Previous close | 15.19 |
Open | 15.36 |
Bid | 14.97 x 2900 |
Ask | 14.98 x 38800 |
Day's range | 14.82 - 15.98 |
52-week range | 5.92 - 17.16 |
Volume | |
Avg. volume | 60,460,766 |
Market cap | 31.819B |
Beta (5Y monthly) | 2.84 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.12 |
Earnings date | 07 Aug 2023 - 11 Aug 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 9.50 |
Palantir (NYSE: PLTR), a leading software company, is getting enormous interest as investors look to invest in companies benefiting from the AI tailwind. As such, they should at least know these two aspects of Palantir before buying its stock. Founded in 2003 to build software for counterterrorism operations, Palantir has evolved into a significant player in the software industry, serving government agencies in Western countries and sectors such as energy, transportation, financial services, and healthcare.
Palantir continues accelerating its AI innovations through large language models and edge AI technologies.
To this end, stocks such as Palantir Technologies (NYSE: PLTR), MongoDB (NASDAQ: MDB), and SoFi Technologies (NASDAQ: SOFI) could not only benefit from meme-driven hype but also build on gains once the fanfare subsides. Around the time of its 2020 IPO, Palantir's big data capabilities drew the attention of meme investors. Additionally, the release of its new AI platform, AIP, may have further boosted the stock as Palantir touted its new capabilities related to large language models.
Tech speculators may be starting to grow wary of the growth promised by the artificial intelligence hype bubble. WealthWise Financial CEO Loreen Gilbert details which major tech stocks remain independently strong, while benefiting from AI trends.
Let's take a look at three AI-related stocks and see why one might want to be avoided right now while the other two have potential. One AI-related company to avoid at the moment is Nvidia (NASDAQ: NVDA). While I agree that Nvidia is a likely winner and will see its business rapidly grow, it's hard to justify new investors buying the stock at its overinflated valuation.
The British government is pushing for London to become the location for a new global AI regulator, modelled on the International Atomic Energy Agency.
Shares of Palantir Technologies (NYSE: PLTR) charged sharply higher Wednesday, defying the broader market downturn and spiking as much as 11%. The catalyst that sent the artificial intelligence (AI) and data mining specialist higher was the company's latest deal, which marks the third such announcement this week. Palantir announced a new multi-year partnership to bring "smart factory" technology to Panasonic's (OTC: PCRFY) manufacturing facility in Nevada.
In this video, I will talk about Palantir (NYSE: PLTR) and the recent partnerships that the company announced as well as go over some comments that CEO Alex Karp made in a recent interview about the rapid rise of AI.
In a full-blown bull market, many businesses could see their valuations skyrocket, particularly those that are focused on growth. Palantir Technologies has been a hot stock lately, soaring more than 130% since the start of 2023. Artificial intelligence (AI) and the potential growth opportunities that it can open up for Palantir are what have been driving a lot of the recent bullishness for the business.
Palantir (NYSE: PLTR) gained a lot of attention when it went public through a direct listing in 2020. It initially developed its data analytics platform with funding from the CIA in response to the terrorist attacks of Sept. 11, 2001, and its technology was reportedly used to hunt down Osama Bin Laden in 2011. Its Gotham platform has been widely adopted by the U.S. military and a wide range of government agencies over the past two decades, and it boldly declared it would become the "default operating system for data across the U.S. government" in its S-1 filing prior to its public debut.
As the trading day comes to a close, Yahoo Finance Live breaks down the top tickers of the day, including Lululemon, SentinelOne, and AI stocks such as Nvidia and C3.ai.
How bad does the world need to get before Palantir is happy? Artificial Intelligence could be the crisis it was looking for. In meetings with tech companies I keep hearing the phrase “Oppenheimer moment” — a reference to Robert Oppenheimer, the physicist who led the creation of the atomic bomb.
(Bloomberg) -- Palantir Technologies Inc. Chief Executive Officer Alex Karp said new AI developments at his company are so powerful that “I’m not sure we should even sell this to some of our clients.” Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiFlights to LaGuardia Airport Grounded as Smoke Blankets NYCTech Stocks Sputter as Tra
Palantir Technologies (NYSE: PLTR) has been a momentum stock since it first went public during most of its two and a half years as a public company. In May, the company found itself in the center of the hottest trend in investing, and the stock shot higher. Shares of Palantir gained 89.8% in May, according to data provided by S&P Global Market Intelligence, as investors flocked toward stocks that are involved in artificial intelligence.
Jacobs (J) and Palantir partnership extension focuses on commercializing new AI solutions across multiple sectors.
Shares of Palantir Technologies (NYSE: PLTR) have been hot this year, rising more than 125% since the start of January, and it's now trading at a 52-week high. Last year, Palantir incurred a $374 million net loss. In a recent letter to shareholders, CEO Alex Karp said that management expects the business to be profitable throughout the rest of the year.
NVIDIA, Marvell, Microsoft, Arista and Palantir have been highlighted in this Market Edge article.
As chipmaker Nvidia soars above a $1 trillion market value, investors are searching for the next big tech name that could see the same AI boost. Portfolio Manager of the BullseyeBrief.com American Ingenuity Fund Adam Johnson details several tech stocks that could follow Nvidia's lead and capitalize on artificial intelligence trends.
Are you in the AI mania? Tracey Ryniec and Andrew Rocco look at what all the fuss is about.
It's hard to find companies focused on artificial intelligence (AI) not trading for an absurd premium. While multiple products are required to patch together a suitable cybersecurity strategy, CrowdStrike (NASDAQ: CRWD) provides many essentials, starting with endpoint security. This is the focal point of CrowdStrike's offering, but it also has more than 20 other products, including identity protection, cloud security, and threat intelligence, available to its clients.
Shares of Palantir Technologies (NYSE: PLTR) charged sharply higher Tuesday, joining the general enthusiasm for anything related to artificial intelligence (AI). Rather, the catalyst that helped the machine-learning software and data-mining specialist gain ground was a flurry of news reports from another purveyor of AI technology -- Nvidia (NASDAQ: NVDA). Over the weekend, Nvidia CEO Jensen Huang gave the keynote address at the Taipei International Information Technology Show -- also known as Computex.
Yahoo Finance Live's Yahoo Finance Live's Rachelle Akuffo takes a look at Palantir Technologies shares jumping amid AI hype
Yahoo Finance Live anchor Julie Hyman takes a look at several trending stocks including Nvidia, Tesla, Palantir, C3.ai, AMD, as well as Cathie Wood removing Nvidia from her Ark Innovation ETF holdings.
Palantir Technologies Inc. (PLTR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.