Shares of Palantir Technologies Inc (NASDAQ:PLTR) were last seen 4% lower at $73.32, but earlier hit a record high of $80.91 after software firm said it expanded its partnership with the U.S. Special Operations Command (USSOCOM).
Palantir stock initially gained then reversed down after the software maker announced an expansion of its contract with the U.S. Special Operations Command. The post Palantir Stock Reverses Down Amid Military Contract Expansion appeared first on Investor's Business Daily.
Since September, the once dubbed ‘Messi of AI' Palantir (NASDAQ: PLTR) has been on a remarkable run.
Mike Gallagher, Palantir head of defense and former U.S. Congressman (R-Wis.) joins 'Squawk Box' to discuss the collapse of the Assad regime in Syria, implications for the rest of the Middle East region, what America's role should be going forward, Palantir's partnership with Anduril, and more.
The rapid rise of Palantir Technologies' (NASDAQ: PLTR) stock shows no signs of slowing down at the moment, as the equity has blasted through key technical and psychological levels amid persistent valuation concerns.
Palantir Technologies (PLTR 6.22%) has had an incredible run in 2024. The company has become one of the most talked about platforms fueling the artificial intelligence (AI) narrative, shares of the stock have gained more than 300% this year alone, and it's become a member of the S&P 500 index.
Amid hype over artificial intelligence, the best AI stocks generate revenue or get a strategic edge. The post AI Stocks: Tech Giants, Cloud Titans Face 'Show Me' Moment.
Palantir (PLTR 0.47%) has been one of 2024's best-performing stocks. As of the time of writing, it has risen an astounding 340%, meaning the stock has more than quadrupled in 2024.
On Sept. 30, 2020, data analytics specialist Palantir Technologies (PLTR 6.22%) went public.
Palantir Technologies (PLTR 0.47%) was once known as a software-as-a-service company that did most of its business with the government. But in recent times, the company, along with increasing its revenue from government contracts, has also seen its commercial business growth explode.
Palantir Technologies (PLTR 0.47%) has become one of the best performing stocks in the market this year, up more than 340% year to date as of this writing. However, the stock's strong performance has also left it with one of the most hefty valuations in the space.
Two of this year's hottest stocks are both darlings of the artificial intelligence (AI) movement. Data analytics software developer Palantir Technologies (PLTR 6.22%) and cybersecurity specialist CrowdStrike (CRWD 0.22%) have been in the spotlight for much of 2024 -- albeit for much different reasons.