Big news about Palantir, a tech company that helps the US government! Their stock price went down because there might be less money for the military. Palantir makes cool technology for the army and other countries, and this could affect their sales.
- Palantir's stock dropped 10%.
- The US government might cut military spending.
- Palantir makes a lot of money from government contracts.
- This could mean less work for Palantir.
| Fact | Number |
|---|---|
| Palantir's stock increase this year | Almost 50% |
| Government sales make up of Palantir's revenue | More than half |
| Potential defense budget cuts over five years | 8% each year |
