Following a meteoric rise this year, software company Palantir Technologies Inc. (PLTR) and bitcoin buyer MicroStrategy Incorporated (MSTR) secured an inclusion in the Nasdaq 100. While Palantir’s shares have soared 369.2% year to date, MicroStrategy’s shares have climbed 476.6%. Image Source: Zacks Investment ResearchThe addition in the exclusive Nasdaq 100 reflects market confidence in Palantir and MicroStrategy’s fundamentals. Moreover, their share prices will increase due to an uptick in demand from exc ...

Key TakeawaysShares of Palantir Technologies, MicroStrategy, and Axon Enterprise traded lower in their first day on the Nasdaq 100 Index.The Nasdaq announced Dec. 13 that the three would join the index before today's start of trading as part of its annual reconstitution.MicroStrategy also gave an update on its previously announced stock sale and increased purchases of bitcoin. It hasn't been a great kickoff for the newest members of the Nasdaq 100 Index. Shares of Palantir Technologies (PLTR), MicroStrategy ...

Palantir Technologies Inc. (PLTR) shares soared 8.5% in the last trading session to close at $80.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 20.9% gain over the past four weeks.The stock has recorded the price hike as the company focuses on deploying AI models in production amid the commoditization of cognition due to the rapid advancements in AI models.This company is expected to post quarterly earnings of $0.11 per shar ...

For a stock that rallied 238.46% in the last 6 months to an impressive press time price of $81.57, Palantir (NASDAQ: PLTR) has been a surprisingly contentious topic. PLTR stock 6-month price chart. Source: FInboldOn the one hand, there has been a veritable deluge of positive developments for the company, starting with its inclusion in the benchmark S&P 500 index and covering topics such as major government contracts and the moving of the listing from NYSE to NASDAQ for inclusion in the Nasdaq 100.On the oth ...

Battle lines are drawn in the defense sector. On one side, Palantir Technologies Inc PLTR riding high on a meteoric stock surge of over 350% this year. On the other, defense titan Lockheed Martin Corp LMT, grappling with sluggish stock performance and stiff competition from a rising tech consortium.The Disruptor: PalantirPalantir, alongside Anduril Industries, is leading a groundbreaking coalition with Elon Musk‘s SpaceX and OpenAI to revolutionize the $850 billion U.S. defense market. The goal? Outpace tra ...

Palantir Technologies (PLTR 8.54%) has taken the market by storm in 2024.Share prices of the artificial intelligence (AI)-focused data fusion specialist are up 332% year-to-date through Dec. 19. The stock soared as its revenue growth accelerated over the last five quarters and its profit margins expanded significantly.In the last year or two, Palantir went from a speculative cloud stock to a viable and growing business. It also benefited from gaining entry to the S&P 500 and soared since the November presid ...

Shares of Palantir Technologies (PLTR 8.54%) have advanced 370% this year. Factors contributing to that upside include strong financial results driven by demand for its artificial intelligence platform, as well as the company's inclusion in the S&P 500 and Nasdaq-100. But investors should think twice before buying shares. Wall Street sees Palantir as one of the most overvalued stocks on the market.The median 12-month target among the 22 analysts that follow Palantir is $41 per share, according to The Wall S ...

In Brief Two big defense tech players, Palantir and Anduril, are talking to tech companies including SpaceX, OpenAI, Saronic, and Scale AI about forming a consortium to bid on Pentagon contracts, according to a report in the Financial Times.The goal, the FT says, is to challenge the dominance of “prime” defense contractors like Lockheed Martin, Raytheon, and Boeing. One unnamed participant described this as an effort to “provide a new generation of defense contractors,” while another said this will be a mor ...

With shares up by 41% since Nov. 5, Palantir Technologies (PLTR 8.54%) straddles two massive stock market hype cycles: generative AI and the Trump presidency. Let's explore how these potential opportunities could play out for the data analytics company in 2025 and beyond. AI before it was cool While AI surged into the mainstream with the launch of OpenAI's ChatGPT in late 2022, Palantir has been working on a somewhat related technology, big data analytics, since its founding in 2003. This field involves pro ...

One of the prominent stocks driven by artificial intelligence (AI) is Palantir Technologies (PLTR 8.54%). From a low of around $6 per share at the height of the 2022 bear market, the SaaS stock's AI tools have driven a more than 12-fold gain in the stock in two years.That may lead to questions of whether that can continue in 2025. Ultimately, one cannot predict what will happen to Palantir over the next year. Still, looking at the state of the business and its financials could offer insight into whether the ...