The Latest Breaking News from PLTR

This article explores what it would take for Palantir to climb from its current top-21 market cap status to become the number‑one company.

Palantir Technologies Inc. (NASDAQ:PLTR) secured a major victory with the U.S. Army’s new Enterprise Agreement that establishes a comprehensive framework for the Army’s future software and data needs. The 10-year contract, valued at up to $10 billion, represents the maximum potential value rather than guaranteed obligations.

Palantir stock has surged to new highs on the back of AI-driven optimism and government contracts, but its sky-high valuation poses a tough question for new investors.

Even though Palantir Technologies has significantly outperformed the broader market over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.

Could Palantir’s AI run, coupled with soaring federal contracts, really carry the stock to Piper Sandler’s target? Or will valuation risks catch up?

Palantir has shown a clear trend of accelerating revenue growth and improving profitability, setting the stage for potentially strong Q2 results.

Move over, Magnificent Seven—Nvidia Corp (NASDAQ:NVDA) just became a solo act. The GPU giant is now worth more than double the combined market caps of Tesla Inc (NASDAQ:TSLA) ($1.02 trillion), Advanced Micro Devices Inc (NASDAQ:AMD) ($281.57 billion), Palantir Technologies Inc (NASDAQ:PLTR) ($372.58 billion) and Intel Corp (NASDAQ:INTC) ($90.52 billion), with…

Palantir is emerging as the AI backbone of U.S. defense, with key contracts and real-world deployments driving growth ahead of earnings

In a bid to reduce dependency on vendors like Palantir Technologies Inc. (NASDAQ:PLTR) and Lockheed Martin Corp. (NYSE:LMT), the Pentagon is experimenting with AI models from Microsoft Corp. (NASDAQ:MSFT) and OpenAI.

A newly finalized trade agreement between the U.S. and the European Union is poised to significantly benefit U.S.-based LNG exporters, the Magnificent 7 technology giants, and the broader tech sector, according to market experts.

On Monday, Cathie Wood-led Ark Invest made significant trades, including a notable purchase of Bitmine Immersion Technologies Inc. (BMNR) shares. The investment firm also increased its holdings in Alphabet Inc. (NASDAQ:GOOG) and NVIDIA Corp (NASDAQ:NVDA), while reducing its stake in Robinhood Markets Inc. (NASDAQ:HOOD) and Palantir Technologies Inc (NASDAQ:PLTR).