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.
DA Davidson upgraded Palantir Technologies' price target from $200 to $250, maintaining a 'Buy' rating due to the company's strong position in the enterprise AI market and growing customer interest in AI sovereignty. Palantir's recent Q2 results show...
Nebius surged 8% after announcing a strategic partnership with Palantir Technologies to combine AI infrastructure and software analytics. This collaboration positions Nebius as a preferred sovereign AI infrastructure provider, potentially unlocking n...
Key AI researchers are quitting over fears that the AI industry is rushing to develop uncontrollable superintelligence. Despite these safety concerns and repeated incidents of AI systems losing control, the pace of AI development is expected to conti...
Palantir has expanded its partnership with Nvidia to integrate its enterprise data platform with Nvidia's open AI models, targeting industries like manufacturing and government that require secure, on-premise AI solutions. This approach allows custom...
Nvidia has chosen Palantir to manage the software for its complex 1.3 million-part AI supply chain, marking a significant endorsement despite recent criticism from Jim Cramer, who labeled Palantir "ice cold." This partnership integrates Palantir's Fo...
