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Palantir Upgraded; Nvidia's Data Center Optics Investment | Stock Movers
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March 2, 2026
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1:57Now PlayingOn this episode of Stock Movers with John Tucker:
- Palantir Technologies (PLTR) is being upgraded to buy from neutral at UBS, the latest firm to turn more positive on the software company in the wake of its results. Stock up 0.3% in extended trading.
- Nvidia (NVDA) agreed to invest $4 billion in two companies that develop data center optics that are essential for artificial intelligence systems. Nvidia will invest $2 billion apiece in Lumentum Holdings Inc. and Coherent Corp. in multi-year deals, it said in separate statements on Monday. Both deals include purchase agreements and access rights for advanced laser components. The money will go to support research and development.
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