Thanks to a very disappointing University of Michigan consumer sentiment report last Friday, the markets ended the week on a sour note. To review, the report showed a reading of 64.7, down from 71.7 in January – a 10% decline.

Palantir's valuation is retreating today after Walmart issued sales guidance for this year that spooked Wall Street. On the heels of a 5.6% increase for its annual revenue last year, the retail giant only expects sales growth to be between 3% and 4% this year.

Mega-retailer Walmart's shares drop after the company issued fiscal 2026 guidance below analyst expectations. Retail investor darling Palantir Technologies adds to Wednesday's declines following ...

Shares of highflying AI darling Palantir Technologies Inc. saw their losses deepen on Thursday after a report touting planned budget cuts at the Defense Department sent the stock reeling on Wednesday afternoon.

As two of the market's top performers in recent years, investors may be wondering if they should buy the dip in Palantir Technologies (PLTR) or Vertiv Holdings (VRT) stock.

The software company's share price was down 9.4% as of 1:45 p.m. ET amid a 0.8% decline for both the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC). BigBear.ai's valuation is tumbling today in conjunction with a sell-off in the broader market triggered by concerning guidance from Walmart.

Walmart (WMT) shares are still on the red on Thursday following the retail giant's cautious outlook for its fiscal year 2026. Palantir Technologies (PLTR) continues to sink this session following the US Department of Defense's proposed military budget cuts.

Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes. The S&P 500 fell 0.7% Thursday.