Wall Street Bounces, Palantir Surges

About Wall Street Bounces, Palantir Surges

Following recent job market concerns, Wall Street rebounded strongly with the Nasdaq surging and key stocks rising. Palantir led the gains with a 3.7% increase ahead of its earnings report, fueled by optimism over potential Fed rate cuts. Additionally, Joby Aviation soared 20% on a large deal, and Comscope nearly doubled on acquisition rumors. This rally raises questions about whether this marks a new growth phase or is just a temporary bounce before another decline.