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Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.
The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform (AIP) that provides unified access to open-source, self-hosted, and commercial large language models (LLM) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered in Denver, Colorado.
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Expand NASDAQ: PLTR Palantir Technologies Today's Change (-1.87%) $-2.44 Current Price $128.05 Key Data Points Market Cap $312B Day's Range $122.68 - $129.20 52wk Range $85.47 - $207.52 Volume 4.4M Avg Vol 50M Gross Margin 82.37% Palantir Technologies (PLTR 1.87%), a data integration and analytics specialist, closed Friday at $128.06, down 1.90%. Shares moved lower as investors responded to renewed bearish commentary from Michael Burry and debate over AI competition, while investors are watching whether Palantir can defend its premium AI valuation.

His critique — that Anthropic offers an easier, cheaper, more intuitive path for corporate AI than Palantir's heavier software stack — helped knock Palantir down more than 6% on Wednesday and over 7% Thursday, adding to a year‑to‑date slide that's left shares nearly 30% off their highs.

Broadcom emerges as the stronger AI stock pick, fueled by surging AI revenues, robust margins, and diversified growth versus Palantir's valuation concerns.

Understanding the Power Inflow Signal

Big Short investor Michael Burry made a big bet on Palantir stock falling las tyear. Burry recently said that Anthropic is "eating Palantir's lunch.

Wall Street is climbing a wall of worry on the last day of the week.

Renowned investor Michael Burry has reaffirmed his bearish position on Palantir Technologies, even as a public endorsement from Donald Trump provided temporary support to the stock. In a Substack post published on Friday, Burry revealed that he continues to hold long-dated put options against the artificial intelligence software firm.

Ceasefire headlines triggered a relief rally in chip and AI stocks, with Intel up 22%, Micron up 13%, and Broadcom up 20% over five days. Oil stocks like ExxonMobil and Chevron declined on peace hopes, but remain significantly up year-to-date; crude oil prices are still elevated versus start-of-year levels.

In a post declaring, "Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment. Just ask our enemies!

“Big Short” investor Michael Burry is sticking with his bearish bet against defense tech company Palantir Technologies. Burry said in a Substack post that he's still holding long-dated put options on Palantir.

President Donald Trump lauded Palantir in a post to Truth Social on Friday as the stock headed for a plunge this week. Palantir's tools are reportedly being used in Iran, and the company is benefitting from its ties to the Trump administration and government contracts.

Anthropic tripled its revenue in four months, while Palantir revenue grew only 70% last quarter. Investors are starting to worry that Anthropic will eat all software market share everywhere -- Palantir's included.

Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) stock is extending a brutal four-day losing streak in early trading on Friday, falling another 5% to around $124 after closing Thursday at $130.49.

Shares of Palantir (NASDAQ:PLTR | PLTR Price Prediction) took a major hit on Thursday, plunging by more than 7% alongside the broader software scene, which is increasingly nervous about the AI impact following Anthropic's latest AI model, Claude Mythos, which is so powerful that it's only going to be released to tech firms.

Some AI stocks may have taken a hit lately, but solid underlying fundamentals suggest that the category can make a solid comeback by the end of 2026.