Palantir shares plunge after disappointing quarterly results
Tuesday, May 6, 2025, 10:20 am
Palantir’s stock took a steep dive as quarterly earnings left investors unimpressed amid rising international caution. Both reports underscore missed targets and growing concerns about future growth, sending a clear message that even tech powerhouses aren’t immune to market turbulence – a harsh reality wrapped in fiscal irony.
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Palantir also raised its full-year revenue outlook to between US$3.89 billion and US$3.90 billion.
Palantir fell more than 10% even after the company hiked its guidance as AI demand fueled revenue growth.
Palantir shares dive after quarterly results fail to impress investors Reuters
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