What Are 2 Great Tech Stocks to Buy Right Now?

Core Insights - Tech stocks are currently driving the stock market, with the Nasdaq Composite gaining 28% over the last 12 months, outperforming the Dow Jones and S&P 500 [1] - Palantir Technologies and Nvidia are highlighted as strong investment opportunities in the tech sector [2] Palantir Technologies - Palantir is leveraging its Artificial Intelligence Platform (AIP) to transform operations for both government and commercial sectors [3] - The platform aggregates data from various sources to facilitate real-time decision-making, crucial for military applications [4] - AIP enhances user experience by allowing detailed queries, leading to quick recommendations and analyses, expanding its use beyond military to various government agencies [5] - Palantir's revenue reached $1 billion for the first time, growing 48% year-over-year, with U.S. commercial revenue up 93% to $306 million and government revenue up 53% to $426 million [6] Nvidia - Nvidia's stock has increased by 73% in the last year, achieving a market capitalization of $4.4 trillion, with expectations to reach $5 trillion soon [7] - The company's GPUs dominate the market, holding approximately 92% of the space, essential for data centers running generative AI applications [8] - Anticipation for Nvidia's upcoming earnings report suggests strong performance, driven by increased spending from major cloud computing companies [9] - A recent deal with the White House allows Nvidia to sell advanced AI chips in China, potentially recouping a $4.5 billion revenue loss from previous sales restrictions [10][11]