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.
Republicans can afford to lose just one vote under their 218-215 majority to pass the resolution—the first major legislative ...
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by ...
Defense Secretary Pete Hegseth said Trump gave his department “clear marching orders: revive warrior ethos, rebuild our ...
4don MSNOpinion
Senate Republicans finally pushed through their blueprint for the first phase of President Donald Trump's legislative agenda ...
The department has more than 945,000 civilian employees. Defense Secretary Pete Hegseth has said 17 specific missions, such ...
Defense Secretary Pete Hegseth blasted reports of spending cuts taking place at the Pentagon, saying they are actually ...
Senate split along party lines to adopt budget Vance: Enacting president’s agenda will “take time” Pentagon budget cuts or ...
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