Palantir Technologies shares dropped 4% to around $130, extending a 26% decline in 2026 despite reporting 85% revenue growth and raising full-year guidance. The stock's fall is attributed to valuation compression after a high multiple in 2025 and a market rotation favoring laggards over high-growth names. Concerns include competition, insider selling, and data privacy issues. While some analysts maintain bullish targets above $180, investors are cautious due to the stock's rich valuation and upcoming Q2 results guidance of about $1.8 billion in revenue.
Palantir CEO Alex Karp likened companies' excessive use of AI to compulsive behavior, saying many firms are 'token maxing'—using AI heavily without solving real problems. He revealed Palantir developed an internal tool to help companies reduce this u...
Palantir forecasted a 71% revenue growth for 2026 following an 85% year-over-year increase in Q1, yet its stock has fallen over 20% this year due to high valuation and negative sentiment, including insider selling and critiques from notable investors...
Toobit, a global cryptocurrency exchange, has launched a trading campaign focused on its SpaceX Zone, featuring assets linked to space technology and decentralized finance. Running from June 5 to July 3, 2026, the campaign offers a $200,000 USDT rewa...
The Trump Ballroom Tracker, an index tracking companies donating to Trump's ballroom project, has gained about 26% in 2026, outperforming the S&P 500's 10.82% rise by 15.18 percentage points. Key contributors include Micron Technology with a 352.5% r...
