Reported about 2 months ago
Palantir Technologies (NYSE: PLTR) has seen a substantial increase in stock value, reaching an all-time high, largely driven by its artificial intelligence platform and growing commercial customer base. With a reported 150% rise this year, the company's revenue from commercial operations has surged, outpacing revenue from government contracts. While the stock's high valuation may deter value investors, growth-oriented investors might find potential in Palantir’s promising future in a burgeoning AI market expected to grow exponentially.
Source: YAHOO