Defense Spending Isn’t Getting a $300 Billion Cut. What It Means for Lockheed, Northrop, and Other Stocks.
Uncertainty over cuts to military spending have hammered key contractors in recent weeks. The worst-feared scenario doesn’t seem to be happening, though.
Palantir stock extends losses on expected defense budget cuts
Palantir Technologies (PLTR) shares extend losses in Thursday's pre-market after the Trump administration ordered Defense Secretary Pete Hegseth to enact an 8% cut in military spending every year for the next five years.
Stock of the day: Palantir slumps on US defense budget cuts and CEO share sale
Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.
Palantir stock tanks 13% on Trump defense cuts and CEO's sell-off plans
Shares of Palantir (PLTR) dropped nearly 13% on Thursday morning amidst news that its CEO is planning a new share sales initiative and a media report indicating that the Trump administration has instructed the Pentagon to reduce the U.
Palantir leads enterprise stocks lower amid potential DOD budget cuts
Palantir Technologies (NASDAQ:PLTR) led enterprise software stocks lower on Thursday after reports of potential budget cuts by the Department of Defense. Shares of Palantir, which develops software platforms for the intelligence community,
Palantir stock sinks after report Trump administration is eyeing large defense budget cuts
Palantir stock fell more than 5% Thursday, adding to its 10% drop the prior day, following a report the Trump administration is planning deep cuts to the defense budget.
Palantir Falls On CEO Share Sale Plan, Possible DOD Budget Cut
Palantir stock dropped Wednesday on news that its CEO has a new share sale plan and that the Pentagon may cut its budget.
Palantir CEO Alex Karp made nearly $2 billion from selling company stock last year—mostly in the leadup to the presidential election
Palantir’s stock surge—over 600% in one year, before this week’s slide —has made its CEO Alex Karp a wealthy man. Karp sold ...
Why These 15 Defense Stocks Are Skyrocketing So Far In 2025
A Republican administration usually points to a good time for defense stocks and the military-industrial complex as a whole.
Investors Scout for 'Hidden' Defence Plays as Rally Broadens
BofA Global Research called TKMS a "hidden" defence stock, valuing it at half of Thyssenkrupp's market capitalisation.
Stock futures are little changed after Thursday's sell-off on Wall Street: Live updates
U.S. stock futures were little changed on Thursday night after the major averages slid following a lackluster earnings ...
Why Palantir Technologies Stock Crashed (Again) on Thursday
After defying gravity for the past couple of years, Palantir Technologies ( PLTR -5.17%) has finally hit turbulence, with the ...
Palantir stock continues slide on Thursday: why these analysts remain bullish
Palantir shares continued to decline on Thursday, extending a sharp sell-off. The stock fell nearly 9%, following Wednesday’s ...
Palantir Stock: Why One Analyst Says to Buy the Dip
Palantir stock is continuing to slide Thursday as investors weigh a CEO stock sale and potential defense budget cuts. Here’s ...
Why Palantir Stock Plummeted Today
Shares of Palantir Technologies ( PLTR -10.08%) fell on Wednesday. The company's stock lost 10.1% as of market close and lost ...
Palantir (PLTR) Sinks as the Pentagon Prepares to Slash the Defense Budget
Palantir’s (PLTR) share price plummeted by as much as 12.5% on Wednesday after a report by The Washington Post said that the ...