Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Palantir

Palantir Misses Earnings In Consecutive Quarters, Lags on Q2 Outlook

Palantir Technologies Inc (NYSE:PLTR) reported first-quarter FY22 revenue growth of 31% year-on-year to $446 million, beating the consensus of $443.4 million. Revenue Drivers: Commercial revenue grew 54% Y/Y. U.S. commercial revenue rose 136% Y/Y. Palantir customer count grew 86% Y/Y. Government revenue grew 16% Y/Y. Margins: The adjusted operating margin contracted 800 bps to 26%…

Benzinga

Why Palantir Technologies Shares Are Diving

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 13.61% at $8.19 after the company said it expects second-quarter revenue below analyst estimates.

Benzinga

Palantir Earnings, Revenue Guidance Miss Amid Slowing Government Growth

Palantir reported March-quarter earnings that missed views while revenue guidance came in below expectations. PLTR stock tumbled.

Investors Business Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Palantir Wins $13M Contract From Longtime Partner UK Defense Ministry

Palantir Technologies Inc (NYSE:PLTR) bagged a £10 million ($12.5 million) 12-month contract with the U.K. Ministry of Defense, Bloomberg reports. Palantir will support U.K. Defense Ministry's Foundry platform, which lets users cut costs by automating work and reducing data-processing time. Co-founded by billionaire Peter Thiel and Alex Karp, the data analytics company…

Benzinga

This Once Hot IPO is Struggling to Diversify Revenue

Disappointing stock chart reflects a tough shift for onetime tech darling.

The Street

Former UK NHS AI Head Joins Palantir; Could Trigger Clash Of Interests

Palantir Technologies Inc (NYSE:PLTR) engaged the former head of artificial intelligence at the digital wing of Britain’s National Health Service as it looks to sign a lucrative new contract with the U.K. government, Bloomberg reports. Indra Joshi quit as director of AI for NHSX in March, saying it was “time to take…

Benzinga

Why Palantir Stock Looks Set To March Toward $16

Palantir Technologies, Inc (NYSE: PLTR) was trading slightly lower on Wednesday afternoon after a volume pop in the morning took the stock temporarily up over Tuesday’s high-of-day.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Predicting and preparing for new pandemics

More agile global governance of the pandemic response must be established while Covid-19 is still prominent, says Michael Bartos

Newsroom.co.nz

Beware of These 3 Overvalued SaaS Stocks: Palantir, Smartsheet, and UiPath

Due to rising inflation, the Fed’s tightening monetary policy, slowing economic growth, and geopolitical strife in Europe, technology stocks are expected to remain under pressure. Thus, we think overvalued SaaS stocks Palantir (PLTR), UiPath (PATH), and Smartsheet (SMAR) are best avoided now, given their weak fundamentals and growth prospects.

StockNews.com

Cathie Wood's Ark Is Now Completely Out Of Palantir — Selling Over 30 Million Shares In 1 Month

Cathie Wood-led Ark Investment Management has shed all its holdings in Peter Thiel-backed Palantir Technologies Inc (NYSE: PLTR), marking one of the investment firm's swiftest exists from a stock it was bullish on just over

Benzinga

Why Palantir Shares Are Ripping Higher

Palantir Technologies Inc (NYSE: PLTR) is surging Wednesday after Piper Sandler analyst Weston Twigg initiated coverage on the stock with an Overweight rating and a $15 price target.

Benzinga

Why This Data Analytics Company's 'High Growth' Will Likely Continue

Palantir Technologies Inc. (NYSE: PLTR), while being controversial, has set its sights on achievable growth targets, according to an analyst at Piper Sandler.

Benzinga

What's Behind The Strength In Palantir Shares Today?

Palantir Technologies Inc (NYSE: PLTR) is trading higher Monday after Morgan Stanley analyst Keith Weiss upgraded the stock from an Underweight rating to an Equal-Weight rating and lowered the price target from $24 to $16.

Benzinga

Here's Why Morgan Stanley Upgraded Palantir Technologies

Morgan Stanley analyst Keith Weiss upgraded Palantir Technologies Inc (NYSE:PLTR) to Equal Weight from Underweight with a price target of $16, down from $24. The price target implies an upside 0f 46.1%. The analyst cites its "well-positioned" government business, potential for its commercial unit to accelerate sales investments, and "strong" unit economics for the…

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Chart Wars, Cyberwarfare Edition: Between CrowdStrike Or Palantir, Which Stock Will Go Higher?

CrowdStrike Holdings, Inc (NASDAQ: CRWD) and Palantir Technologies, Inc (NYSE: PLTR) shot up on Feb.

The Street

Cathie Wood Watch: Ark Funds Sell ETSY, Palantir

Much of Ark's trading in recent weeks has consisted of buying beaten-down tech stocks, but it's doing some selling too.

Benzinga

Palantir Tech To Improve NHS Backlog

Palantir Technologies Inc (NYSE:PLTR) launched software across the U.K.’s NHS to help reduce the backlog of 6 million patients waiting for elective care, Financial Times reports. Palantir looks to spread its data processing technology across 30 hospital trusts in March to help cut the pandemic-induced NHS waiting lists. The NHS paid £23.5…

Benzinga

Cathie Wood Further Trims Down Palantir Stake As It Nears Exit From The Stock

Cathie Wood led Ark Investment Management on Tuesday shed nearly all of its exposure in the Peter Thiel-backed Palantir Technologies Inc (NYSE: PLTR).

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Is High Growth Ready To Rally? Why This Investor Bought Shares Of Shopify, Palantir

High-growth stocks continue to face selling pressure amid geopolitical tensions and Fed uncertainty. Many maintain views that these stocks will continue to slide, but others, like former hedge fund manager Puru Saxena, see incredible opportunity.

The Street

Cathie Wood Watch: Ark Sells Palantir Stock, Buys Tesla

Asset manager Cathie Wood had been regularly unloading Palantir. On Friday she sold the last of the software company's shares held in three Ark funds.

Benzinga

Benzinga's Daily Brief On Trending Tickers For Feb. 28, 2022: VanEck Russia ETF, Palantir Technologies, GameStop And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to illustrate recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

The Street

Cathie Wood's Ark Keeps Buying Depressed Tech Stocks

It snapped up Tesla, Coinbase and Zoom Thursday. Tesla is the No. 1 holding in Ark’s flagship Ark Innovation ETF.

StockNews.com

Should You Buy the Post-Earnings Dip in Palantir?

Despite robust revenue growth across its core segments, data mining company Palantir (PLTR) suffered a significant sell-off over the past few days. So, let's evaluate if it's wise to buy the dip in stock given its premium valuation and negative profit margins? Read on.

Benzinga

Why Did Palantir's Stock Rally Today?

Palantir Technologies Inc. (NYSE: PLTR) shares are trading higher Thursday after the Russia-Ukraine tensions got worse. Russia has now invaded Ukraine and declared war.

The Street

Cathie Wood's Ark Continues Tech-Stock Buying Spree

On Wednesday, Ark snapped up shares of Twilio, Roblox, Coinbase and JD.com. It sold Twitter and Palantir Technologies.

1 … 25 26 27 28

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.