Palantir Leads AI Stock Rebound From Tariff Rout | Global News Avenue

Palantir Technologies (bacteria) A rally in AI stocks on Friday correct Thursday.

Palantir’s share price ended up taking an 8% stake on Friday, making the software maker one of the best performing stocks in the S&P 500 and the technically heavy-duty NASDAQ 100. Other best performers include AI Server Maker Maker Super Micro Computer (SMCI) and ai bellwether nvidia (NVDA), up nearly 8% and 5% respectively.

The technology sector held extensive rally on Friday. About 90% S&P 500Senate Minority Leader Chuck Schumer said he will support Republican-led efforts to avoid Government shutdown and maintain federal funding until the end of the fiscal year. Schumer’s support is likely (although not guaranteed) as Republican funding measures will be voted on Friday.

Government threat closure It’s just a risk that the stock market will hit this week. There are also investors More and more anxious Regarding President Donald Trump’s competition, out-of-time tariffs and his efforts to cancel government contracts and seize federal labor. Some economists warn that tariffs and massive ignitions may raise prices and prevent investment and hiring. There is already evidence that the White House policy has Shakes consumers’ confidence and raise inflation expectations, which may contribute to future inflation.

S&P’s first correction since October 2023 in 500 years

Recently, all uncertainties have had an impact on stocks. S&P 500 Index Enter the first correction Since October 2023. According to a Bloomberg analysis, the index hit a record of 10.1%, making it the seventh place since 1929.

Among the best-performing AI stocks in the market last year, high-altitude stocks were hit hard by the recent sell-off. Palantir shares reported on February 19 that the Trump administration is ready for Cut defense budgetthis is a headwind for the company’s considerable military business. Palantir stock continues to decline in the coming weeks, eventually Lost nearly 40% Their value.

applovin(app), another AI favorite, experienced a similar crash in late February, triggering Two short salesmen report. Viscosity of nuclear power providers (vst) and constellation energy (Branches) Last year, demand for electricity driven by AI soared, and during the recent downturn, everyone pulled over 40% from record highs. Their stocks were 5% and 3% on Friday, respectively, while Applovin jumped 7.6%.