markets
PL -2.23% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
PL drops 2.23% at the open as tech sentiment fractures intraday.
Planet Labs hits $25.945 with the broader risk-off tone hitting quantum and AI-adjacent names hard. QBTS leads the damage at -3.38%, NVDA off 1.72%, TSLA down 1.63% — while AAPL and MSFT hold green, signaling rotation rather than broad capitulation. PL's move off the $26.51 prior close puts it at session lows early.
Watch: $25.50 as the next technical decision point — a break there opens air below. MSFT's resilience at $357.50 is the tell; if mega-cap software holds, PL stabilizes. If QBTS accelerates lower, PL follows.