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Palantir Nears Record High As Trump's $175 Billion Missile Defense Plan Opens Door To Massive SHIELD Contracts
Defense contractor Palantir Technologies' (NASDAQ:PLTR) stock trended on Wednesday as it traded close to its 52-week high of $190. President Donald Trump's $175 billion Golden Dome missile defense plan could create new contract opportunities for companies like Palantir by opening bids under the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) initiative. Palantir's software could support missile tracking, cybersecurity, and data integration across the system's satellite and ground-based defense layers, aligning with the Pentagon's push to strengthen national security by 2028. Also Read: Palantir stock gained over 147% year-to-date, driven by its performance in the AI sector and increased government contracts. Also this week, Palantir expanded its long-term partnership with SOMPO Holdings through a new multi-year deal via Palantir Technologies Japan KK, deepening the use of its Foundry platform across multiple SOMPO subsidiaries. The integration now spans elder care, insurance claims, and underwriting, with AI-driven tools streamlining fraud detection, claims processing, and risk evaluation. By embedding Foundry deeper into core operations, SOMPO expects to boost efficiency, accuracy, and annual financial results by about $10 million. Analysts expect Palantir's growth to accelerate after its strong second-quarter results and guidance that topped expectations. Piper Sandler's Brent Bracelin cited record revenue gains in government and commercial segments, including a $10 billion Army deal and 93% year-over-year U.S. commercial growth. Bank of America's Mariana Perez Mora noted that Palantir remains best in class for operationalizing AI in enterprises and aligns with the Trump administration's 'Winning the Race' AI plan. Both analysts view Palantir as uniquely positioned to capture share in two $1 trillion-plus markets. Price Action: PLTR shares are trading 1.11% higher at $189.02 as of the last check on Wednesday. Read Next:Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? PALANTIR TECHNOLOGIES (PLTR): Free Stock Analysis Report This article Palantir Nears Record High As Trump's $175 Billion Missile Defense Plan Opens Door To Massive SHIELD Contracts originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
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Jerry Jones reveals lengthy cancer battle
Yahoo Sports' Jason Fitz and Caroline Fenton react to the Dallas Cowboys owner's announcement that he battled stage four cancer for more than a decade. View more Video Transcript Welcome back to Yahoo Sports Daily. Breaking news. Cowboys owner Jerry Jones says he survived a stage 4 cancer battle that lasted more than a decade and included four surgeries. The story is out there right now on Yahoo, and Frank Schwab has written it. It should be noted that the initial diagnosis came in 2010. Over the next 10 years, he had four surgeries: two on his lungs, and two on his lymph nodes. He credited the experimental drug PD1 for his recovery. Quote, I would say by a fabulous treatment and great doctors, and a real miracle called PD1. Uh, this reminds us, Caroline, that there are things outside of just football in everybody's life, including Jerry Jones. Sometimes, uh, knowing that he was dealing with this from 2010 to 2020 is a reminder that we don't always have the full context of what's going on in people's lives while we talk about the sports that they're involved in. I think it's a reminder too that these are all humans. These are people, and unfortunately, cancer does not discriminate. It can hit anyone, whether it's, you know, just a regular person walking down the street or it's Jerry Jones. So thoughts and prayers to Jerry Jones and his family, and shout out to the miracle workers, truly all doctors across the globe that work to save lives, like Jerry Jones. He said that he is currently tumor-free. So at least good news there, but thoughts and prayers to his family. Absolutely. Close
Yahoo
22 minutes ago
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Moving to a walkable city can add more than 1,000 steps to your day: Study
People who moved to cities with better walkability logged about 1,100 more steps per day and were nearly twice as likely to meet exercise goals, according to a large U.S. relocation study published in the journal Nature on Wednesday. Researchers from the University of Washington and Stanford University tracked about 5,500 Americans of all ages and fitness levels as they moved between 1,600 U.S. cities, monitoring their activity for 90 days before and after the move, from 2013 to 2016. Using smartphone step counts and the Walk Score system, which rates locations from 0 to 100 based on access to amenities like stores, parks and schools, they found that moving from a low-walkability city (48 or less) to a high-walkability one (75 or more) added an average of 1,100 steps a day. That equated to roughly 11 extra minutes of walking per day, or about one additional hour of moderate-to-vigorous physical activity per week. The biggest jump came from moves to places like New York City, where a Walk Score of 89 translated to daily steps climbing from about 5,600 to 7,000. "We were positively surprised by the size of that effect," Tim Althoff, the lead author of the study and an associate professor at the University of Washington in the Paul G. Allen School of Computer Science & Engineering, said. "On average, people walked about 1,400 steps every day more when they moved to New York, or if they moved [in] the opposite direction, they lost about 1,400 steps a day." MORE: Why gentle exercise like yoga, tai chi and walking may help people sleep better However, Althoff noted that not all steps are created equal. "Most of the difference actually was in this kind of brisk walk regime that is considered moderate or above," he said. In those who moved from low- to high-walkability cities, the proportion who met the U.S. physical activity guidelines increased from 21.5% before relocation to 42.5% after relocation. Many also moved closer to the CDC's recommended 150 minutes of moderate intensity physical activity a week or roughly 8,000 steps of brisk walking. If all U.S. cities matched Chicago's or Philadelphia's walkability (Walk Score 78), 36 million more Americans could meet national activity targets, a simulation performed as part of the study found. If cities matched New York City's walkability (89), that number could rise to 47 million. One group, however, did not see a step-count bump: women over 50. The researchers suggested this could stem from safety concerns, caregiving responsibilities and poor transit access. "Improving the built environment is a great start, but it's not kind of this one size fits all improvement that benefits absolutely everybody," Althoff said. "It still needs to be paired with targeted health intervention." MORE: Just 5 extra minutes of intense exercise may help lower blood pressure, study predicts In the U.S., more than 8% of all deaths are linked to insufficient physical activity, which is associated with about $117 billion in annual healthcare costs, according to the CDC. "Physical inactivity is the fourth underlying cause of death in the world and in the country because it contributes to so many chronic diseases as well as infectious diseases and mental health conditions," James Sallis, distinguished professor emeritus at the School of Public Health, University of California at San Diego, said. Sallis stressed that walkability is about giving people safe ways to reach their destinations without relying on a car. "Hopefully a study this large and this impressive will help convince city leaders that not making good conditions for walking is really doing a disservice to the residents," he said. The study's findings highlight the ways in which urban design can significantly influence physical activity and population health, according to Althoff. "Helping city planners and policymakers know exactly where to direct resources and for the best results of the health of large populations in the cities is a key part," he said. Ashish Bibireddy, MD, MPH is an internal medicine resident at The Mount Sinai Hospital and a member of the ABC News Medical Unit. Solve the daily Crossword
