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Palantir's bull run stalls as Burry bets against the AI darling
Yahoo Financeยท2025-11-04 07:16

By Zaheer Kachwala (Reuters) -Palantir Technologies fell around 6% on Tuesday as a strong quarterly update from the company failed to extend its record-breaking rally. The company, which has more than doubled in value this year, forecast fourth-quarter revenue above market expectations on Monday, driven by a rapid AI adoption boosting demand for its data analytics services. The company's stock has been riding on its strong relationship with the U.S. government after it won a slew of contracts, including ...