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Palantir

Palantir stock tanks 13% over CEO's sell-off plans and Trump's cuts

Quartz

qz.com › palantir-ceos-sell-off-plans-trump-defense-budget-cuts-1851765646

Shares of Palantir (PLTR) dropped nearly 13% on Thursday morning amidst news that its CEO is planning a new share sales initiative and a media report indicating that the Trump administration has instructed the Pentagon to reduce the U.S. defense budget.

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Walmart, Alibaba, Palantir, Meta, Block: Stocks in motion and in the news

Quartz

qz.com › stocks-drop-walmart-alibaba-meta-palantir-block-1851765618

US stocks fell Thursday morning, with the S&P 500 down 0.7%, the Dow Jones Industrial Average off 0.7% and the Nasdaq 0.9% lower. Initial jobless claims rose by 5,000 in the week ended Feb. 15 to a seasonally adjusted total of 219,000, slightly higher than expected.

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