Home / Business and Economy / Palantir Surges, Insurers Sink Amid Shifting Government, Healthcare Landscape
Palantir Surges, Insurers Sink Amid Shifting Government, Healthcare Landscape
11 Nov
Summary
- Palantir stock jumps 9% on hopes of government reopening
- Trump suggests bypassing insurers for healthcare subsidies
- Centene, Molina, Humana, Elevance shares plunge 4-9%

On November 10, 2025, the U.S. stock market saw a mixed performance, with the technology sector outperforming amid hopes of a resolution to the government shutdown. Palantir Technologies, a data analytics software company, was a standout, with its shares surging close to 9% as it stands to benefit if the federal government resumes normal operations.
However, the healthcare sector faced pressure following comments from President Donald Trump. The president suggested that federal healthcare subsidies should be paid directly to individuals rather than to insurance companies. This proposal dragged down shares of major insurers like Centene, Molina Healthcare, Humana, and Elevance Health, with losses ranging from 4.4% to 9%.
The broader market indexes also moved higher on the day, with the Dow Jones Industrial Average gaining 0.8%, the S&P 500 rising 1.5%, and the tech-heavy Nasdaq Composite climbing 2.3%. Investors appeared optimistic that Congress could be nearing a deal to end the government shutdown, which has been ongoing for some time.




