Palantir Surprises Amid Tech Surge | Durham News

Durham News Today | 2 Min News | The Daily News Now! · Aug 4, 2026 · 1m

Palantir just crushed earnings expectations, sending short sellers scrambling and proving AI isn’t just hype—it’s profit. While its stock gets a cautious C due to wild price swings, the broader market feels oversold amid hedge fund collapses and foreign AI chatter. Meanwhile, the economy’s firing on all cylinders—with Atlanta Fed projecting 6% Q3 GDP growth—and tech demand remains sky-high, as Apple struggles to keep up with demand for iPads, Macs, and iPhones. Chipmakers are reaping massive profits, while bond markets stay steady despite yield spikes, with falling oil prices offering hope…