Palantir Technologies Inc. (PLTR)
Palantir Stock: A Millionaire-Maker in the Making?
Palantir (PLTR 2.29%), a provider of data mining and analytics services, went public via a direct listing on Sept. 30, 2020. Its stock opened at $10 on the first day and soared to $39 during the meme stock rally on Jan. 27, 2021, but subsequently sank to an all-time low of $6 on Dec. 27.
Prediction: 2 AI Stocks Will Be Worth More Than Palantir by Year's End in 2025
Shares of Palantir Technologies (PLTR 2.29%) have more than quadrupled year to date over unrelenting demand for the company's new artificial intelligence platform. However, the median price target on the stock implies 48% downside.
Could Asana Be the Next Palantir?
One of the more common ideas surrounding the impacts of artificial intelligence (AI) pertains to productivity in the workplace. JPMorgan Chase CEO Jamie Dimon recently theorized that AI will bring such mass efficiencies to the workplace that employees will only work three and a half days per week as the technology scales.
Better Artificial Intelligence Stock: Palantir vs. Nvidia
Shares of both Palantir Technologies (PLTR 2.29%) and Nvidia (NVDA 3.14%) have delivered stunning gains this year thanks to the growing demand for both artificial intelligence (AI) hardware and software, though it is worth noting that one of these stocks has outperformed the other one by quite some distance.
Palantir Stock Up 313% YTD: Is the Party Over, or More Upside Ahead?
With PLTR's notable rise in stock price, it is crucial to assess its current position and decide if it continues to be a promising investment opportunity.
Will Palantir Technologies Stock Skyrocket on December 13?
Artificial intelligence outfit Palantir Technologies (NASDAQ:PLTR) may be poised to see its stock soar this Friday.
Direxion launches new leveraged ETFs tied to Palantir, Berkshire Hathaway
Direxion said on Wednesday that it has launched new leveraged and inverse exchange-traded funds tied to two stocks, Palantir Technologies and Warren Buffett's Berkshire Hathaway that offer traders a chance to get twice the daily upside movement of each stock or capture the inverse of a daily decline.
New Direxion ETFs Focus On Palantir and Berkshire Hathaway
On Wednesday, Direxion expanded its fund lineup. They introduced two new pairs of single-stock Leveraged & Inverse ETFs.
Why Is BigBear.ai Stock Soaring, and Is It Too Late to Buy This AI Stock?
Investors are hoping Bigbear.ai (BBAI -15.03%) can achieve similar success to Palantir (PLTR -2.17%).
Berkshire, Palantir ETFs Add High-Octane Trading Options With Direxion's Launch
Direxion's latest launch offers new opportunities for short-term traders: single-stock leveraged and inverse ETFs tied to Berkshire Hathaway Inc BRK BRK and Palantir Technologies Inc PLTR.
Palantir Surges As Software Powerhouse Eyes Bigger Defense Role. But There Are Challenges Ahead.
Palantir stock has surged on the company's growing momentum in software, especially in defense. The post Palantir Surges As Software Powerhouse Eyes Bigger Defense Role.
Palantir Stock Is Rising. Why It's Leading the S&P 500.
The software platform developer's shares have surged more than 300% this year.
