Palantir Technologies Inc Stock News

Palantir Technologies Inc (NASDAQ:PLTR) is one of the best stocks on the Nasdaq today, last seen up 6.4% to trade at $130.17.

Technology has become a major part of our lives, and the surge in demand for digitalization and cloud computing has connected more people and organizations across the world. The emergence of artificial intelligence (AI) has made our lives easier by enabling rapid data analysis to gain insights.

The Trump administration has expanded Palantir's work with the government, spreading the company's technology — which could easily merge data on Americans — throughout agencies.

Dan Ives of Wedbush has been right with Palantir so far. Could he be right about the road ahead?

Stanley Druckenmiller is a billionaire investor who manages capital at his fund, the Duquesne Family Office. Over the past few years, he has made some eyebrow-raising moves related to investing in artificial intelligence (AI) stocks.

The S&P 500 has a long track record of success despite most individual stocks underperforming. In fact, according to a J.P.

There's only one reason I don't already own Palantir (PLTR 0.28%) stock.

Palantir (PLTR 0.28%) rocketed to a record high of $130 per share on May 14. The stock has since retreated modestly, but it still leads the Nasdaq-100 with a 63% year-to-date return as of May 27.