Business
Palantir Stock a Strong Buy in 2026 as AI Platform Adoption and Commercial Surge Accelerate
NEW YORK — Palantir Technologies Inc. (NYSE: PLTR) stands out as one of the strongest buy recommendations in the artificial intelligence sector in 2026, with Wall Street analysts maintaining a solid “Moderate Buy” to “Strong Buy” consensus as the company’s AI-powered data analytics platforms gain rapid traction in both government and commercial markets. The stock has delivered impressive returns this year, reflecting investor confidence in Palantir’s transition from a primarily government contractor to a broader enterprise AI leader.
Shares have traded in the $55–$65 range in early May, reflecting strong year-to-date performance driven by accelerating commercial revenue and landmark deals with major corporations. Analysts covering the stock have an average 12-month price target near $75–$85, implying 25–40% upside from current levels. Of roughly 25 analysts, the vast majority rate Palantir a Buy or Strong Buy, with several firms citing its expanding addressable market and improving profitability metrics.
Palantir reported robust first-quarter 2026 results, with revenue rising 27% year-over-year to approximately $812 million. The commercial segment, a key focus for growth, posted 40%+ growth, while government revenue remained stable and highly profitable. Adjusted operating income improved significantly, and the company raised full-year guidance, signaling strong demand for its Gotham, Foundry and AIP (Artificial Intelligence Platform) offerings. CEO Alex Karp highlighted “accelerating momentum” across industries including healthcare, finance, manufacturing and energy.
Commercial Momentum Becomes Primary Growth Engine
Palantir’s shift toward the commercial sector has been one of the most important developments of the past two years. The company’s AIP platform allows organizations to deploy secure, governed AI applications using their own data. Major deals with companies like United Airlines, BP, and several large pharmaceutical firms have validated the platform’s real-world value. Analysts project commercial revenue could surpass government revenue within the next 12–18 months, providing more predictable and higher-margin growth.
The platform’s ability to integrate with existing enterprise systems while maintaining strict data governance has proven especially attractive to large organizations wary of cloud-based AI risks. Palantir’s “boot camp” deployment model — where engineers work directly with customers to build custom AI solutions — has become a competitive differentiator, leading to high retention and expansion rates.
Analyst Views and Valuation
Wall Street sentiment toward Palantir has improved markedly in 2026. Firms like Wedbush, Loop Capital and Oppenheimer have raised price targets, citing accelerating commercial adoption and expanding margins. The stock trades at a premium valuation on traditional metrics, but forward price-to-sales and price-to-earnings multiples are considered reasonable when factoring in projected 25–30% annual revenue growth and improving profitability.
The company’s path to consistent profitability, combined with its massive addressable market in enterprise AI, supports the bullish case. Palantir generates strong free cash flow and maintains a solid balance sheet, giving it flexibility for strategic investments and potential acquisitions.
Risks Investors Should Consider
While enthusiasm is high, risks remain. Palantir still derives a substantial portion of revenue from government contracts, which can be subject to budget cycles and political changes. The stock’s high valuation leaves limited room for disappointment if commercial growth slows or competition intensifies from larger cloud providers. Execution risk around large-scale deployments also exists, though the company has demonstrated strong delivery capabilities.
Macroeconomic slowdowns could delay enterprise AI spending, and increased regulatory scrutiny of AI technologies remains a background concern. However, Palantir’s focus on secure, enterprise-grade AI positions it relatively well against these risks compared to more consumer-oriented AI plays.
Long-Term Outlook Remains Bright
Looking further into 2026 and beyond, analysts project Palantir could sustain high-teens to low-20s percentage revenue growth as AI adoption deepens across industries. The company’s expanding partnership ecosystem, international growth and new product initiatives (including enhanced AIP features) provide multiple levers for expansion.
For investors, Palantir represents a high-conviction way to gain exposure to enterprise AI with a proven platform and strong customer relationships. The stock suits growth-oriented portfolios comfortable with technology volatility and premium valuations. Those already holding shares have compelling reasons to maintain or add on dips, while new buyers may find current levels reasonable given the company’s execution track record and favorable long-term fundamentals.
Diversification within the AI and software sector remains prudent, but Palantir stands out for its combination of mission-critical applications, sticky customer relationships and expanding margins. As always, investors should consider their risk tolerance and time horizon. While Palantir has delivered exceptional returns, future performance will depend on continued innovation and successful commercial scaling.
As 2026 progresses, Palantir’s quarterly results and updates on commercial deal flow will be closely watched as key indicators of AI adoption trends. With robust demand, improving profitability and broad analyst support, the case for buying Palantir stock remains highly compelling for growth-focused investors seeking exposure to the transformative power of enterprise artificial intelligence.
