Palantir is a “rare cult with no sex and very little drugs and we’re not poisoning anyone,” quipped its billionaire CEO in a recent sitdown.
Palantir Technologies (NASDAQ:PLTR) has experienced a remarkable surge in its valuation this year, with the company’s stock price rocketing more than 330% year-to-date at the time of writing. This incredible upside has been driven by improving growth expectations for companies like Palantir focused on developing its artificial intelligence platform and expanding its customer base.
Without a doubt, 2024 has been a fantastic year for Palantir Technologies ( PLTR 3.78%) and its shareholders. Yet as the year draws to a close, you may be wondering where Palantir stock will be one year from now. Here's what I think is most likely to happen.
Businesses and governments are generating more data than ever, and software companies like Palantir (PLTR 4.66%) and Oracle (ORCL 0.53%) can help them make the most of it. But eff
Palantir Technologies (NASDAQ: PLTR) has taken the market by storm in 2024. Share prices of the artificial intelligence (AI)-focused data fusion specialist are up 332% year-to-date through Dec. 19. The stock soared as its revenue growth accelerated over the last five quarters and its profit margins expanded significantly.
Along with many smaller defense technology firms, Musk has been heavily critical of legacy defense programs such as Lockheed Martin’s F-35 fighter jet, which is set to cost the U.S. government an estimated $1.7 trillion over its lifetime. As an alternative, he has called for the mass production of cheaper AI-powered drones, missiles and submarines.
Palantir Technologies, the artificial intelligence-software company whose biggest customer is the U.S. government, won new contracts with the Army worth up to $619 million. The stock added 5% on Thursday,
We recently published a list of 10 Buzzing AI Stocks on Latest News and Ratings.In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other ...
Lee Munson, president and CIO of Portfolio Wealth Advisors, explained in a latest program on Schwab Network why he would consider buying Palantir on a dip:
Palantir Technologies Inc. specializes in creating ... Intelligence Platform enhance software deployment and leverage AI for data analysis, respectively. Founded in 2003 and based in Denver ...
The complex, still-evolving technology requires significant resources and expertise. Emelia Probasco is a senior fellow at Georgetown University’s Center for Security and Emerging Technology and an adviser to the Defense Department’s Defense Innovation Unit.
The artificial intelligence (AI) boom is behind Palantir's stock market success ... demand for the most advanced artificial intelligence technologies from our U.S. government and commercial ...