Palantir Technologies' stock has fallen about 30.5% in 2026, dropping from $177 to around $123 by early August, strengthening Michael Burry's large short position against the company. Despite Palantir's strong revenue growth of 85% year-over-year and expanding AI business, Burry argues the stock is overvalued with unrealistic growth expectations and risks from stock-based compensation and its operating model. His bearish stance reflects broader skepticism about AI-related tech valuations, as he also shorted other major AI and tech firms. The stock's decline highlights concerns over high valuation multiples amid strong business performance.
Mercury Systems has entered a strategic partnership with Palantir to enhance automation in material planning and factory operations, aiming to accelerate production timelines for U.S. military programs. This collaboration will streamline Mercury's su...
Palantir Technologies will release its Q2 earnings report on August 3, with analysts expecting earnings of 35 cents per share, up from 16 cents last year. Revenue is projected to increase significantly to $1.81 billion from $1 billion in the previous...
SpaceX will release its first public earnings report focusing on Starlink's growth, Starship development, and capital spending. Despite shares falling over 50% from their peak and trading below the IPO price, Wall Street remains optimistic with bulli...
U.S. markets ended last week higher as the Federal Reserve held interest rates steady, despite some dissent. This week features key economic data including Friday's July jobs report and manufacturing activity, alongside major earnings from SpaceX, AM...
Palantir Technologies is expected to deliver strong Q2 results with guidance indicating 79% year-over-year revenue growth and 130% growth in adjusted operating income. The company is successfully shifting focus towards commercial clients to reduce re...
