Many technology stocks enjoyed impressive gains in the last year or so. Two such stocks are Palantir Technologies (PLTR 6.43%) and Reddit (RDDT 8.03%).
From its launch in late 2020 to March 24, 2025, Palantir Technologies (PLTR 6.43%) stock has returned an impressive 952%. That means that if you invested $10,000 at its IPO, you would now have a whopping $105,200.
Palantir's new revenue driver, AIP, and rising AI demand have significantly boosted growth, breaking down previous bearish theses and leading to a neutral stance. Palantir's Q4 2024 earnings showed a 36% YoY sales increase, with U.S. commercial revenue surging 64%, and a record 45% operating income margin. Despite strong growth and a unique AI-driven business model, Palantir's current valuation appears overextended, pricing in excessive future market share assumptions.
TheStreet Pro's Chris Versace explains. Transcript: Chris Versace: Many times I get asked the question, you know, Chris, across the array of stocks that you have in the portfolio.
Palantir Technologies (PLTR 5.63%) stock charged higher on Monday, climbing as much as 7.1%. As of 2:03 p.m.
Palantir (PLTR) shares jumped Monday amid a broader rally among tech stocks to open the week.
Shares of Palantir Technologies Inc. (NASDAQ: PLTR) gained 5.29% through midday trading on Monday, capping a strong five-day run that has sene the stock price increase by 11.87%.
Palantir (PLTR 4.97%) stock appeared to be in a bubble at the start of the year. Investors' expectations were incredibly high, and the valuation looked inflated.
Palantir Technologies (PLTR 4.06%) has been one of the hottest artificial intelligence (AI) stocks on Wall Street, but it has become a bit overheated. This has caused the stock to sell off 30% from its all-time highs.
Data is abundant, if not overwhelming, on Wall Street. Between earnings season -- the six-week period when a majority of S&P 500 companies unveil their quarterly operating results -- and near-daily economic data releases, it can be easy to miss something important.
Sometimes you're hot. Other times you're not.
The stock market's recent volatility pushed down the price of many high-flying artificial intelligence (AI) stocks. Concerns over the future of the economy are roiling the market.