Palantir Rallies on PwC Alliance Amid Burry Bear Case; ServiceNow Climbs
Enterprise AI software stocks surged Thursday, with Palantir Technologies rallying as a new PwC alliance aims to counter short-seller Michael Burry's concerns. ServiceNow also climbed, extending recent gains as broader sector momentum buoyed tech shares.
* Palantir Technologies advanced amid news of its PwC alliance, potentially mitigating short-seller concerns. Investors will watch for disclosure of contract values related to the new -native deals platform. * ServiceNow continues its upward trajectory, extending gains from its second-quarter results. The stock's momentum reflects broader investor confidence in enterprise and automation solutions.