Key takeaways
- Election 2026 wasn't good news for Palantir stock -- but it might not be horrible news, either.
- The 2026 midterm results are in, and the Democrats won in a landslide.
- While its government sales grew 78% year-to-date, Palantir's commercial sales year-to-date roughly doubled.
Midterm election results last night put Democrats in control of both the U.S. Senate and House of Representatives. The Pentagon is preparing to see its record $1.5 trillion defense budget request shrunk to $1.1 trillion.
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