March 2, 2026 at 09:13AM
Palantir Rises as Other AI Stocks Fall. Those Defense Contracts Are Paying Off.
Palantir shares rose even as many AI peers declined, boosted by strength in its defense and government contracts. Investors are weighing its exposure to long-term, high-value government data analytics work against broader AI stock volatility. The company’s robust defense relationships appear to offset some softness in civilian AI markets, supporting the stock amid mixed sector performance.