An artificial intelligence darling just became the latest tech firm to announce a move to Florida.
Some experts say Florida's more business-friendly policies are helping the state attract more corporations.
Tech giants have been increasingly flocking to Florida from business hubs like New York and California in pursuit of lower taxes, warm weather and safer neighborhoods.
Palantir Technologies Inc (NASDAQ:PLTR) stock has remained a staple on Schaeffer's Senior Quantitative Analyst Rocky White's list of names seeing the most attention from options traders over the past 10 days, making the list every week so far in 2026.
Palantir is moving its headquarters to Miami, Florida. The company previously moved from Palo Alto, California to Denver in 2020.
Zacks.com users have recently been watching Palantir Technologies (PLTR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Palantir Technologies (PLTR) has corrected over 36% from its all-time high, driven by AI-related fears impacting SaaS stocks. I see the AI threat as overblown for PLTR, given its unique enterprise integration and ontology expertise, making its business model resilient. PLTR's fundamentals remain strong: recent earnings beat, raised FY2026 guidance to $7.19B revenue (+61% YoY), and robust government contracts.
Although Palantir (NASDAQ: PLTR) stock has been under pressure amidst the early 2026 artificial intelligence (AI) sector pullback, Wall Street remains overall bullish regarding the equity.
Palantir Technologies (PLTR) stock has decreased by 26.3% over 21 trading days. This recent decline highlights renewed worries about its extremely high valuation and reliance on government contracts.
I call Palantir's selloff from the October highs highly irrational, given that the growth story hasn't shown the slightest signs of cracks. As usual, the U.S. commercial segment drove outperformance, with Q1 guidance 33% above consensus and remaining deal value up 145% year-over-year in Q4 (above revenue growth). The Chain Reaction, built on the AIP platform, could be a key growth catalyst for the U.S. commercial growth this year, given its exposure to the AI's picks & shovels.
Insiders at Palantir Technologies (NASDAQ: PLTR) have sold more than $1 billion worth of stock over the past 12 months, exceeding the company's net income during the same period.
The Roundhill PLTR WeeklyPay ETF (PLTW) offers 1.2x leveraged exposure to Palantir (PLTR) with a weekly reset, targeting amplified returns and income. I assign a conditional Hold rating to PLTW, citing its unique structure, leverage risks, and suitability for sophisticated investors seeking enhanced PLTR performance. PLTW's weekly compounding and return-of-capital distributions provide tax deferral but introduce NAV erosion and variable payout risks.