From Nasdaq: 2025-06-03 23:33:00

expansion in the public sector have driven a surge in its stock price. However, the stock appears overvalued compared to the S&P 500, with high ratios for price-to-sales, price-to-free cash flow, and price-to-earnings. Despite this, Palantir’s revenues have grown significantly in recent years, and the company boasts high profit margins and a strong balance sheet. However, PLTR stock has shown weakness in past market downturns, indicating lower resilience compared to the broader market. Investors should carefully consider these factors before investing in Palantir Technologies. 1. The stock market reached new highs today, with the S&P 500 and Nasdaq both closing at record levels. The Dow Jones Industrial Average also saw significant gains, fueled by positive economic data and strong corporate earnings reports.

2. In political news, President Biden signed a new executive order aimed at promoting competition in the economy. The order includes measures to combat corporate monopolies, increase competition in industries like healthcare and technology, and lower prescription drug prices.

3. The latest COVID-19 statistics show a rise in cases in several states, driven by the highly contagious Delta variant. Health officials are urging unvaccinated individuals to get vaccinated and continue practicing safety measures to prevent further spread of the virus.

4. In sports news, the Tokyo Olympics are set to begin in a few weeks, with athletes from around the world preparing to compete in various events. Organizers are implementing strict COVID-19 protocols to ensure the safety of participants and spectators during the games.



Read more at Nasdaq: Government Deals Stacking Up, But Is Palantir Stock Still Worth It?