Palantir Technologies Inc Stock News

With the market having rallied back from lows hit in April 2025, artificial intelligence (AI) stocks once again look ready to lead the charge higher. AI has the potential to be a once-in-a-generation technological shift, and as such, AI stocks should be long-term winners.

MIAMI, June 06, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs announces the launch of the Defiance Daily Target 2X Short PLTR ETF (Ticker: PLTZ ), the first 2X short single-stock ETF designed to provide amplified daily inverse exposure to Palantir Technologies Inc. (NASDAQ: PLTR). Founded in 2003 to support U.S. intelligence operations, Palantir Technologies Inc. now provides software solutions for co...

The stock market reversed lower Thursday, as Palantir and Tesla plunged. Broadcom sold off on earnings after the closing bell.

Shares of Palantir Technologies (PLTR -7.48%) dropped on Thursday, falling 5.9% as of 2:48 p.m. ET. The move down comes as the S&P 500 lost 0.2% and the Nasdaq Composite fell 0.4%.

Palantir CEO Alex Karp told CNBC's Squawk on the Street on Thursday that the artificial intelligence arms race will end with the U.S. or China winning. "Our allies in the West, in Europe, are going to have to learn from us," Karp said.

Two of the most popular AI stocks to invest in right now are Palantir Technologies (PLTR -2.34%) and SoundHound AI (SOUN 2.17%). Both have been impressive since the start of 2024, with Palantir rising around 650% and SoundHound AI increasing about 365%.

Artificial intelligence (AI) has reached an inflection point where early leaders are separating from the pack, creating exceptional investment opportunities across the AI value chain. From semiconductor giants to software innovators, the winners in this space offer compelling multiyear growth stories as AI transforms from experimental technology to business necessity.

Palantir's high valuation is justified by its sustained hypergrowth, with strong Q1 2025 results and raised revenue guidance signaling continued momentum. The company's impressive 39.3% YoY revenue growth and rising margins demonstrate operational excellence and resilience, outpacing even its own forecasts. Reduced marketing and R&D spending, alongside surging profitability, highlight PLTR's st...