NVIDIA CorporationImpact on stocks 2
NVIDIA Corporation
Palantir Technologies Inc.Palantir Technologies shares fell 6% in Thursday morning trading to around $106.50, hitting fresh 52-week lows and deepening a roughly 40% decline in 2026. The drop is part of a broader AI software selloff dubbed the "SaaSpocalypse" that is repricing high-multiple names, with Palantir's trailing P/E near 144x and free-cash-flow yield under 1% leaving it exposed. Michael Burry holds a publicized short position, while company-specific overhangs include France's intelligence agency transitioning off Palantir's tools and renewed scrutiny of the UK NHS contract. Despite first-quarter revenue surging 85% year over year to $1.63 billion and full-year revenue guidance raised to $7.65 billion to $7.66 billion, the stock's technical picture has weakened, with traders closely watching whether it breaks below the $100 psychological level.
NVIDIA Corporation
Palantir Technologies Inc.