Musk-Trump Feud Sparks Crypto and Stock Market Selloff
Originally Published 7 months ago — by TipRanks
Palantir Technologies' stock dropped nearly 8% following a public feud between Elon Musk and Donald Trump, which also affected stocks like Tesla and Trump Media & Technology Group. Despite the market turmoil, Palantir remains strong fundamentally, with recent contracts and partnerships boosting its defense and AI sectors. Wall Street analysts have a cautious outlook, with a consensus hold rating and a target price suggesting potential downside.