US stocks hit records as Palantir profits and oil price drop

On August 4, 2026, US stock markets reached record highs as Palantir reported strong profits and oil prices eased. Meanwhile, Anthropic appointed a global affairs chief to address AI policy amid tensions with the Trump administration. Additionally, SpaceX doubled its revenue, driven by compute deals with Anthropic and Google, as well as Starlink growth. These developments highlight a robust tech sector despite ongoing political and trade uncertainties.