Palantir's stock was nearly flat over the past year, rising just 1.24%, yet the GraniteShares 2x Long PLTR Daily ETF (PTIR) tracking it dropped 33.27%. This discrepancy is due to volatility decay inherent in daily-reset leveraged ETFs, which can lose value over time even if the underlying stock remains flat. PTIR performs well over short periods, doubling daily moves, but over longer periods with volatility, it suffers losses. Palantir's strong Q2 2026 earnings and optimistic guidance may boost short-term gains, but the ETF's structure makes it risky for buy-and-hold investors.
Stocks fell sharply due to various factors including a 58.71% drop in the Defiance Daily Target 2x Short PLTR ETF, driven by strong gains in Palantir Technologies, which the ETF inversely tracks. AdaptHealth shares dropped 38.09% amid a legal investi...
Palantir reported a strong quarter with revenue up 93% year-over-year and net income tripling to $1.07 billion. The company also improved its profitability and raised its future outlook, despite its stock being down 29% for the year before the earnin...
US stocks surged with the Dow up 2% and the Nasdaq rising 2.4% after Treasury Secretary Scott Bessent indicated a potential deal with Iran to reopen the Strait of Hormuz, easing oil supply concerns and causing oil prices to fall over 5%. Palantir's s...
Palantir Technologies reported a remarkable 93% year-over-year revenue growth in Q2, significantly lifting the iShares Expanded Tech-Software Sector ETF (IGV) and the broader software sector. This strong performance, supported by robust forward guida...
The US is drafting a ban on importing Chinese optical transceivers to prevent security risks in data centers, causing shares of networking companies like Lumentum, Coherent, and Ciena to rise. CoreCivic secured a five-year contract with ICE to operat...
