🔴 PLTR is trading 2.71% down today, extending losses amid AI spending fears and a broader SaaS selloff

PLTR is trading at $135.76 (-2.71%) as it extends losses from yesterday's -11.62% drop amid heightened AI spending concerns and broader tech sector pressure.

• The move aligns with a 0.51% decline in the Nasdaq following Alphabet's capex reveal and a wider SaaSpocalypse selloff affecting high-valuation software names.
• Despite a recent Q4 beat featuring 70% revenue growth and strong 2026 guidance, profit-taking and hawkish Fed signals continue to weigh on the AI sector.