Artificial intelligence (AI) is already transforming many industries, but not all tech companies will benefit equally. The companies with the most potential notched their AI lead years ago before their rivals had even jumped on the AI trend.
Palantir Technologies ( PLTR 1.43%) went public in September 2020, and shares of the company that made its name by providing analytics and software platforms to federal government agencies have shot up a remarkable 608% since then as of this writing.
Palantir is susceptible to a general market decline, as earlier investors cash in on the bubble. Click here to find out why I rate PLTR stock a Sell.
Palantir was the top-performing stock in the S&P 500 last year, but a smaller competitor is emerging on the scene.
Both Palantir and SoundHound AI boast strong sales and healthy financials that have contributed to their triple-digit percentage share price gains over the past year. Palantir's revenue grew by 30% year over year in the third quarter,
Headwaters Capital Management, an investment management company, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here.
Palantir delivered 14 times the gains of the S&P 500 last year. Here's how the data mining and artificial intelligence (AI) specialist generated game-changing results.
Palantir Technologies (NASDAQ: PLTR) has been one of the hottest stocks in the artificial intelligence (AI) space. The company's early leadership position in AI software systems for businesses and government agencies has helped it post impressive business performance translating into stellar stock returns.
Palantir Technologies Inc. specializes in creating ... Intelligence Platform enhance software deployment and leverage AI for data analysis, respectively. Founded in 2003 and based in Denver ...
Two hot stocks in this sector are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN). Palantir's shares had surged by more than 300% over the prior 12 months, while SoundHound ...
Artificial intelligence stocks benefited from investor fervor over the technology. Two hot stocks in this sector are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN).
Discover how Palantir is expanding its AI technology across government and commercial sectors, reducing its reliance on government contracts. Read my analysis here.