Palantir Technologies Inc. heads into first-quarter earnings after telling investors it has been wrongly swept into a broad selloff in software shares. [1]
The stock has fallen about 9% since the day after Palantir's last quarterly report and is down 19% so far in 2026. [1]
The decline comes as software stocks have had a rough stretch, with investors worrying that AI tools could chip away at earnings growth across the sector. [1]
Bloomberg published a report on Palantir on 2026-05-04 ahead of the company's first-quarter earnings. [1]