Palantir’s evolution from a government-focused data analytics firm to a leading AI platform provider continues to reward shareholders who understood its potential. In a market filled with hype around artificial intelligence, Palantir offers something increasingly valuable: real deployments, measurable outcomes and a clear path to sustained growth. For those with a multi-year horizon, the evidence strongly supports buying and holding Palantir stock in 2026.
Business
(VIDEO) Charles Barkley Rips Spurs for Blowing 29-Point Lead in Game 4 NBA Finals Loss
NEW YORK — Charles Barkley unleashed sharp criticism of the San Antonio Spurs after they squandered a 29-point lead in Game 4 of the 2026 NBA Finals, calling their second-half collapse some of the “dumbest basketball” he had ever seen as the New York Knicks completed a historic comeback victory.
The Knicks erased the massive deficit to win 107-106 on OG Anunoby’s tip-in with 1.2 seconds left, taking a 3-1 series lead. On “Inside the NBA,” Barkley did not hold back in his assessment of San Antonio’s late-game execution.
“We saw the dumbest basketball team in the history of civilization,” Barkley said. “They had a 25-point lead, took eight straight threes. Like they thought that was some of the most mismanaged stupid basketball.”
The Spurs built a commanding 81-52 lead in the third quarter but went cold, shooting just 3 for 17 from three-point range in the second half. Barkley highlighted the lack of clock management and poor shot selection as the Spurs failed to protect their advantage.
Historic Comeback Caps Dramatic Night
The Knicks’ rally is the largest comeback in NBA Finals history, surpassing the previous mark of 24 points. It was the second-largest playoff comeback ever, behind only the LA Clippers’ 31-point rally in 2019.
Jalen Brunson led New York with 36 points, while Anunoby finished with 33 and delivered the game-winner. Victor Wembanyama had 24 points and 13 rebounds for the Spurs but shot 9-for-25 from the field. De’Aaron Fox, Dylan Harper and Devin Vassell also scored in double figures, but the team’s second-half collapse proved costly.
Spurs coach Mitch Johnson expressed disappointment. “We got on our heels — we missed some shots. It’s disappointing, to say the least.”
Wembanyama acknowledged the team’s lack of hunger in the second half. “I can’t really explain it right now. We clearly weren’t the most hungry in the second half.”
Inside the NBA Reaction
Barkley’s blunt critique resonated with viewers, with many agreeing the Spurs’ decision-making in the third quarter was puzzling. The Hall of Famer noted the Spurs’ repeated three-point attempts without regard for the clock, even while holding a large lead.
Ernie Johnson, Kenny Smith and the rest of the panel joined in the discussion, with the broadcast capturing the shock of fans and analysts alike at Madison Square Garden. The Knicks’ resilience turned a potential blowout into one of the most memorable games in Finals history.
Series Outlook Shifts Dramatically
The Knicks now hold a 3-1 lead and can clinch the championship in Game 5 on Saturday in San Antonio. A victory there would end New York’s title drought since 1973. The Spurs must win the next three games to claim the title, a daunting task against a motivated Knicks squad playing with home-court momentum in the series.
The physical nature of the series continued, with several flagrant fouls called on both sides. Wembanyama faced heightened defensive attention, while Brunson’s leadership and clutch play proved decisive once again.
Fan and Cultural Reaction
Madison Square Garden erupted as the final seconds ticked away, with fans singing “Don’t Stop Believin’” long after the game ended. Celebrities including Taylor Swift were in attendance, adding to the electric atmosphere of a night that will be remembered for years.
Social media exploded with reactions to both the comeback and Barkley’s fiery commentary. The moment has already become one of the most discussed in recent NBA history, highlighting the drama and unpredictability of playoff basketball.
Broader Context of the Finals
The 2026 NBA Finals have delivered compelling storylines, pitting the resilient Knicks against a young, talented Spurs team led by the generational talent Wembanyama. The series has featured strong individual performances and tactical battles, with Game 4 standing out as one of the most memorable.
For the Knicks, the comeback reinforces their identity as a never-quit group that has overcome significant obstacles throughout the postseason. For the Spurs, the loss represents a painful learning experience in their first Finals appearance in years.
As the series shifts back to San Antonio, the Spurs will look to regroup and extend the series, while the Knicks aim to close it out on the road. Game 5 promises another intense chapter in what has become a hard-fought and entertaining NBA Finals.
