Reported about 10 hours ago
Cathie Wood's Ark Invest has seen significant success with Palantir Technologies, which has recently surged in stock price due to strong demand for its Artificial Intelligence Platform. Despite its high valuation, analysts suggest that the company's growth potential and expanding customer base justify a potential investment. With Palantir's revenue and customer retention both on the rise, investors with a long-term outlook may find it worth adding to their portfolios, especially as the AI software market is poised for substantial growth.
Source: YAHOO