Palantir's Stock Surge, Tech Funding Deal Concerns
Update: 2025-12-18
Description
Palantir Technologies shares surged by nearly five percent following encouraging inflation data, suggesting a potential interest rate cut by the Federal Reserve. However, the stocks volatility led to a slight cooldown. Meanwhile, a ten-billion-dollar data center deal between Oracle and Blue Owl Capital stalled, raising concerns about large tech companies reliance on risky private equity deals. Despite these concerns, Palantir has seen significant long-term growth, with a one thousand dollar investment in January 2018 now worth over seven thousand dollars.
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