From 24/7 Wall St. · David Moadel · · 1m
Palantir Rises 4% as Software Stocks Rally
Palantir stock up 4% as AI platform names lead software rally.
In brief
Palantir stock up 4% as AI platform names lead software rally. Palantir Technologies stock rose 4% to $199.41 after AI platform names drove software stocks higher, while ServiceNow gained 3% and Salesforce held flat. Originally reported by 24/7 Wall St..
Palantir Rises 4%
Palantir Technologies stock is up 4% to $199.41 in afternoon trading.
Software Stocks Rally
The iShares Expanded Tech-Software Sector ETF is up 2% to $108.98, outpacing large-cap technology.
ServiceNow Gains 3%
ServiceNow stock is up 3% to $153.33, trailing Palantir stock.
Salesforce Holds Flat
Salesforce stock is down 0.2% to $242.07, missing the rally.
Federal Partnership Deal
Knox Systems announced a partnership with Palantir for federal government cloud environments.
AI Platform Names Lead
Palantir’s AI focus and federal channel set it apart from ServiceNow and Salesforce.
Next Test: Q3 Report
Palantir’s third-quarter 2026 report will test government growth momentum.
The essence
Palantir Technologies stock rose 4% to $199.41 after AI platform names drove software stocks higher, while ServiceNow gained 3% and Salesforce held flat.
