Palantir Stock Slips Despite Q1 Revenue Beat, Guidance Boost
Shares of Palantir Technologies Inc (NYSE:PLTR) are 8.3% lower at 884 million, topping estimates of $863 million, while adjusted earnings of 13 cents per share matched forecasts. However, the stock is under pressure as traders weigh the modest size of the beat, slowing customer growth, weakness in Europe, tariff-related concerns, and valuation headwinds. PLTR has fini ...