Palantir stock price jumps as AI stocks swing — Nvidia slips ahead of AMD earnings
NEW YORK, February 3, 2026, 10:13 ET — Regular session
- Palantir climbs in early trading, fueling interest in AI stocks
- Shares tied to AI hardware jump after new company announcements
- After Nvidia’s slide, traders gear up for AMD’s earnings release post-close
By around 10 a.m. ET, Palantir’s shares had climbed 5.1% to $155.30, fueling momentum in AI stocks on Tuesday.
Wall Street started the week riding the AI wave again, building on Monday’s rally in chip stocks that lifted the S&P 500 by 0.54%. “The fundamentals are good and earnings are strong,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder. Big tech names like Alphabet and Amazon are set to report earnings this week. (
