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Palantir stock rises on new Nvidia partnership after recent losses

Market News
29 Jun 2026
Barrons
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Bullish
Palantir stock rises on new Nvidia partnership after recent losses

Palantir Technologies' shares have started to recover after a seven-day decline, rising on Monday. The stock had dropped 25% in June but the recent announcement of a partnership with Nvidia is seen as a potential catalyst for further gains. This collaboration could help Palantir regain investor confidence and drive the stock price higher in the near future.

More News (PLTR)

AI safety concerns rise as experts quit; cybersecurity firms poised to benefit from AI threat surge

AI safety concerns rise as experts quit; cybersecurity firms poised to benefit from AI threat surge

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...

Analyst Insights
Bullish
8 hours ago
Palantir and Nvidia partner to offer secure AI solutions for sensitive enterprise data.

Palantir and Nvidia partner to offer secure AI solutions for sensitive enterprise data.

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...

Market News
Bullish
9 hours ago
Nvidia entrusts Palantir to run its 1.3 million-part AI supply chain, defying recent skepticism.

Nvidia entrusts Palantir to run its 1.3 million-part AI supply chain, defying recent skepticism.

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...

Market News
Bullish
1 day ago
Nvidia and Palantir launch AI stack to optimize industrial supply chains, with Nvidia as first user.

Nvidia and Palantir launch AI stack to optimize industrial supply chains, with Nvidia as first user.

Nvidia and Palantir have jointly developed a sovereign AI stack designed to improve industrial supply chain management, using Nvidia's Nemotron models and cuOpt software combined with Palantir's Foundry and Ontology. Nvidia is the initial user, apply...

Market News
Bullish
1 day ago
Michael Burry reduces bearish bets on NVIDIA and CoreWeave amid strong AI sector performance.

Michael Burry reduces bearish bets on NVIDIA and CoreWeave amid strong AI sector performance.

Michael Burry, known for his bearish stance on AI-related stocks like NVIDIA and CoreWeave, has reduced his short positions by closing December 2026 put options on NVIDIA due to rapid time decay and strong stock performance. Despite this, he maintain...

Market News
Neutral
1 day ago
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