Reported about 6 hours ago
Palantir experienced an 18% increase in premarket trading following a positive revenue forecast, driven by heightened demand for its software and data analytics in the context of businesses adopting generative AI. With a projected market capitalization increase of $35 billion, Palantir's AIP platform is becoming essential for companies aiming to enhance their AI capabilities. Analysts have raised their price targets for the stock, recognizing Palantir as a strong player in the AI sector.
Source: YAHOO