Reported about 21 hours ago
Palantir Technologies has experienced a remarkable 320% stock price increase in 2024 and has joined the S&P 500 and Nasdaq Stock Exchange. Investors are optimistic about its continued growth in light of robust revenue reports, especially in government services, driven by AI demand. However, challenges loom due to potential over-investment in AI by businesses and Palantir's high stock valuation, raising concerns about sustainability and possible corrections in 2025.
Source: YAHOO