Clients across multiple industries and sectors are adopting Palantir's software. Several years' worth of hoped-for rapid growth is already baked into Palantir's stock price.
Palantir's revenue growth is accelerating, with expanding profit margins. The stock is now trading at one of the most expensive sales ratios in market history.
A handful of trillion-dollar corporations, known as the Magnificent Seven, have been the driving force behind the stock market's narrative and most of its recent returns. These companies established the bedrock of today's digital economy.
Palantir expanded its lawsuit against two former employees to include the CEO of their new company, Percepta AI. The court filing alleged that the three employees violated their non-solicitation agreements.
U.S. equities look muted ahead of Thursday's open, with Tesla, Palantir, and Super Micro Computer showing early softness. Despite resistance tests and pullbacks, supportive momentum and policy expectations keep the broader tone cautiously constructive.
When a stock rallies sharply, is a downward correction inevitable? That's the billion-dollar question for anyone who owns or is considering buying Palantir Technologies (NASDAQ:PLTR) stock.
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