Palantir, Pentagon and Slashing Budget

Stock of the day: Palantir's surging stock fell 10% after reports of Pentagon budget cuts
Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.
Palantir Stock Suddenly Falls 10% After Report Of Incoming Pentagon Budget Cuts
The slump materialized after the Post reported Defense Secretary Pete Hegseth ordered Pentagon and U.S. military leaders to create budget cut plans to slash 8% from the defense budget in each of the next five years, with the Post citing unnamed officials familiar with the matter and a memo it reviewed.
Palantir Drops 10% on Report of Pentagon Slashing Budget
Palantir Technologies Inc. shares fell 10% on Wednesday, and continued to slide in after-hours trading, following a report that US Defense Secretary Pete Hegseth has asked officials for plans on how to slash military spending.
Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
CNBC's Andrew Ross Sorkin reports on the latest news.
Palantir stock sinks after report Trump administration is eyeing large defense budget cuts
Palantir stock fell more than 5% Thursday, adding to its 10% drop the prior day, following a report the Trump administration is planning deep cuts to the defense budget.
Palantir shares plunge on news of Pentagon budget cuts order
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