Citi $C analyst Tyler Radke reiterated a neutral stance on Palantir Technologies $PLTR, maintaining a price target of $115. Despite investor enthusiasm around the company's artificial intelligence initiatives, Radke argued that Palantir’s valuation appears stretched unless it secures more sizable, recurring contracts in the near term. His assessment follows a recent meeting with the company’s leadership.

Salesforce $CRM, a leading provider of software as a service (SaaS), recently revised its financial outlook for 2026. The updated projections suggest that the company's revenue for the specified fiscal year will fall short of Wall Street expectations, primarily due to the slower adoption of its software product, Agentforce. Following these revelations, the company's shares dropped by nearly 5% in after-hours trading.