Francesca Fontana

On Monday, Palantir beat earnings expectations and notched another quarter of record sales as new customers flocked to buy AI technology.

But investors appeared unimpressed, and its shares fell 8% on Tuesday.

Now, as suggested by some analyst reports, it may be less of a performance issue and more of a valuation issue.

Palantir is one of the most richly valued stocks on the market, having more than doubled so far in 2025, and many analysts are balking at its valuation.

On a weekly basis, the stock ended up down 11%.

And now you know what's news in markets this week.

You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.

Today's show was produced by Zoe Kolkin with supervising producer Jana Herron.

I'm Francesca Fontana.

Have a great weekend and I'll see you next Saturday.

Hey, listeners, it's Saturday, October 25th.

I'm Francesca Fontana for The Wall Street Journal.

And this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

Overall, we had a relatively sunny week in the stock market.

Tech stocks took a hit on Wednesday due to fears of renewed trade tensions between the U.S.

and China.

But overall, investors seem to be optimistic about President Trump's upcoming meeting with Chinese leader Xi Jinping.

Meanwhile, it was a jam-packed week for corporate earnings.

We'll dig into some specific earnings reports in a bit, but to put it in perspective, nearly one-fifth of the S&P 500 reported results, including big names like Tesla and Netflix.