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Palantir's stock fell 10% on February 19 after the WaPo reported US Defense Secretary Pete Hegseth plans to cut military spending; PLTR is up 50%+ in 2025 (Lizette Chapman/Bloomberg)
Lizette Chapman / Bloomberg: Palantir's stock fell 10% on February 19 after the WaPo reported US Defense Secretary Pete Hegseth plans to cut military spending; PLTR is up 50%+ in 2025 — - Spending shift would affect 8% of US defense spending — AI-focused Palantir has become major government contractor
Lizette Chapman / Bloomberg:
Palantir's stock fell 10% on February 19 after the WaPo reported US Defense Secretary Pete Hegseth plans to cut military spending; PLTR is up 50%+ in 2025 — - Spending shift would affect 8% of US defense spending — AI-focused Palantir has become major government contractor
