Palantir Technologies (PLTR -11.49%) was one of the hottest artificial intelligence (AI) stocks on the market in 2024. In fact, with shares soaring 340%, it was the top-performing member of the S&P 500 (SNPINDEX: ^GSPC) last year.
Palantir leverages a self-reinforcing data flywheel, enhancing its AI capabilities through proprietary data from business and government clients, creating a significant competitive edge. The company's platforms, Foundry and Gotham, actively learn from customer data, optimizing workflows and refining analytical models, driving higher usage and more data. This compounding cycle of data and smarte...
Palantir (PLTR -3.36%) is a fast-growing AI company that's captured the market's attention. But is this the best way to play AI, or are there less expensive stocks out there?
A spike in the prevalence of short positions is no strange occurrence following strong stock market gains. Still, for traders betting against Palantir (NASDAQ: PLTR), the April 3 session might prove an uncommon bonanza.
Last year, shares of artificial intelligence (AI) software company Palantir Technologies (PLTR 3.35%) went parabolic -- soaring by 340%, which made the company the top-performing stock in the S&P 500. In addition to this feat, Palantir was added to the Nasdaq-100 toward the end of 2024.
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