Palantir Technologies Inc. (PLTR) PT Raised to $30 at Citi

Palantir (PLTR) August 28 calls active as share price up 7% to $28

Palantir (NYSE: PLTR) 30-day option implied volatility is at 55; compared to its 52-week range of 36 to 87. Call put ratio 2.6 calls to 1 put with focus on August 28 calls as share price up 7% to $28.

Palantir to deploy AI products on Microsoft Azure for U.S. government agencies

(Reuters) - Palantir Technologies said on Thursday it will offer its products, including the Artificial Intelligence Platform (AIP) on Microsoft's cloud platforms, which cater to the U.S. government and federal agencies such as the Department of Defense.

The data analytics company will deploy its products, including the "Gotham" software which assists in locating... More

Palantir (PLTR) and Microsoft (MSFT) Partner to Deliver Enhanced Analytics and AI Services to Classified Networks for Critical National Security Operations

Palantir Technologies Inc. (NYSE: PLTR) and Microsoft Corporation (NASDAQ: MSFT) announce today a significant advancement in their partnership to bring some of the most sophisticated and secure cloud, AI, and analytics capabilities to the U.S. Defense and Intelligence Community. This is a first-of-its-kind, integrated suite of technology that will allow critical national security missions to operationalize Microsofts best-in-class Large Language Models (LLMs) via Azure OpenAI (AOAI) Service within Palantirs AI Platform (AIP) in Microsofts government and classified cloud environments.

Palantir and Microsoft have a long... More

Palantir (PLTR) and Wendy’s (WEN) Partner on AI and Supply Chain Digitalization

Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems, and Wendys (NASDAQ: WEN) Quality Supply Chain Co-op (QSCC) today announced they have partnered to accelerate digital transformation, AI adoption and operational decision making across the Co-op.

This partnership will bring QSCC towards a fully integrated Supply Chain Network with opportunities for AI-driven, automated workflows as well as a future Wendys connected ecosystem of suppliers, distributors and restaurants. The cost savings and efficiencies from transforming QSCC into a digital forward company will benefit all Wendys... More

Palantir Technologies Inc. (PLTR) PT Raised to $16 at Goldman Sachs

Goldman Sachs analyst Gabriela Borges raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $16.00 (from $14.00) while maintaining a Neutral rating.

The analyst comments "Palantir is up 14% on 8/6 after reporting 2Q24 revenue 4% above the Street and operating margins ~470bps above (FactSet). Palantir raised... More

Palantir Technologies Inc. (PLTR) PT Raised to $30 at BofA Securities

BofA Securities analyst Mariana Perez Mora raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $30.00 (from $28.00) while maintaining a Buy rating.

The analyst comments "We liken the market, industry, and investor attitudes toward AI to that of the California gold... More

Midday movers: Palantir, Uber, Kenvue rise; Vulcan Materials falls

(Updated - August 6, 2024 12:30 PM EDT)

Investing.com -- U.S. stock futures rose Tuesday, rebounding after the previous session recession-inspired sharp losses.

Here are some of the biggest U.S. stock movers today:

Palantir (NYSE: PLTR) stock rose 13% after the software services provider raised its annual revenue and profit forecast for the second time this year.

Caterpillar... More

William Blair Reiterates Underperform Rating on Palantir Technologies Inc. (PLTR)

William Blair analyst Louie DiPalma reiterated an Underperform rating on Palantir Technologies Inc. (NYSE: PLTR)

The analyst comments "Valuation and Risks. Palantir is trading at a $68 billion market capitalization, compared with Snowflakes (SNOW $112.63; Outperform) $38 billion, even though Snowflake has greater revenue ($3.5 billion... More

Palantir Technologies Inc. (PLTR) PT Raised to $38 at Wedbush

Wedbush analyst Dan Ives raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $38.00 (from $35.00) while maintaining a Outperform rating.

The analyst comments "We are raising our price target to $38 from $35 as the AIP story now takes hold for the Palantir story. We maintain our OUTPERFORM rating with our bull case $50. This was a game changer quarter for the Palantir story as the AIP... More

Palantir (PLTR) Files Mixed Shelf

Palantir (NYSE: PLTR) has filed mixed shelf of:

Class A Common Stock
Preferred Stock
Debt Securities
Depositary Shares
Warrants
Subscription Rights
Purchase Contracts
Units

Stocks expected to have increasing option volume: BA SPR HIMS LUV PLTR LCID LUMN JMIA

Stocks expected to have increasing option volume: BA SPR HIMS LUV PLTR LCID
LUMN JMIA

US futures, Nikkei rebound, Google's case - what's moving markets

Investing.com -- The Wall Street indices are set to rebound Tuesday after the previous session's slump, following on from Nikkei's bounce, while Alphabet's Google lost an antitrust case in the U.S. 

U.S. stock futures rose Tuesday, rebounding after the previous sessions sharp losses on concerns that the U.S. economy was heading towards recession. 

By 04:25 ET (08:25 GMT), the Dow futures contract was 240 points, or 0.6%, higher, S&P 500 futures climbed 50 points, or 0.9%, and Nasdaq 100 futures... More

Citi Reiterates Neutral Rating on Palantir Technologies Inc. (PLTR)

Citi analyst Tyler Radke reiterated a Neutral rating and $28.00 price target on Palantir Technologies Inc. (NYSE: PLTR).

The analyst comments "Palantirs Q2 results were impressive, especially against a choppy software demand backdrop, with one of the strongest revenue beats ($25M) in... More

Palantir Technologies Inc. (PLTR) PT Raised to $24 at Mizuho

Mizuho analyst Matthew Broome raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $24.00 (from $22.00) while maintaining a Underperform rating.

The analyst comments "We give credit where credit is due, as PLTR reported a very good quarter well above expectations. This was led... More