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Palantir rally inflicts $3B loss on short sellers after Q2 momentum

Seekingalpha+1 · 3 months ago

Palantir rally inflicts $3B loss on short sellers after Q2 momentum

Palantir short sellers accumulated $3B in mark-to-market losses after the stock rose 30% Tuesday, erasing their year-to-date paper gains.
Palantir and Mercury Systems announced a partnership to use AI for factory automation and faster production timelines in U.S. defense programs.

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