Updated
Updated · Bloomberg · May 4
Palantir shares fall amid software selloff over AI concerns
Updated
Updated · Bloomberg · May 4

Palantir shares fall amid software selloff over AI concerns

13 articles · Updated · Bloomberg · May 4
  • Ahead of first-quarter earnings, the data-analytics company is down about 9% since the day after its last quarterly report and 19% this year.
  • The drop reflects a broader retreat in software stocks as investors worry artificial intelligence tools could erode earnings growth across the sector.
  • Palantir now faces pressure to convince investors its business has been unfairly swept into a months-long, largely indiscriminate software market selloff.
Amid a software market crash, can Palantir's stellar growth and huge government deals defy the industry's AI-driven fears?
Is Palantir’s platform a revolutionary AI operating system, or just a sophisticated data trap for its high-profile clients?