Charles Barkley’s passionate breakdown captured the frustration many felt watching the Spurs’ collapse. His comments, while blunt, reflect the high standards expected at this level of competition. The NBA world will be watching to see how both teams respond as the championship race reaches its critical stage.
The Knicks’ historic Game 4 victory has shifted momentum dramatically. With a 3-1 lead, New York is one win away from ending a long championship drought, while San Antonio faces an uphill battle to keep their title hopes alive. The coming games will test the resilience and character of both franchises in what has already become a memorable Finals series.
Business
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Dividend rush! Buy these 5 Adani stocks, 4 Tata Group stocks today to lap up payout rewards
Only those shareholders who own the shares of the companies in their demat accounts as of Friday will be eligible to receive the bonus shares. Due to SEBI’s T+1 settlement norm, investors must buy a company’s shares at least one trading day before the record date to ensure they are credited to their demat accounts by that date and thus be eligible for the corporate action. This effectively makes today the last date for investors to buy the shares to be eligible for the dividends.
Adani Group stocks turning ex-record date for dividends tomorrow
ACC, Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Total Gas, and Ambuja Cements are the five Adani Group companies that have fixed June 12 as the record date for their respective dividends.
ACC late in April had announced a dividend of Rs 7.5 per share with a face value of Rs 10 each for the financial year 2026. APSEZ will also pay a dividend of Rs 7.5 per share. Shares of Adani Group’s flagship company, Adani Enterprises, meanwhile, are set to turn ex-record date to a dividend of Rs 1.3 per share tomorrow.
Ambuja Cements and Adani Total Gas will pay dividends of Rs 2 per share and Rs 0.25 per share, respectively.
Tata Group stocks turning ex-record date for dividends tomorrow
Tata Motors, Tata Steel, Trent, and Voltas from the Tata Group also have fixed June 12 as the record date for their respective dividends, making today effectively the last day for investors to buy the stocks to be eligible for the payment.
Tata Motors, Tata Steel, and Voltas will each pay dividends worth Rs 4 per share, while Zudio and Westside-parent Trent will pay a dividend of Rs 6 per share. This comes after Trent shares turned ex-record date last week for its first-ever 1:2 bonus issue, causing the stock price to appear nearly 34% lower due to the adjustment.
Also read: Here’s how Trent’s bonus math works
Apart from the companies part of the two conglomerates, several other firms also have fixed June 12 as the record date for their dividends. Some of the notable names among them include Canara Bank (Rs 4.2 per share), ICICI Prudential Asset Management Company (Rs 12.4 per share), JM Financial (Rs 1.75 per share), Piramal Finance (Rs 11 per share), and Punjab National Bank (Rs 3 per share).Also read: Infosys, Adani Enterprises, Trent among 44 stocks going ex-date this week. Do you own any?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
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Warner Bros Stock Hits 3-Month Low. The Paramount Merger Spread Is Too Good to Pass Up.
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Business
Bonus bonanza! Last date to buy City Union Bank shares for 1:3 reward
Only shareholders who hold City Union Bank shares in their demat accounts as of Friday will be eligible to receive the bonus shares. Due to SEBI’s T+1 settlement norm, investors must purchase the company’s shares at least one trading day before the record date so they are credited to their demat accounts by that date and qualify for the corporate action. This effectively makes today the final day for investors to buy the shares to be eligible for the bonus issue.
All about City Union Bank’s bonus issue
City Union Bank announced a 1:3 bonus issue in April, meaning eligible shareholders will receive one equity share for every three fully paid-up equity shares held in their demat accounts as on the record date.
The bonus shares will be issued using nearly Rs 25 crore from the lender’s securities premium account, whose balance stood at more than Rs 940 crore on March 31, 2026. Later in May, City Union Bank fixed June 12 as the record date to determine the eligibility of shareholders for the bonus shares.
Notably, this marks the first bonus issue announced by the lender in eight years, since a 1:10 bonus issue in 2018. A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add shares of the company to their portfolio.
Also read: How Sensex, Nifty rallied 200% under PM Modi’s record-breaking tenure
City Union Bank share price
City Union Bank shares have gained 2% in one week, but declined 3% in one month. Shares of the company have fallen over 12% in 2026 so far. In the longer term, they’ve gained 23% in one year, 104% in three years, and 52% in five years.
The bank reported a 25% year-on-year rise in net profit to Rs 359.56 crore for the fourth quarter of FY26, up from Rs 287.96 crore reported in the corresponding quarter of the previous financial year. Its net interest income (NII), meanwhile, increased around 31% YoY to Rs 785.83 crore during the quarter under review.
Also read: Wipro’s Rs 15,000 crore buyback opens; 10 key things to know before tendering shares
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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