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Investor's Business Daily

Investor's Business Daily

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Business & Economics

Palantir Evades DOGE Fallout As Federal Contractor Booz Allen Hammered

Investor's Business Daily
Summary
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80% Informative

Palantir Technologies ( PLTR ) traded sideways as investors hammered Booz Allen Hamilton ( BAH ), a rival government and defense contractor.

Analysts are bullish on the data analytics software maker.

Several members of incoming Trump administration have ties to Palantirs , including David Sacks , tapped as White House artificial intelligence and crypto czar.

Investors should keep in mind the volatility of quantum computing stocks.