Gorilla Technology's stock dropped 4% following its announcement of a non-binding letter of intent to acquire its first U.S. data center, signaling a move into physical infrastructure. The deal, expected to close by November, is still subject to due diligence and final agreements, causing investor caution. While the data center sector and peers like Palantir saw gains or stability, the market reacted skeptically to Gorilla's preliminary step and the capital needed for its expansion plans. Investors will watch for a definitive agreement and financing updates to assess the deal's progress and impact on the company's value.
As of Oct 09, 2026 21:51 WIB, Palantir Technologies Inc (PLTR) is trading at USD 202.39 on Pluang, showing a 1.82% gain for the day with a market cap of $477.68 billion. Despite Gorilla Technology's 4% drop on news of its U.S. data center plans, Palantir's shares have moved higher, reflecting differing investor sentiment within the tech sector. The Pluang platform also notes a typical hold time of 78 days for PLTR and a balanced order activity with 57% selling and 43% buying interest.
Palantir Technologies shares rose 4% after Barclays initiated coverage with an Overweight rating and a $265 price target, following Goldman Sachs' recent upgrade citing strong demand for sovereign AI systems. This bullish sentiment has pushed Palanti...
Gorilla Technology's stock fell 10% following the announcement of a non-binding letter of intent to acquire its first U.S. data center, signaling a move into physical infrastructure. The deal, expected to complete by November, is still subject to due...
Palantir has increased its full-year 2026 revenue growth forecast to 82% year-over-year, up from 61% earlier this year, driven mainly by its US Commercial segment. The company’s ambitious stretch target aims for total revenue growth matching or excee...
Goldman Sachs analyst Gabriela Borges upgraded Palantir Technologies stock to a Buy rating with a 12-month price target of $230, signaling a potential 16% upside from current levels. The upgrade is driven by Palantir's expanding market in sovereign A...
Chipotle Mexican Grill shares rose after reports that Starbucks explored a takeover, though no formal offer or deal certainty is confirmed. Meanwhile, PepsiCo beat Q3 earnings estimates but expressed concerns about its North American beverage busines...
