Artificial intelligence (AI) has been the standout trend in 2024, and investors are bullish on AI's potential as significant tech players pour billions into the sector. Palantir Technologies (NYSE: PLTR), an AI leader, has seen its stock rise 40% year-to-date, with the most recent month bringing in 20% growth.
Palantir stock, Google stock, CrowdStrike and Netflix lead the latest IBD Breakout ETF list of breakout stocks to watch.
Palantir's growth is stabilizing and its profits are soaring. Symbotic has an early-mover advantage in the warehouse automation market.
Palantir could be the bridge that brings AI technology into government and military contracting. The company has compelling long-term prospects but also an uncomfortably high valuation.
Virtus Investment Partners‘ Joe Terranova is eyeing a couple of big data companies as the artificial intelligence (AI) story begins to tilt toward software.
Palantir provides mission-critical software solutions to government agencies. It's now leveraging that experience to expand into the commercial segment.
Generative artificial intelligence (AI) is growing by leaps and bounds, and while hardware is the initial beneficiary, software will dominate the next wave of AI adoption. Estimates suggest the generative AI software market could soar 18,647% by 2032, according to Bloomberg Intelligence.
Palantir sells analytical software to governments and corporations. Revenue growth is accelerating, and margins are expanding.
Palantir is a leader in the booming AI and data analytics industry. The company's recent results are taking the wind out of some of the most common bearish arguments against its stock.
Palantir Technologies (PLTR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The value of Palantir's relationship with the U.S. government is immense. The company is expanding its enterprise business rapidly.
Big data analytics specialist Palantir (NYSE: PLTR ) saw its shares swing higher on Thursday following a major announcement. Early this morning, the company disclosed a strategic partnership with Voyager Space, a global leader in space exploration.