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James Demmert credits Palantir's (PLTR) management for executing A.I. tactics early.
At the moment, one of the stocks with the strongest momentum in the market belongs to Palantir (NASDAQ: PLTR), the Alex Karp-led data analytics and AI infrastructure business.
Following Palantir's (NASDAQ: PLTR) breakthrough as a key player in artificial intelligence (AI) software, Wedbush Securities analyst Dan Ives has identified the next stock to follow suit.
Less than three weeks ago, investors received what can arguably be described as the most-important data dump of the third quarter. Amid countless earnings reports and economic data releases, Nov. 14 marked the deadline for institutional investors to file Form 13F with the Securities and Exchange Commission.
Palantir (PLTR) shares are likely to remain in focus after jumping Tuesday following news that the analytics software provider's entire product suite has received approval for use in processing sensitive federal workloads, positioning the firm to provide an array of services to government entities.
Major U.S. equities indexes were mixed as fresh data showed an uptick in job openings and a slowdown in layoffs in October, signaling resilience in the labor market. Jobs are set to remain in focus this week, with the November employment report scheduled for release Friday morning.
A.I., metals and finances are all industries Michael Cuggino will watch heading into the new year. For Palantir (PLTR), he believes the stock has "room to run" even after the company hit another new all-time high.
The federal government on Tuesday gave Palantir a higher rating for secure cloud computing services. Palantir stock climbed on the news.
Palantir (PLTR) rallied again to yet another all-time high after receiving FedRAMP "high authorization" for its cloud services. How much higher can the stock soar?
The software company also leads the list of stocks that could be added to the Nasdaq 100 at the end of December.
Palantir Technologies Inc PLTR has been the toast of Wall Street in 2024, skyrocketing 300% year-to-date. Its AI-driven growth story, fueled by blockbuster demand for its Artificial Intelligence Platform, has investors buzzing.