The Nasdaq Plunged 10% While Palantir Soared In Q1. Here's Why.

The market saw red for much of the first quarter of 2025. Shares of Palantir Technologies (NASDAQ: PLTR), however, bucked the trend. While the S&P 500 lost 4.6% and the Nasdaq Composite lost 10.4%, Palantir finished the quarter up 11.6%.The artificial intelligence (AI) company's stock was propelled by optimism in regard to a new administration, the release of another monster earnings report showing continued momentum, as well as a slew of new client announcements.In February, Palantir released its Q4 numbers, beating already high expectations from Wall Street. The company posted earnings per share (EPS) of $0.14 cents on sales of $828 million. Consensus estimates were 11 cents per share on $776 million in sales.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool