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Software's biggest winners are selling off hard today while the broader tech index barely flinches, and the disconnect between those two moves reveals something traders need to understand before Snowflake's report hits after the close.
Palantir Technologies Inc. (NASDAQ:PLTR) reported unrealized gains from its investment in Space Exploration Technologies Corp. (NASDAQ:SPCX), boosting its second-quarter earnings, making it the latest major technology company to benefit from the Elon Musk-led company’s blockbuster public debut. SpaceX Stake Added to Quarterly Earnings During the company’s second-quarter earnings call on Monday, CFO David Glazer said unrealized gains from the company’s SpaceX investment contributed $0.03 to GAAP
Palantir Shares Tumble After Monster Rally as Wall Street Turns Cautious Before Q2 Results
Palantir Falls as Investors Cash Out Ahead of Critical Earnings Report
Wall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...
A Wedbush analyst is dismissive of the investor panic over the selloff in PLTR stock. Is now the time to sell or buy more?
Commercial miss and valuation weigh on reaction
All three major US stock indexes were up in late-morning trading Tuesday, as oil prices slid despite
Palantir reported Q1 earnings and revenue that beat estimates amid strength in its U.S. government business.
HSBC Cuts Palantir Technologies as Explosive AI Competition Threatens Growth Story
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