slipped

Palantir (PLTR -0.98%) stock saw another pullback in Monday’s trading. The company’s share price closed out the daily session down 1% but had been down as much as 5.9% shortly before 10 a.m. ET. The S&P 500 (^GSPC -0.43%) ended the day down 0.4%, and the Nasdaq Composite (^IXIC -0.22%) was down 0.2%.

While there doesn’t appear to have been any major business news behind Palantir’s valuation contraction today, the broader market saw moderate selling pressures that seem to have impacted the stock. The stock is now down 10% over the last week of trading and 16% from its all-time high.

Image source: Getty Images.

Is Palantir stock a buy right now?

Palantir is one of the strongest overall players in the artificial intelligence (AI) software space, and it’s been posting momentous sales and earnings growth. On the other hand, it’s not as if the company hasn’t already gotten a lot of valuation credit for its strong business growth and long-term expansion opportunities.

PLTR PE Ratio (Forward) data by YCharts

Trading at approximately 90 times this year’s expected sales and 242 times expected non-GAAP (generally accepted accounting principles) adjusted earnings, Palantir has a valuation profile that stands out as being extraordinarily growth dependent even among the field of high-flying AI stocks. Despite the stock seeing a significant pullback from its all-time high, Palantir is still up 108% across 2025’s trading and 1,840% over the last three years.

Recent sell-offs connected to macroeconomic risk factors and concerns about the current state of practical business applications for AI technologies are a reminder of the high level of risk that comes with investing in a company that already has a lot of explosive growth priced into its valuation. Along those lines, Palantir is probably still too richly valued to be a sensible investment for investors without very high levels of risk tolerance.

While I think the stock looks quite risky right now, I also think that it has a good chance of significantly outperforming the broader market over the next five years. In addition to very strong momentum with private-sector customers, Palantir’s heavy exposure to the defense industry suggests that the stock comes with characteristics that help offset some of the risks associated with the biggest sources of potential geopolitical destabilization for the market.

AN OASIS fan says she slipped over just yards from where a man plunged to his death at the reunion concert.

The man – aged in his 40s – was understood to be sitting in the upper tier of the stadium when he plunged to his death at Wembley on Saturday night.

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The highest stands in the 90,000-seat venue are some 170ft above the ground.

Police and paramedics attended to the man but he was pronounced dead at the scene.

The Gallagher brothers said they were “shocked and saddened” to hear about the fan’s death.

Now, other fans have blasted the “deathtrap” Wembley stadium, calling for the venue to be “held accountable”.

Gig-goers who danced the night away to Wonderwall say they were forced to hobble along low railings with a steep drop and a “lethal” slippery floor that was “like an ice rink.”

Some are labelling it “horrendous” given “the amount of money they’ve spent on this new Wembley”.

Jade, 31, from Essex, was at the gig and stumbled in a domino effect of falling fans, suffering minor injuries.

A man a few rows up from her fell down, tumbling into her and knocking her down too.

“The floor was slippery from loads of spilled drinks,” she told The Sun.

“My bag got soaked. Everyone in the seated section was jumping and dancing and way drunker than other concerts.”

She fell onto the row in front of her about halfway through the concert, and people helped her up.

“I just got up and carried on. But today I have a dodgy ankle, a few bruises and hurt knees.”

“People were absolutely w***ered,” recalled another on Reddit.

“A bloke near us collapsed, tumbled over a couple of seats and had to be evacuated by the medics – everywhere you looked people were out of their minds.

“It occurred to me that all it would take is one wrong step up there and you’d be a goner.”

One fan said on Facebook: “You’d think a modern venue like Wembley would have sufficient guards for this kind of thing.”

“The top tier is bloody steep. It’s dreadful the barrier is so low,” added another on Facebook.

Not everyone agrees that the stadium is to blame.

One fan said on a fan group: “18 years worth of events, most with 90,000 people attending, and never an incident like it. It’s a tragic accident, and blaming it on the venue or security is ridiculous.”

An eyewitness to the fatal fall wrote on Facebook: “He fell from the top tier into our block. My friend’s daughter did CPR until the paramedics arrived.”

Another shaken onlooker, who was sitting just three seats away, recalled: “Hearing the bang and seeing the aftermath was just something that will stay with you forever.”

“The atmosphere was incredible,” commented a third on Facebook.

“We were nearing the end of the concert, when in the middle of Wonderwall, he fell right in front of us, a few metres away.

“It was very shocking and we left Wembley very upset.”

Oasis released a statement about the man, saying that they are “shocked and saddened to hear of the tragic death of a fan at the show last night.

“Oasis would like to extend our sincere condolences to the family and friends of the person involved.”

Before singing Live Forever on Sunday, Liam Gallagher appeared to pay his respects to the late fan.

He said: “This one’s for all the people who can’t be here tonight, but who are here if you know what I mean, and aren’t they looking lovely.”

But Liam has used that line before singing that hit song on the other tour dates.

In the gig after Ozzy Osborne passed away, the Britpop duo paid tribute by displaying an image of the Black Sabbath singer on stage during Live Forever, then dedicated Rock ‘n’ Roll Star, to Ozzy.

In a statement on Sunday, the Metropolitan Police confirmed a man in his 40s was pronounced dead at the scene after sustaining “injuries consistent with a fall”.

A Wembley Stadium spokesperson said: “Last night, Wembley Stadium medics, the London Ambulance Service and the police attended to a concert goer who was found with injuries consistent with a fall.

“Despite their efforts, the fan very sadly died.

“Our thoughts go out to his family, who have been informed and are being supported by specially trained police officers.

“The Police have asked anyone who witnessed the incident to contact them.

“Tonight’s Oasis concert will go ahead as planned.”

Saturday’s gig was the fourth of seven London shows on Oasis’ blockbuster reunion tour.

The band crashed ticket sites when they announced they were making a comeback last year – as more than 14 million fans tried to secure a seat at the highly-anticipated gigs.

Last month Liam and Noel reunited on stage in Cardiff for the first time since a backstage bust-up broke up the band 16 years ago.

The Britpop icons returned to their hometown of Manchester for five dates in July.

They performed a 23-song setlist of classic hits, including Wonderwall, Don’t Look Back in Anger and Live Forever to a roaring crowd of 80,000 people at Heaton Park.

They will head to America later this month before returning to London for two more gigs in September.

Wembley Stadium said in a statement to The Sun: “Wembley Stadium operates to a very high health and safety standard, fully meeting legal requirements for the safety of spectators and staff, and is certified to and compliant with the ISO 45001 standard.

“We work very closely and collaboratively with all relevant event delivery stakeholders – including event owners, local authorities, the Sports Ground Safety Authority and the police – to deliver events to high standards of safety, security and service for everyone attending or working in the venue.”

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