Palantir Technologies is trading 7.9% down at €103.80 as investors pull back from high-growth tech and AI names.
- The drop aligns with a broader slump in semiconductor and AI-related stocks as market participants rotate into value and cyclical sectors.
- Global risk sentiment is under pressure due to uncertainty surrounding the upcoming Fed meeting and recent tariff actions.
- The Nasdaq Composite has declined 1.15%, reflecting a widespread retreat from high-valuation growth stocks.