Stock Movers Palantir Jumps, Best Buy Gains, Cigna Falls on ‘Surprise’ CEO Retiremen
Mar 3, 2026
A market roundup covering Palantir’s multi-day rally tied to defense and government revenue. A look at Best Buy’s holiday beat, revenue outlook and dividend lift. Coverage of Cigna’s CEO retirement and the stock reaction amid questions about its business overhaul.
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Palantir Rally Driven By Defense Exposure
- Palantir's stock rally ties directly to geopolitics rather than pure product momentum.
- Analysts highlight its defense revenue (about half from U.S. government/military) as the reason for upgraded buy ratings.
Analysts Flip Positive After Four Day Rally
- Analyst sentiment on Palantir turned notably positive with 22 of 31 Bloomberg-tracked analysts rating it a buy.
- That shift followed a four-day rally — the longest since Christmas Eve 2025 — amid heightened geopolitical tension.
Best Buy Holiday Beat Fueled By Switch And Replacements
- Best Buy beat holiday profit expectations, lifting shares more than 4% on the day.
- Company credited a blockbuster Nintendo Switch release and a strong replacement cycle for the outperformance.