If you had invested $25,000 in Palantir Technologies (NASDAQ: PLTR) stock at the start of 2024, you would have finished the year with more than $110,000. Last year was a significant one for the business as it solidified itself as a top growth stock.
There’s no shortage of uncertainties surrounding productivity gains to be had from the AI boom. Will embracing next-generation large language models (LLMs) actually lead to an earnings boost? And when will such a boost be on the horizon?
Palantir Technologies Inc. (PLTR) closed the most recent trading day at $81.22, moving +1.83% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.53%. Meanwhile, the Dow experienced a rise of 0.
Palantir Technologies Inc. (PLTR) ended the recent trading session at $78.98, demonstrating no swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily ...
Last year carried a lot of ups and downs for Uber investors. Through August and September, shares of Uber had actually declined by about 7% on the year. However, the stock swiftly rebounded and soared as high as 37% by October. It really wasn't until December when shares of Uber started to crater.
The company also expanded its customer base while benefiting from broader enthusiasm for AI-powered tools, making it the S&P 500’s top stock for the year. Adding to its momentum, Palantir’s ...
Palantir also continues to introduce new products, including a visual navigation AI that can guide autonomous drones in areas without GPS. As a business, Palantir looks solid. It has an impressive set of competitive advantages, given its focus on defense tech and experience in data mining and analytics.
Palantir Technologies (PLTR), a software company that specializes in big-data analytics, will release its Q4 financials on February 3. PLTR