Amrita Roy recommends buying the iShares Expanded Tech-Software Sector ETF (IGV) to balance risks from individual software stocks and capture potential sector gains. Strong Q1 FY26 earnings from Palantir and ambitious targets from ServiceNow indicate a shift in the AI and SaaS market dynamics. Additionally, better-than-expected results from Atlassian, Twilio, and Zeta have led to a positive rerating of these stocks. IGV has outperformed a basket of high-conviction software stocks recently, making it a good option for diversified exposure and risk mitigation in the volatile software sector.
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 m...
Tesla is holding support around $400-$420 with potential to rise to $490, though high interest rates may cause a pullback. Palantir is consolidating near $128 with limited momentum but could eventually move higher towards $160. Microsoft is in a shor...
Ukrainian President Volodymyr Zelenskyy met with Palantir CEO Alex Karp to discuss expanding cooperation in defense technology. Palantir's software has been instrumental in Ukraine's defense against Russian aggression since 2022, aiding in battlefiel...
Palantir's stock trades sideways at $137.80 despite an 85% revenue growth in Q1 2026 and a 71% revenue growth forecast for the full year. The company excels in AI software with strong gains in U.S. commercial and government sectors, but the stock has...
Retail traders are showing strong bullish sentiment by buying call options on major tech stocks, including the 'Mag 10' group like AMD, Palantir, and Broadcom, at the highest rate since 2021. This surge in call-buying reflects growing optimism about ...
