Palantir Technologies Inc Stock News

Palantir Technologies NYSE: PLTR has been one of the hottest stocks of 2024. Palantir's stock price has soared about 240% year-to-date and 195% for the full year.

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE:PLTR) has renewed its multi-year enterprise agreement with the Rio Tinto Group, one of the world's leading mining and metals groups (ASX:RIO). The agreement extends the enterprise agreement for an additional 4 years and secures Rio Tinto's ongoing access to the Palantir Artificial intelligence Platform (“AIP”). As an early adopter of Pal...

The artificial intelligence company is growing with enterprises, which opens a massive opportunity.

The artificial intelligence (AI)-powered software company has a great business model, which is a feature behind all stocks that are big winners over the long term.

Successful hedge fund manager Israel Englander has been selling Palantir and buying Super Micro Computer.

Palantir delivered strong Q3 earnings, beating estimates and raising FY 2024 guidance, driven by robust growth in both commercial and government segments. The recent performance is fueling concerns regarding the firm's valuation. PLTR's leadership in AI and data management could justify its premium, with significant long-term growth potential, substantial productivity, and cost-saving advantage...

This week, Palantir proved again in Q3 that it's undeniably one of the stronger AI software stocks in the market outside of the cloud hyperscalers. Revenue growth continued to accelerate, with Palantir reporting revenue growth of 30.0% in Q3, ahead of its guidance for 25.2% growth and up from 27.2% in Q2. Palantir is at Mount Everest valuations, trading at topline multiples more than double the...

The AI-driven software company has several key qualities that make it positively stand out from other companies in the AI space, including top-quality ones, such as Nvidia.