Palantir Shares Jump 3.73% with $9.45B Volume Ranking 8th on Defense Deal but Analysts Question AI Sector's Long-Term Momentum

On October 6, 2025, Palantir Technologies (PLTR) closed with a 3.73% gain, marking its strongest single-day performance in recent weeks. The stock traded with a trading volume of $9.45 billion, ranking eighth in overall market activity despite a 49.39% decline in volume compared to the previous day. Analysts noted the price rebound occurred amid mixed market sentiment toward AI-driven analytics firms.

Recent developments highlighted Palantir’s strategic partnership with a major European defense contractor to deploy its Foundry platform for logistics optimization. The deal, valued in the mid-eight-figure range, expands its footprint in the defense sector and aligns with ongoing government RFP wins. Institutional buying activity in pre-market sessions also suggested renewed institutional confidence in the stock’s medium-term potential.

Technical indicators showed the stock breaking above a key resistance level at $14.80, triggering stop-loss orders for short positions. However, some traders cautioned against over-optimism, citing the company’s persistent revenue guidance gaps and elevated cash burn rate relative to peers. Market participants remain divided on whether the recent momentum reflects fundamental strength or speculative positioning.

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