Palantir Technologies fell around 6 per cent on Tuesday as a strong quarterly update from the company failed to extend its record-breaking rally. The company, which has more than doubled in value this year, forecast fourth-quarter revenue above market expectations on Monday, driven by a rapid AI adoption boos

Palantir fell more than 8.3% in premarket trading as another strong quarterly update from the company failed to extend its record-breaking rally, setting it on track for its worst single-day loss since mid-August.