Palantir’s sharp stock drop just prompted one bear to abandon his stance

Palantir’s stock trades at a “frothy” multiple, but one former critic says his view on valuation has evolved somewhat.

Topics

Palantir drops for a second day as cult stock loses momentum

Wednesday's decline came as investors keyed in on the CEO's new stock sale plan and the possibility of defense cuts.
CNBC - Feb. 20
Strategy’s stock surges just in time. Why it’s not enough to halt the bear trend.

The company and bitcoin play saw its stock bounce off a key support area, with Trump’s help, but then ran right into heavy technical resistance.
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Wall Street’s biggest bear says the S&P 500 could drop to 4,200. Here’s his advice for right now.

BCA Research’s Peter Berezin sees a U.S. recession on the horizon — a reason to stay out of stocks.
MarketWatch - 12h
Tesla starts 2025 with sharp drop in sales in Europe

Sales down 45% in January for EV maker led by Elon Musk
Financial Times - Feb. 25
Sharp drop in illegal crossings at U.S. southern border

Apprehensions of migrants attempting to enter the U.S. illegally at the southern border are plummeting. CBS News immigration and politics reporter Camilo Montoya-Galvez has the details from Sunland ...
CBS News - Feb. 25
Sharpe wows with one-handed slam: 'Incredible'

Shaedon Sharpe called his dunk over Justin Champagnie the best of his career, and it was part of his career night in the Blazers' win over the Wizards.
ESPN - 6d
Palantir drops 10% for worst day since May as investors continue dumping onetime market favorite

The stock notched its fourth straight losing session.
CNBC - Feb. 24
Trump's far-right European allies issue rare criticism over his Ukraine stance

President Donald Trump's approach to Ukraine has drawn criticism from France's Marine Le Pen, Dutch populist Geert Wilders and Britain's Nigel Farage.
NBC News - 15h
AppLovin’s stock tumbles as short sellers team up to stoke the bear case

The ad-tech stock is heading for its longest losing streak in more than two years. But it’s still up more than fivefold in the past year.
MarketWatch - Feb. 26

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Palantir’s sharp stock drop just prompted one bear to abandon his stance

Topics

Related

Palantir drops for a second day as cult stock loses momentum

Strategy’s stock surges just in time. Why it’s not enough to halt the bear trend.

Wall Street’s biggest bear says the S&P 500 could drop to 4,200. Here’s his advice for right now.

Tesla starts 2025 with sharp drop in sales in Europe

Sharp drop in illegal crossings at U.S. southern border

Sharpe wows with one-handed slam: 'Incredible'

Palantir drops 10% for worst day since May as investors continue dumping onetime market favorite

Trump's far-right European allies issue rare criticism over his Ukraine stance

AppLovin’s stock tumbles as short sellers team up to stoke the bear case

More from MarketWatch

Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?

Why ‘Trump Turmoil’ has made a U.S. recession much more likely

Marvell’s stock sinks on earnings, showing Wall Street’s harsh view of AI plays

Victoria’s Secret says year will ‘gradually get better’ despite wobbly consumer confidence

My husband gave his credit card to his son to pay for ‘medical bills.’ Does this kind of support send the wrong message?

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