Palantir Slips on Anthropic Fears as Trump Voices Support

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Source: Barron's
Palantir Slips on Anthropic Fears as Trump Voices Support
Photo: Barron's
TL;DR Summary

Palantir Technologies’ stock fell more than 7% on Thursday, extending a 37% retreat from its November high as fears about Anthropic’s Mythos AI weigh on the software sector; Wedbush characterized the worries as overblown, highlighting Palantir’s data-mapping Ontology and growing deals, while President Trump publicly offered supportive comments, underscoring the stock’s prominent AI narrative.

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