Palantir Technologies Inc Stock News

Palantir Technologies ( NYSE:PLTR ) sits at the center of the artificial intelligence (AI) revolution as the leading enterprise AI software platform.

Nvidia reported revenue and earnings that exceeded expectations. The AI chipmaker put to bed, at least for now, fears of an AI slowdown, which is great for Palantir.

I am reiterating my 'Buy' rating on Palantir Technologies with a $200 per-share price target, reflecting a 21% upside driven by robust Q3 results and an increase in forward guidance. PLTR's Q3 revenue and earnings far exceeded expectations, with U.S. commercial revenue up 121% YoY. However, the stock has been under pressure from growing AI bubble concerns. Nvidia's Q3 earnings yesterday proved ...

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ: PLTR), a leading builder of secure, artificial intelligence (AI) software, today announced it has achieved the IRAP PROTECTED level under the Australian Information Security Registered Assessors Program (IRAP), further enabling Australian government agencies and commercial organizations to leverage Palantir Foundry with confidence. IR...

Artificial intelligence demand has propelled a number of technology companies into the trillion-dollar club. Palantir has witnessed immense valuation expansion in the past two years.

The artificial intelligence (AI) boom has impacted several industries, but tech companies like NVIDIA Corp.

Futures are trading higher this morning, as all the major indices once again closed lower on Tuesday, marking the fourth straight day of losses.

Palantir's share price has been under pressure of late, but the market seems to be ignoring the company's rapidly improving prospects. The company delivered a triple-digit percentage jump in earnings last quarter, and it could sustain that impressive momentum.