Palantir flirts with new high as war boosts defense tech
Palantir Technologies briefly breached $142 in early trading — enough for a new closing high — as defense tech shares popped after the US attack on Iranian nuclear facilities over the weekend.
Palantir’s 85% gain in 2025 puts it atop the S&P 500 for the second straight year.
That performance has also ignited investor interest, especially venture capital, in defense technology, a dynamic that the current fighting in Iran could amplify, Financial Times columnists said Monday.
“Where capital flows, advances will be made, if only through trial and error,” the paper said in its so-called Lex column. “Real-world conflict creates not just demand, but also — sadly — opportunities to test and refine the product.”
That performance has also ignited investor interest, especially venture capital, in defense technology, a dynamic that the current fighting in Iran could amplify, Financial Times columnists said Monday.
“Where capital flows, advances will be made, if only through trial and error,” the paper said in its so-called Lex column. “Real-world conflict creates not just demand, but also — sadly — opportunities to test and refine the product.”
