Today, May 5, 2026, Micron's jump on high-capacity SSD demand helped power a broader chip-led advance in U.S. stocks.
PLTR's explosive Q1 shows surging revenue, margins, and AI demand, but capacity limits and rising competition complicate the bullish case.
Palantir's results were about as strong as Wall Street could've hoped for. The stock's falling anyway.
Palantir Technologies Inc. (NASDAQ:PLTR) shares tumbled Tuesday, giving Michael Burry fresh ammunition in his latest shot at the software and defense-AI favorite.

Why Broadcom Stock Popped on Tuesday

02:46pm, Tuesday, 05'th May 2026
The semiconductor and networking specialist is rising on strong results from another major AI player.
Softer-than-expected U.S. commercial revenues appeared to outweigh raised sales guidance.
Palantir Technologies NASDAQ: PLTR delivered a blockbuster Q1 2026 earnings report after the market closed on May 4. But 85% year-over-year (YOY) revenue growth and a Rule of 40 score of 145%, among o
AI is the headline. The math might be the real story.
Palantir's 2026 first-quarter earnings results beat Wall Street estimates on both the top and bottom lines.

Palantir falls despite strong earnings report

01:40pm, Tuesday, 05'th May 2026
Palantir Technologies (PLTR) is pulling back even after a strong earnings report, as solid numbers were not enough to clear a very high bar set by investors.The
Shares of Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) are down 7% in midday trading Tuesday, changing hands near $136 after the company delivered a blowout Q1 2026 earnings report and
Palantir Technologies Inc (NASDAQ:PLTR) reported upbeat financial results for the first quarter of 2026 after the market close on Monday.
Palantir Technologies (NASDAQ:PLTR) stock is trading lower on Tuesday following its first-quarter financial results after yesterday's market close. Analysts are mixed on what to expect from the compan
Palantir (PLTR) is under pressure Tuesday morning despite beating earnings expectations and raising forward guidance—highlighting investor concerns beneath the surface. Marley Kayden breaks down the
Palantir warned that “we are seeing the death of legacy software.”
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