Palantir (NYSE: PLTR) continues to dominate headlines, reaching a new record high of $66.00 as it prepares to switch its stock listing from the New York Stock Exchange (NYSE) to the Nasdaq.
Massive News for Palantir Stock Investors
When you think about stocks that are up 200% in 2024, investors thoughts will quickly go to technology stocks and names like NVIDIA Corp. NASDAQ: NVDA and Palantir Technologies Inc. (NYSE: PLTR). But after a strong earnings report, there's another name that may be joining that list, Flutter Entertainment plc NYSE: FLUT.
Investors Are Piling Into Palantir Stock After Revenue Soars. Should You Follow?
Major U.S. equities indexes dropped to close out the trading week after Federal Reserve Chair Jerome Powell suggested that the central bank has leeway to ease off on its rate-cutting campaign if needed.
CNBC's Melissa Lee and the Fast Money traders—Karen Finerman, Tim Seymour, Julie Biel, and Steve Grasso—discuss Palantir as the stock surged after the company announced that it was moving to the Nasdaq from the New York Stock Exchange.
Meta is joining Palantir as a leading provider of artificial intelligence (AI) services for the U.S. military.
Palantir Just Hit Another All-Time High. Is the Stock Still a Buy?
Palantir continued its torrid run on Friday, with the stock popping after the company said it was moving to the Nasdaq from the New York Stock Exchange. The shares are now up more than 50% since the company's better-than-expected earnings report last Monday, a day before Election Day.
Alex Coffey, Jenny Horne, and Diane King Hall discuss Palantir (PLTR) transferring its listing to the Nasdaq from the NYSE. Palantir says when it moves it will meet the criteria to be included in the Nasdaq-100 index.
The artificial intelligence (AI) and data mining specialist will be joining (another) major stock market exchange.
As most equities experience a significant sell-off during the November 15 session, Palantir's (NYSE: PLTR) share price is standing out, outperforming the general market.