Palantir's $79.58 Billion Trading Volume Drops 25.87% But Stocks Rise 0.30% Amid Pentagon Demand

On May 28, 2025, Palantir's trading volume reached $79.58 billion, marking a 25.87% decrease from the previous day. Despite this, Palantir (PLTR) saw a 0.30% increase, marking its fourth consecutive day of gains and a total increase of 2.64% over the past four days.

The Pentagon has indicated an increased demand for Palantir's technology, a trend that has been beneficial for the company over the years as the U.S. government continues to recognize its value. This positive outlook from the Pentagon is expected to further boost Palantir's market position.

Palantir has recently secured a significant contract extension from the U.S. Army, valued at $795 million, bringing the total contract value to $1.3 billion. This substantial deal underscores the growing reliance on Palantir's technology within the defense sector.

Palantir's first $1 billion contract is a testament to the company's ability to silence its critics and solidify its standing in the market. However, the impact of this contract on Palantir's stock price remains to be seen.

Palantir has also formed a global partnership with Bain & Company, securing contracts worth $37,266,351 and $20,051,882 for its data-as-a-service platform for the Headquarters Air Force. These contracts, each lasting six months, further highlight Palantir's expanding role in defense technology.