Palantir Technologies is trading at €169.24, down 3.17%, as AI-linked stocks weakened; no clear company-specific catalyst was identified for the October 20 decline.
- Reuters reported Nasdaq futures were pressured by renewed weakness in AI-linked stocks and rising oil prices as investors awaited major earnings.
- The pullback followed Monday’s rebound in technology shares. The Knox Systems partnership was reported around the prior session’s rally, not as an explanation for today’s decline.