Its securities division gave Palantir a $23 price target, calling it a 'best-in-class AI asset'.

David Tepper bought a new stake, betting against the regional banking crisis narrative.

Reported that its provisions for credit losses were $50 to $100 million lower than Wall Street expected, which helped calm market fears.

Reported better-than-expected results for credit loss provisions, suggesting the credit problem is not widespread.

Down 10% on sector-wide fears, but noted as a potential buying opportunity if it approaches its 2023 lows (around $27), as it was seen as fundamentally sound during the last crisis.

Investors should monitor for potential further volatility as credit issues raise questions about asset quality.