This AI Company Is The S&P 500's Best Performing Stock Of 2024 (Hint: It's Not Nvidia)

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 ...