Big news about Palantir, a company that makes super-smart computer programs for the government! Its stock price went down because people worry about less money from the Pentagon. This happened after news about possible budget cuts.
- Palantir's stock dropped a lot, making some investors nervous.
- The US government might cut its spending on defense.
- Palantir gets most of its money from government contracts.
- Some experts think Palantir's special software could actually get *more* money, despite the cuts.
Thing | Number |
---|---|
Stock price drop (Monday) | 10% |
Stock price drop (since last Wednesday) | 20%+ |
Potential Pentagon budget cut per year | 8% |