Palantir Shares Plummet Amid Proposed Defense Budget Cuts

Reported about 4 hours ago

Palantir's stock has fallen sharply following Defense Secretary Pete Hegseth's proposal for an 8% reduction in the defense budget over the next five years, marking the company's steepest decline in four days since 2022. Financial analysts are discussing the implications of these cuts on Palantir's growth prospects.

Source: YAHOO

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