Palantir, Pentagon and Budget Cuts

Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Palantir Technologies ( PLTR -4.63%) shares have been red hot for the past couple of years, but the stock was tumbling after Defense Secretary Pete Hegseth ordered the Pentagon to slash its $850 billion budget by 8%, or about $50 billion.
Palantir’s Pricey Multiple in Focus as Pentagon Budget Cuts Loom
Last week’s rout in Palantir Technologies Inc. shares has done little to convince skeptics that it’s suddenly a bargain.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,
Palantir Stock Leads S&P 500 Decliners Monday Amid Defense Spending Cut Concerns
Key Takeaways Palantir Technologies shares plunged Monday, extending losses following a report last week that the Trump administration directed the Pentagon to trim the U.S. defense budget.The report raised worries Palantir could be negatively impacted as a contractor for the U.
Palantir Stock Suddenly Falls 10% After Report Of Incoming Pentagon Budget Cuts
The slump materialized after the Post reported Defense Secretary Pete Hegseth ordered Pentagon and U.S. military leaders to create budget cut plans to slash 8% from the defense budget in each of the next five years, with the Post citing unnamed officials familiar with the matter and a memo it reviewed.
Palantir stock sinks as defense budget cuts threaten growth
Palantir (PLTR) stock continues its decline Monday afternoon following Defense Secretary Pete Hegseth's proposal to implement 8% defense budget reductions over the next five years. The news has significantly impacted the data analytics company's stock,
Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
The Trump administration is engaged in a wide-ranging effort to slash government spending and reduce the number of federal workers.
Palantir Technologies Falls 20% on Stock Sales, Defense Cuts
Shares of Palantir Technologies (PLTR) are down 20% from the all-time high hit earlier this month as CEO Alex Karp plans to sell as many as 10 million shares of PLTR and the Defense Dept. plans to cut its budget by up to $50 billion.
Palantir stock slides over 12% on reports of defence budget cuts
Shares of Palantir tumbled as much as 12.5% on Wednesday following a report that the Pentagon has been directed to prepare for 8% annual defense.
Trump administration orders Pentagon to plan for sweeping budget cuts
A senior Pentagon official said that money saved through the cuts could be “realigned” to other defense priorities that President Donald Trump has.
Stock of the day: Palantir's surging stock fell 10% after reports of Pentagon budget cuts
Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.
Palantir leads enterprise stocks lower amid potential DOD budget cuts
Palantir Technologies (NASDAQ:PLTR) led enterprise software stocks lower on Thursday after reports of potential budget cuts by the Department of Defense. Shares of Palantir, which develops software platforms for the intelligence community,
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Palantir Has Lost 25% Of Its Value in the Last Week - What You Need to Know
Palantir Technologies (NASDAQ:PLTR) has been one of the most richly-valued stocks in the stock market. The stock delivered ...
Why Palantir Stock Is Plummeting Today
Shares of Palantir Technologies ( PLTR -8.21%) are trading lower on Monday. The company's stock lost 8.4% as of 11:50 a.m.
S&P 500 Gains and Losses Today: Palantir Plummets On Lingering Defense Spending Fears
The S&P 500 fell by 0.5% on Monday, Feb. 24, as investors weren’t able to rebound from last week’s selloff after reacting to ...