Palantir Technologies is trading at €139.00, down 7.66%, as investors reassess AI-related stocks amid concerns over tighter oversight of AI development and data-center expansion following the Democratic sweep.
- Reuters reported losses in chip and data-center-related shares; Qualcomm’s weak smartphone-chip outlook added to sector pressure.
- Investors remain focused on Q3 contract-value growth slowing to 6% from 49% in Q2, despite revenue and earnings beats. This is recent earnings context, not a new announcement on November 5.