Palantir (PLTR) Cuts About 2% Of Jobs In Effort To Reduce Costs - Bloomberg
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Bank of America comments on insider trading at Palantir Technologies (PLTR)
February 28, 2023 10:12 AM ESTBank of America reiterated a Buy rating on Palantir Technologies (NYSE: PLTR) after the technology company published its 10K annual filing.
Analyst Mariana Perez Mora wrote in a note, Some investors negatively reacted to the post-earnings insider selling actions by CFO David Glazer and the Chief Revenue Officer. However, we found the... More
Palantir (PLTR) cuts 2% of workforce
February 27, 2023 1:22 PM ESTPalantir Technologies (NYSE: PLTR) confirmed Monday that the Data analysis firm is cutting about 2% of its workforce as layoffs continue to hammer the tech industry.
We believe our company is at an inflection point and to continue to evolve, we are making the tough choice of reducing teams in several areas, the company said in an emailed statement.... More
