US Stock Market Move | Joining hands with Anduril to build a new defense alliance, Palantir (PLTR.US) rises over 4% to a new all-time high.

On Tuesday, Palantir (PLTR.US) rose over 4% again, hitting a new all-time high of 83.99 US dollars. In terms of news, it has been reported that defense technology companies Palantir and Anduril are in negotiations with more than a dozen competitors to form an alliance to jointly bid for US government contracts, challenging large defense companies. The alliance is planning to announce agreements with multiple technology companies next month. Several sources familiar with the matter revealed that companies in negotiations to join the alliance include SpaceX, OpenAI, Saronic Technologies, and Scale AI.