Palantir Technologies Inc Stock News

Alex Karp ran through the woods with neon-pink ski poles and then paused to address his employees and shareholders.

Palantir co-founder and Chairman Peter Thiel has been selling shares of the stock this year and plans to continue to reduce his stake. The stock has been on an incredible run since the start of 2023.

Palantir is known for its work in the Defense and Intelligence industries. However, recent results show an inflection in its commercial business.

Big market-cap stocks like Workday and Apollo Global Management top the list of possible admissions. Coinbase Global, Trade Desk, and Ferguson Enterprises have a shot too.

S&P 500 inclusion is a big deal for Palantir but investors should expect short-term volatility in the stock.

Palantir was added to the S&P 500. The company announced a five-year extension with a big customer.

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During its upcoming rebalancing, the S&P 500 index will add Palantir Technologies. The artificial intelligence (AI) specialist has decades of experience and turned its focus to generative AI.