Palantir's stock fell 10% on February 19 after the WaPo reported US Defense Secretary Pete Hegseth plans to cut military spending; PLTR is up 50%+ in 2025 (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
Palantir's stock fell 10% on February 19 after the WaPo reported US Defense Secretary Pete Hegseth plans to cut military spending; PLTR is up 50%+ in 2025  —  - Spending shift would affect 8% of US defense spending  — AI-focused Palantir has become major government contractor

Posted from: this blog via Microsoft Power Automate.

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