Live Updates Live Coverage Updates appear automatically as they are published. Morgan Stanley Weighs In 10:57 am by Eric Bleeker As of 11:00 a.m. ET, Palantir has erased some earlier losses and is now down 12%.

Palantir Technologies (PLTR, Financials) will report quarterly results after the market closes Monday, and traders are bracing for a major move. Options pricing implies a swing of more than 12%, which could push the stock to a new all-time high near $139or knock it back to $108.

It's almost time for what's quickly becoming earnings season's must-watch name: Palantir (Nasdaq: PLTR). I'm sure plenty of 24/7 Wall St. readers are waiting for this report. After all, we called the stock our '10X Moonshot' stock in the 'Discover the Next NVIDIA' report we published last year.