Palantir (PLTR) stock fell 5% Wednesday despite Pentagon Maven upgrade and UK FCA fraud contract. Tech selloff weighs on shares amid new deals.
AeroVironment (AVAV) stock dropped 2.3% after unveiling the Locust X3 laser anti-drone system. Revenue up 17.3%, but margins remain negative.
Micron (MU) stock declined 15% in four trading sessions after reporting Q2 revenue of $23.86B, nearly triple last year’s total, as investors locked in gains.
Microsoft (MSFT) stock drops 2.69% as the company leases a 700MW Texas data center previously intended for Oracle and OpenAI. Details on the Abilene deal.
Planet Labs (PL) stock leads large-cap industrials in 2026 with 71.5% YTD gains. Q4 revenue beat forecasts by 11.55% and backlog doubled year-over-year.
Shopify (SHOP) stock climbs as merchants gain ability to sell products inside ChatGPT using Agentic Storefronts with no extra transaction fees.
Arm Holdings (ARM) stock gained 1.43% after revealing its first proprietary AGI CPU chip for AI data centers, with Meta as lead customer.
Circle Internet (CRCL) stock tumbled 20% after the revised Clarity Act proposed eliminating yield on stablecoins like USDC, impacting core revenue streams.
The Trade Desk (TTD) stock fell 7% after Omnicom ordered an independent pricing audit, following Publicis’s break with the platform over alleged fees.
Salesforce (CRM) stock tumbles 6% after missing revenue estimates for the first time since 2006. Weak guidance and AI concerns weigh on the software sector.