PLTR Oct 2024 18.000 call
| Previous Close | 6.86 |
| Open | 7.05 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 18.00 |
| Expire Date | 2024-10-18 |
| Day's Range | 6.86 - 7.05 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 751 |
- Yahoo Finance Video
Palantir isn't the 'cutting-edge' AI play it aims to be: Analyst
Palantir (PLTR) shares are sliding in after-hours trading even after the tech company raised its full-year guidance. RBC Capital Markets Software Equity Analyst Rishi Jaluria joins Yahoo Finance to break down Palantir's first quarter earnings and the market's reaction amid an artificial intelligence race. Palantir topped its first quarter sales expectations yet saw a decrease in US commercial growth from 70% to 40%. Jaluria attributes the slow US commercial growth to Palantir's status as an "over-hyped generative AI beneficiary company," pointing to mixed messaging around its artificial intelligence capabilities and skepticism over its boot camp strategy. "Everyone wants to play the AI game...I just don't think Palantir is that cutting-edge generative AI company that they claim it to be," Jaluria warns, pointing to more established tech companies like Microsoft (MSFT) as a stronger option. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Melanie Riehl
Investor's Business DailyDow Jones Futures Rise As Disney Dives On Sales Miss; Palantir Plunges On Earnings
Stock Market Today: Dow Jones futures rose Tuesday as Disney dived on a revenue miss. AI stock Palantir plunged on earnings.
- Reuters
US STOCKS-Wall St set to stall at open after recent run
U.S. stock index futures indicated a mixed open on Tuesday after recent gains on expectations that the Federal Reserve will cut interest rates this year, as shares of Walt Disney slid following quarterly results. Walt Disney fell 5.1% in premarket trading, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
