Reported about 23 hours ago
Palantir Technologies, known for its AI-driven data analytics software, has faced significant selling pressure in 2025, closely tied to its reliance on U.S. government spending. While concerns arise over potential budget cuts from the newly formed Department of Government Efficiency (DOGE), led by Elon Musk, the company's strong revenue growth from government contracts may provide insulation from significant impacts. However, the stock remains highly valued, complicating investment prospects amid fears of overvaluation despite ongoing AI demand.
Source: YAHOO