🔴 Palantir Technologies Inc. is trading 2.2% down today as investors rotate out of high-multiple AI names following the Fed's policy decision

Palantir Technologies Inc. is trading 2.2% down at $130.32 as investors rotate out of high-multiple AI and software names during a broader tech selloff following the Federal Reserve’s latest policy decision.

• The move extends recent weakness after France’s DGSI ended its contract with the company in favor of local startup ChapsVision on June 16.
• Sentiment remains pressured by broader macroeconomic concerns, specifically higher-rate fears impacting high-growth software stocks.