Palantir Technologies shares dropped more than 7% on Friday after a big rise.

Oct 16, 2026, 2:23 PM ETOpinionRead the original at Benzinga

Neutral

Jim Cramer praised Palantir's business model, but the company was also named as a possible congressional inquiry target. No inquiry or new business result is reported, so the story does not change its outlook.

PLTR · Palantir Technologies Inc.

AI read · Neutral

The AI's read

Cramer's comments describe why he likes Palantir, but they report no new sales or company results. The congressional risk is only a possible target list, not an opened inquiry. Together, these points do not show a clear change in the company's outlook.

Get alerts for PLTR

Follow Palantir Technologies Inc. (PLTR) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for PLTR

Free on the App Store and Google Play, or on the web.