Adaptiv Select ETF Price & Performance (ADPV)

Palantir Technologies is facing significant market challenges as the U.S. defense budget is set to be reduced by 8% annually over five years. This has caused Palantir's stock to plunge by 25% in a week, impacting ETFs heavily exposed to the company. Investors are closely monitoring developments.12

Palantir has deepened its partnership with Voyager Technologies to enhance Space Domain Awareness using AI. The collaboration aims to address potential space threats and improve satellite tracking. This initiative reflects Palantir's growing focus on AI applications in critical sectors, marking another step in its technological expansion.3

ETFs with significant stakes in Palantir are experiencing turbulence following the company’s stock drop. The decline, fueled by budget cut concerns and insider trading plans, highlights the risks associated with concentrated holdings. Analysts suggest diversification as a strategy to mitigate exposure to such volatility.12