Palantir Technologies(US:PLTR) Benzinga·2025-11-05 07:28Market Overview - The CNN Money Fear and Greed index increased to 22.5, entering the "Extreme Fear" zone from a previous reading of 28.8, indicating heightened market fear [5] - U.S. stocks closed lower, with the Nasdaq Composite dropping approximately 2% as investors reacted to corporate earnings that were solid but not exceptional, leading to profit-taking after significant year-to-date gains [1] Company Performance - Palantir Technologies Inc. (NASDAQ:PLTR) saw a decline of around 8% despite surpassing Wall Street estimates and raising its full-year guidance, attributed to sell-the-news behavior following a 170% stock surge in 2025 [2] - Uber Technologies Inc. (NYSE:UBER) fell over 5% after disappointing earnings results, contributing to the downward pressure on Wall Street [2] Economic Indicators - The Logistics Manager's Index remained unchanged at 57.4 in October, consistent with the previous month's reading, indicating stable logistics activity [3] - Most sectors within the S&P 500 experienced losses, particularly communication services, consumer discretionary, and information technology, while consumer staples and financial stocks performed better, closing higher [3] Index Performance - The Dow Jones Industrial Average closed down approximately 251 points at 47,085.24, the S&P 500 decreased by 1.17% to 6,771.55, and the Nasdaq Composite fell by 2.04% to 23,348.64 during the session [4] - Investors are anticipating earnings results from major companies such as McDonald's Corp. (NYSE:MCD), Qualcomm Inc. (NASDAQ:QCOM), and Humana Inc. (NYSE:HUM) [4]