
Democrats' Midterm Sweep Hits Tesla, Chip Stocks
Democrats' midterm sweep revived fears of tougher AI data center rules, driving a selloff in Tesla, SpaceX, Palantir and chip stocks and a Nasdaq correction.
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Everything Pomegra has published on PLTR: 30 news articles and 6 market briefs, newest first.
Palantir (PLTR) closed at $169.20 after a near-10% drop Thursday, as tech stocks bounced back Monday
2d ago
Palantir (PLTR) reports tonight, with $2.18B revenue expected and US commercial sales up 149% last quarter.
Nov 2
Palantir (PLTR) slipped into a correction, 11% below its record, as $260B left software stocks.
Oct 19
Palantir (PLTR) trades near $190 after its best quarter in a year, as AI demand lifted sales 93%.
Oct 8
iShares Semiconductor ETF (SOXX) fell 2.1% Tuesday as Burry's $1.1B AI short bet moved to levered puts.
Sep 29
Palantir (PLTR) trades near $414B as Michael Burry warns its consulting-like books could send it below $100B.
Sep 8

Democrats' midterm sweep revived fears of tougher AI data center rules, driving a selloff in Tesla, SpaceX, Palantir and chip stocks and a Nasdaq correction.

Palantir lost about $40 billion in value as CrowdStrike and Okta fell roughly 10% on Nov. 5, when investors sold software's biggest AI winners.

Palantir shares fell as much as 8% premarket after a Q3 2026 revenue beat of $2.31 billion, as investors weighed slowing contract growth and valuation.

Palantir beat Q3 2026 estimates with revenue up 96% to $2.31B, raised full-year guidance and saw U.S. commercial sales top government for the first time.

Wall Street faces midterm elections, Apple and Palantir earnings and a 55K jobs forecast after Nasdaq's worst month since March 2025, with Democrats favored.

General Motors (GM) shares rose about 5% after it said it will move from the NYSE to Nasdaq on Nov. 17, making the automaker eligible for the Nasdaq-100 index.

Salesforce (CRM) rose about 4% on a Bank of America double upgrade while Adobe (ADBE) fell 4% on a Wells Fargo double downgrade, splitting software stocks.
Palantir shares rose about 3% after Goldman Sachs upgraded the AI software stock to Buy with a $230 target, citing sovereign AI demand and vertical sales.

Nvidia's board authorized a record $150 billion addition to its share repurchase program and unveiled an open AI agent containment platform on Monday, sending NVDA shares up roughly 2% to around $229.

Palantir Technologies (PLTR) clears $172 resistance as Maven Smart System closes in on $1 billion in annual revenue, accelerating the defense-AI rotation into the stock.

Salesforce CRM rallied 23% to its second-best session ever as a $2.6 billion Anthropic stake gain and the Claudeforce AI plugin launch powered an 80% earnings-per-share beat over consensus.

Software's long-anticipated reckoning with artificial intelligence never arrived — instead, Q1 2026 earnings confirmed that AI is accelerating enterprise software adoption, not replacing it.

Mark Cuban and Michael Burry both warn that Nvidia's $750 billion circular financing machine underpins the AI boom and poses a systemic risk if it cracks.

The Nasdaq 100 ETF surged 2.71% at midday on August 4, 2026, as AI-driven hyperscalers posted blockbuster earnings and easing Middle East tensions pulled capital back into large-cap tech.

The S&P 500 pushed to within striking distance of an all-time record on August 4, 2026, climbing 1.47% to 7,712 as 319 of its 500 components advanced — evidence that the move extends well beyond…

Palantir Technologies delivered record 93% revenue growth and raised full-year guidance on August 3, 2026, validating fundamentals against a stock chart that had deteriorated sharply.

Palantir Technologies posted 93% year-over-year revenue growth and topped Wall Street's earnings forecasts, sending shares up nearly 14% as commercial demand for its AI software accelerated sharply.

Six companies spanning artificial intelligence software, consumer social media, pharmaceuticals, and natural-gas infrastructure reported second-quarter 2026 results after Monday's close, with…

SpaceX stock fell to an all-time low of $145.20 on July 8, one day after its Nasdaq-100 debut, as $4.3 billion in passive index buying failed to reverse a deepening post-IPO correction.

Nasdaq closed July 9 up 1.22% as AI stock performance from AMD, Micron, and Marvell overcame Iran war jitters, while S&P 500 futures rise had already signaled tech sector recovery before the open.

Defense stocks and the ITA ETF rally on the Pentagon's $54.6 billion autonomous weapons request as global military spending hits a record $2.9 trillion.

Palantir shares have shed nearly half their value from the 2025 peak as Wall Street demands proof that PLTR commercial AI momentum can convert extraordinary revenue growth into durable, scaled…

Defense stocks and the ITA ETF are surging as $14.6B in venture funding, Pentagon AI contracts, and record global military spending fuel the sector's steepest climb in decades.

PLTR has shed more than a quarter of its 2026 market value as Wall Street presses for earnings that justify a trailing price-to-earnings ratio of 131x in the AI software sector.

Palantir lifts its full-year revenue forecast to $7.66 billion after Q1 2026 earnings show 85% growth, with enterprise AI demand now outpacing the company's capacity to deliver.

President Donald Trump's Office of Government Ethics disclosures show 3,642 stock transactions worth up to $750 million in Q1 2026, concentrated in AI semiconductors and government-technology…

Janus Henderson's Cofsky names TSMC the most critical AI company over Nvidia, citing its foundry lock-in across every leading-edge chip in global production.

Jensen Huang's Computex 2026 declaration that AI amplifies software demand sent enterprise names surging, with ServiceNow posting its best four-day gain since its 2012 IPO.

The AI bull market enters May 2026 with extraordinary momentum — NVIDIA breaches $5 trillion, Samsung crosses $1 trillion, and Asian chipmakers rewrite the global tech power map.

Palantir Technologies shares are under intense pressure on April 10, 2026, trading near $127, as a brutal multi-session selloff wipes out more than $23 billion in market value. The AI platform…