows a company that’s been hitting on all cylinders for quite some time.