Palantir is trading at $133.95 (+3.01%) as cooling inflation data fuels a broad recovery across high-valuation growth and AI software names.
- June CPI cooled to 3.5%, boosting the Nasdaq and helping the sector recover after recent selling pressure.
- The move appears driven by macro sentiment and a rotation back into growth stocks rather than company-specific catalysts.
- Palantir is tracking the broader market rebound following recent headlines focused on valuation concerns.