$Palantir Technologies Inc.(PLTR)$ The stock has been consolidating between $170–190 after a strong rally. Price is holding above the 20 & 50-day EMAs, but momentum has flattened. A breakout above $190 on volume could trigger a move toward $205–210. A drop below the 50-day EMA risks a deeper pullback
Modified in.11-03
Palantir Scores US Navy AI Deal: Has Rebound Trend Been Confirmed?
Palantir jumped over 5% in after-hours trading as the company announced a significant contract win with the U.S. Navy. The deal focuses on deploying Palantir’s advanced AI platforms to speed up the development and manufacturing of submarines—an area where the Pentagon is rapidly increasing investment.
Will this contract meaningfully boost Palantir’s long-term revenue trajectory? What does it signal for defense-related AI stocks?
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