Third Point's Dan Loeb slimmed down his positions in Alphabet, Amazon, and Facebook in the first quarter of 2021, SEC filings show.
Palantir is on pace to snap a 10-day losing streak as traders weight a top-line revenue beat.
The data surveillance company will configure an operating system that will integrate data for the NNSA's safety analytics project.
Wood's flagship fund bought the dip in Palantir on Wednesday as the data company saw its lowest closing price in almost four months.
Palantir stock saw another double-digit loss day on Friday, continuing its downward spiral since hitting record highs of $39 per share on Jan. 27.
Cathie Wood's ARK Innovation ETF and ARK Next Generation Internet ETF added 2.6 million shares of Palantir on Wednesday as prices pulled back.
Palantir stock slid 13% on Tuesday as insiders take advantage of a lockup expiration to offload shares of the big data company. Co-founder Stephen Cohen and two other top executives sold 2.7 million shares of Palantir since the lockup expired on February 18. The move comes as the price of […]
Palantir's co-founder and two other top executives offloaded 2.7 million shares of the company after a lockup expiration last week.
Palantir’s stock sank on Thursday as a lockup expiration allowed 80% of the company’s shares to trade on the open market. Citi analyst Tyler Radke warned of a potential fall due to the lockup expiration in a note to clients in January. Cathie Wood, CEO of Ark Invest, said she […]
Palantir is facing selling pressure on Thursday after a lockup expiration released 80% of the company's shares to trade publicly.
Palantir posted a surprise loss in its fiscal fourth-quarter earnings on Tuesday, causing the stock to fall. Goldman Sachs analysts thought the quarter was stronger than expected and raised their price target to $US34 per share. The analysts cheered Palantir’s government revenue, margin expansion, and backlog visibility. Sign up here […]
Palantir posted a surprise loss in their Q4 earnings, but Goldman analysts are bullish on the company, citing a path to "sustainable growth."
Palantir stock surged on Friday as the company announced an expanded partnership with BP. The Denver-based Big Data firm will help BP become a net-zero emissions business by 2050. The bullish news follows an investor letter from the Guardian Fund which talked up PLTR’s prospects. Sign up here for our […]
Palantir surged as much as 17% on Monday after a Bloomberg report said the data-mining firm won a three-year contract with the FDA worth $US44 million. Palantir’s software will help drive the FDA’s drug reviews and inspections, according to the report. Visit Business Insider’s homepage for more stories. Palantir surged […]
Palantir jumped as much as 18% to record highs on Tuesday after 13-F filings revealed large stakes scooped up by hedge funds like Steve Cohen’s Point72 and Daniel Loeb’s Third Point Management. On the flipside, Soros Fund Management disclosed a stake in Palantir but said it already sold it, according […]
Investors aren’t seeing the bigger picture regarding Palantir’s discounted valuation, Morgan Stanley analysts said Monday. The bank initiated an “overweight” rating on Palantir’s shares in a note to clients. The analysts’ $US13-per-share price target implies a 31% rally from Monday’s close over the next 12 months. Palantir closed Monday just […]
Data-mining firm Palantir climbed as much as 14% in its first day of trading on the New York Stock Exchange. Palantir opened at $US10 per share, 38% above its reference price of $US7.25. The subsequent climb marked a 14% increase from the opening price. The company began trading under the […]