PLTR 2X Long ETF

PTIR
  • Weekly Recap | Palantir Tech +5.76%, closing in on record highs

    Weekly Review·
    - Palantir gained 5.76% this week to close at 196.75 USD, outperforming the S & P 500 while experiencing volatile trading near the 200 USD mark. - Key market drivers included accelerated sovereign AI deployments and commercial contracts, offset by institutional valuation concerns and continuous share reductions by ARK. - The consensus rating among 30 tracked institutions remained a buy with a target price of 206.65769 USD, ahead of the upcoming Q3 earnings report scheduled for November 2.
  • Weekly Recap | Palantir Tech -11.01%, underperforms market

    Weekly Review·
    - Palantir Tech fell 11.01% to close at 186.03 USD amid an AI software sector correction, underperforming the S&P 500 index. - Fund reductions by Ark and broader profit-taking weighed on the stock, offsetting positive institutional consensus ratings and partnerships. - The company is scheduled to report its Q3 fiscal 2026 earnings on November 2, which will test its current valuation.