Palantir Announces 'Sovereign AI' and Nvidia Partnership at Customer Forum

Palantir's announcement of a 'sovereign AI' deal with Nvidia provides a positive medium-term demand signal for NVDA, but the short-term price impact may be limited. The stock has fallen 4.4% in the last 24 hours to 218.4, with RSI14 at 28 approaching oversold territory. MACD is negative and below the signal line, indicating weak short-term momentum. The price is trading below SMA20 (225.5) and SMA50 (224.5), suggesting a deteriorated technical outlook. Although the news is positive, oversold conditions and weak momentum require additional confirmation for a clear direction in 1-3 days; therefore, I rate it neutral.

PLTR stock fell 8.4% in the last 24 hours to 167.14, with the RSI at 29.9, approaching oversold territory. The MACD is negative and below the signal line, indicating weak short-term momentum. Although there is positive news such as 'Sovereign AI' and the Nvidia deal, the price is trading below the 20 and 50-day moving averages, and the market may have already priced in this news. Oversold conditions could trigger a rebound, but the overall trend is downward, so the bullish signal is weak. Therefore, I expect a neutral outlook in the short term.