Why did Palantir (PLTR) stock rally 10% in a day?
The post Why did Palantir (PLTR) stock rally 10% in a day? appeared on BitcoinEthereumNews.com. Palantir (NASDAQ: PLTR) stock surged almost 10% on May 29, 2026, after stronger-than-expected earnings from Dell Technologies (NYSE: DELL) reinforced investor confidence in the company’s artificial intelligence strategy. Shares of Palantir closed at approximately $156, gaining 9.21% in a single session. The move marked one of Palantir’s strongest daily gains in recent months and helped the stock recover part of its losses from earlier in 2026. PLTR one-week stock price chart. Source: Finbold The primary catalyst behind the Palantir stock rally was Dell Technologies’ fiscal first-quarter 2027 earnings report. Dell reported revenue of $43.84 billion, an 88% year-over-year increase, while AI-optimized server revenue jumped 757% to $16.13 billion. The company also disclosed $24.4 billion in AI-related orders and raised its full-year AI server revenue outlook to approximately $60 billion, highlig