Palantir and MicroStrategy Join Nasdaq 100: Will Their Stocks Surge Further?

Reported 3 days ago

Palantir Technologies and MicroStrategy have been added to the exclusive Nasdaq 100 index, reflecting their significant growth in 2024—340% and close to 400%, respectively. While Palantir's AI solutions promise potential growth despite high valuation concerns, MicroStrategy's stock is largely driven by its Bitcoin holdings and retail investor excitement, despite a decline in sales. The future performance of both stocks will likely hinge more on market sentiment than on fundamental performance.

Source: YAHOO

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