The launch of OpenAI's ChatGPT in late 2022 spurred a tidal wave of interest in generative artificial intelligence (AI) companies, sending many of their stock prices parabolic. Palantir Technologies (PLTR 2.09%) and Arm Holdings (ARM 3.88%) were major beneficiaries. However, while early investors made millions from both companies, it might be wise to take profits before 2025. Let's dig deeper to find out why. Palantir TechnologiesA great company doesn't always make a great investment. And with shares up by ...

Palantir Technologies (PLTR 2.09%) stock has been on a tearing run on the market in 2024, logging remarkable gains of 370% as of this writing. The rapid uptake of artificial intelligence (AI) software solutions by organizations and governments played a central role in this terrific surge.So, if someone bought just $100 worth of Palantir stock at the end of 2023, their investment would now be worth $470. However, if you're one of those who missed buying Palantir before its 2024 surge began and are skeptical ...

Can this AI stock become the next Wall Street favorite after Palantir?SoundHound AI's (SOUN -0.93%) shares surged by nearly 875% in 2024 mainly due to record third-quarter revenue performance and increasing adoption of the company's conversational AI solutions by major brands across industries. The stock also benefited significantly from a bullish report from Wedbush analyst Dan Ives, who raised the company's target price from $10 to $22.Palantir Technologies' (PLTR 2.09%) stock posted remarkable gains of a ...

Palantir Technologies (PLTR 2.09%) stock was in red-hot form in 2024 as investors showed increasing interest in this software platforms specialist thanks to strong demand for the company's artificial intelligence (AI)-focused offerings, which led to nice accelerations in its top- and bottom-line growth.As of this writing, the stock is up an eye-popping 380% this year, and now trades at an extremely rich valuation. With a price-to-sales ratio of 75 and a trailing earnings multiple of 412, Palantir is not an ...

An analyst has highlighted key Palantir’s (NASDAQ: PLTR) stock technical indicators for potential investors to watch as the equity reaches new highs.Notably, Palantir’s recent highs have mainly been driven by investor enthusiasm surrounding the company’s advancements in artificial intelligence (AI). These inroads into AI have led Palantir to secure notable partnerships, key to boosting the company’s financials.As of Christmas Day, PLTR was valued at $82.88 after hitting a record high of $84 during early tra ...

An analyst has highlighted key Palantir’s (NASDAQ: PLTR) stock technical indicators for potential investors to watch as the equity reaches new highs.Notably, Palantir’s recent highs have mainly been driven by investor enthusiasm surrounding the company’s advancements in artificial intelligence (AI). These inroads into AI have led Palantir to secure notable partnerships, key to boosting the company’s financials.As of Christmas Day, PLTR was valued at $82.88 after hitting a record high of $84 during early tra ...

If you are sick of hearing about artificial intelligence (AI) on Wall Street, I have some bad news. This theme is unlikely to go away anytime soon. The market is incredibly broad, spanning technologies like voice recognition, robotics, machine learning (ML), natural language processing, autonomous vehicles, and more.The field of artificial intelligence could have a combined annual market of over $800 billion by 2030, according to Statista. Generative AI -- as used in ChatGPT, Perplexity, and Alphabet's Gemi ...

AI is driving fantastic results for both companies, but one stock may have gotten ahead of itself.Businesses and governments are generating more data than ever, and software companies like Palantir (PLTR 0.17%) and Oracle (ORCL -0.31%) can help them make the most of it. But effective data utilization today relies on a key ingredient -- artificial intelligence -- and both companies stand to gain from the increasing demand for AI services.Both companies have already seen the impact of the growth in AI spendin ...

ToplineThe best-performing stock on the S&P 500 this year isn’t Nvidia or Tesla, but rather another, more under-the-radar name benefitting from the artificial intelligence gold rush: Palantir Technologies, the data-hungry defense contractor run by eccentric billionaire Alex Karp.Palantir stock's 2024 rise has coincided with an AI boom.AFP via Getty Images Key FactsPalantir is the top-performing stock on the S&P of 2024, returning 369% year-to-date through Friday. Though Palantir only matriculated in Septem ...

Duquesne Family Office's chief is cashing in his chips on two leading artificial intelligence (AI) stocks in favor of a drugmaker whose shares are up by 112% for the year.Over the last two years, there hasn't been a hotter trend on Wall Street than the rise of artificial intelligence (AI). The ability for AI-powered software and systems to become more proficient at their existing tasks, as well as evolve to learn new jobs over time without human intervention, gives this technology a virtually limitless ceil ...