Palantir’s Pricey Multiple in Focus as Pentagon Budget Cuts Loom
Last week’s rout in Palantir Technologies Inc. shares has done little to convince skeptics that it’s suddenly a bargain.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,
Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Palantir Technologies ( PLTR -4.63%) shares have been red hot for the past couple of years, but the stock was tumbling after Defense Secretary Pete Hegseth ordered the Pentagon to slash its $850 billion budget by 8%, or about $50 billion.
Palantir co-founder and CEO Alexander Karp opens his new book with a provocative declaration: “Silicon Valley has lost its ...
Palantir shows strong growth but its valuation is high. See why PLTR stock doesn’t justify its price, even with positive cash ...
Palantir’s stock surge—over 600% in one year, before this week’s slide—has made its CEO Alex Karp a wealthy man. Karp sold ...
The stock chart has been getting all the attention, but there's another number that investors should be watching.
Could Palantir Technologies stock (NASDAQ: PLTR) drop to $60 in the near future from its current price above $120? Does this ...
Two billionaire Palantir Technologies Inc. founders disclosed plans this week to unload more than $1.4 billion of stock, ...
Palantir (NASDAQ: PLTR) has been one of the hottest stocks on Wall Street, rising nearly 600% since the start of 2024. As a ...
Palantir stock is continuing to slide Thursday as investors weigh a CEO stock sale and potential defense budget cuts. Here’s ...
Investment bank Loop Capital sees the plunge in Palantir Technologies (PLTR) stock as a buying opportunity. Discover the Best ...
Catalysts have been abundant, with everything from excitement surrounding stock splits in influential businesses to Donald ...
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