Palantir Technologies Inc (NYSE:PLTR) stock tumbled after third-quarter earnings from Peter Thiel's company disappointed Wall Street and the company said countries in Europe were less willing to use its controversial data processing software. Revenue from Denver, Colorado-based group was better than analysts expected however, up 22% to US$478mln and it guided to US$503-505mln for the fourth quarter, in line with estimates.
Palantir Technologies falls after earnings disappoint and European nations 'less willing' to engage