$PLTR

ServiceNow (NOW) stock rose 5% to $146.93 after denying acquisition interest in Decagon. Salesforce (CRM) gained 4% to $245.39, while Palantir (PLTR) fell 0.9% to $199.07. ServiceNow's management emphasized focus on organic growth. The iShares Expanded Tech-Software Sector ETF (IGV) rose 0.9%, while the Invesco QQQ Trust (QQQ) fell 0.7%.

Palantir (PLTR) trades at $200.97 with 93% revenue growth, but high valuation multiples (180x earnings, 81x sales) leave little room for error. Q2 revenue hit $1.94B (+92.8% YoY), with U.S. commercial revenue up 149%. Management raised FY guidance to ~82% growth. Analysts see 2.1% upside to $205.27. High expectations and rising expenses pose risks.

Josh Brown of Ritholtz Wealth Management compares investing in Palantir (PLTR) to a roller coaster ride due to its high volatility. The stock has a beta of 1.6 and a 71% annualized standard deviation over five years. Palantir's revenue grew 93% YoY to $1.94B in Q2 2026, with strong commercial and government segments. The company trades at 59x this year's revenue guidance. Technical analysis suggests potential upside but also significant risk.

Figma and Palantir are compared on financial health, risks, and valuation. Figma has no debt, high liquidity, but faces AI competition and cloud dependency. Palantir has concentrated revenue, long sales cycles, and geopolitical risks. Palantir's Q2 2026 showed strong growth and raised guidance, while Figma's stock fell due to AI costs. Palantir trades at a higher valuation but shows strong earnings and growth.

Mizuho Securities raised its price target for Palantir Technologies to $245 from $215. The company's stock is currently trading at $200.97, down 3.69%. Customers Bank plans to use Palantir's Foundry and AI platforms to enhance customer experience.

Customers Bancorp (CUBI) reported a 17% year-over-year increase in client deposit accounts. The bank is collaborating with Palantir to implement AI-assisted account opening to enhance customer experience and scale onboarding. CUBI is a top-performing bank with a Net Promoter Score of 81, significantly above the industry average of 41.

Cboe Global Markets will extend options trading hours for 24 stocks and 5 ETFs, including AAPL, MSFT, and SPY, from 7:30 a.m. to 9:25 a.m. and 4:00 p.m. to 4:15 p.m. ET, starting Monday. The SEC approved the expansion, which aims to provide more trading flexibility and manage risk. Brokers like Robinhood and TradeStation will offer trading during these sessions.

ARK Invest sold 31,432 Palantir shares ($6.3M) on Oct. 14, per disclosures. PLTR fell 3.7% that day. Q2 revenue rose 93% YoY to $1.94B, with U.S. commercial sales up 149%. Palantir raised its FY revenue forecast to $8.15B-$8.16B. Analysts' avg. price target is $210.67, suggesting ~5% upside.

Palantir Technologies (PLTR) CTO Shyam Sankar criticized AI hype, citing an unproven claim that some researchers started smoking, believing AI will cure cancer before cigarettes harm them. Sankar warned of 'mass psychosis' around AI, urging focus on practical applications. PLTR stock traded around $208.81 during the report. The article advises investors to prioritize measurable business metrics over speculative AI promises.

Palantir (PLTR) shares fell to $200 after reaching a record $213, driven by concerns over rising borrowing costs in AI infrastructure and elevated valuation. Goldman Sachs upgraded PLTR to Buy with a $230 target, citing strong growth and demand for secure software. Q2 revenue was $1.94B, up 93% YoY, but sector-wide selling pressure impacted PLTR and other tech stocks.