Palantir’s (PLTR) stock is picking up where it left off in 2024. On a tear. Shares of the AI software play led by outspoken CEO Alex Karp have exploded 41% year to date, dusting the 3% advance for the Nasdaq Composite (^IXIC). Shares rose 5% on Thursday to a fresh record. The stock has crushed…
Chicago, IL – February 6, 2025 – Today, Zacks Investment Ideas feature highlights Palantir PLTR, Meta Platforms Inc. META, Microsoft Corp. MSFT and Alphabet Inc. GOOGL. Palantir, the artificial intelligence (AI)-powered software platform and data analytics firm, reported robust earnings results for fourth-quarter 2024. The company’s earnings results can be divided into three parts: strong…
In This Story The Nasdaq and other major indices saw gains on Tuesday morning following a strong earnings report from Palantir. Meanwhile, investors are anticipating President Trump’s next move as China responded to Trump’s new tariffs by promising to implement its own import taxes starting next week. What DeepSeek’s AI breakthrough means for Meta, OpenAI,…
(Reuters) -Data analytics firm Palantir forecast first-quarter and annual revenue above Wall Street estimates on Monday, betting on robust demand for its software from companies adopting generative AI, sending its shares up about 12% after the bell. Businesses pushing to deploy the most sophisticated generative artificial intelligence tech have helped drive sales for Palantir’s AI…
Predictably, the backlash against China’s DeepSeek has begun in America. But the most outlandish criticism must be the one trying to distinguish “authoritarian AI” from “democratic AI”. Dario Amodei, CEO of Anthropic, the main rival of OpenAI, wrote on his personal website: “[China is] an authoritarian government that has committed human rights violations, has behaved…
Whether in the fourth industrial revolution semantics of Klaus Schwab or Beijing’s concept of “new productive forces”, major powers agree on one thing: competition in the 21st century to gain a geopolitical advantage is about commanding enough capital and scientific potential to win the tech race for new economic domains. Likewise, the US’ massive investment…
Chipmaker Nvidia (NASDAQ: NVDA) has dominated the artificial intelligence (AI) stock space, outperforming most of the market with strong underlying fundamentals heading into the new year. Nvidia’s success can be attributed to its chips, like the H100, which are critical for training advanced AI models. The company’s partnerships, software ecosystem, and first-mover advantage have positioned…
In This Story President-elect Donald Trump has named David Sacks as the White House’s artificial intelligence and cryptocurrency czar, giving the venture capitalist and vocal Republican donor influence over his administration’s policies. AI trip planners will soon be better than human travel agents, Booking Holdings CEO Glenn Fogel said “David will focus on making America…
(Reuters) – Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the artificial intelligence boom was fueling demand for its services. The company is among the biggest stock market winners of the generative AI boom, with its shares more…
Palantir’s third-quarter earnings beat Wall Street expectations. CEO Alex Karp said revenue growth was driven by AI demand in the US. Karp also called out critics who may have been skeptical of him. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking…