Palantir shares 7% lower in premarket after results fail to justify lofty valuation

  • Palantir Technologies Inc (NYSELTR) shares were marked 7% lower ahead of the bell on Tuesday, as investors reacted to strong but not spectacular first-quarter results that failed to sustain one of the tech sector's top-performing stocks this year. Revenue rose 39% to $884 million, beating forecasts, and the company raised its 2025 guidance to $3.9 billion.