PLTR - What's Going On With Palantir Stock Thursday? | Benzinga
Palantir Technologies Inc (NYSE:PLTR) shares are trending Thursday. Here’s a look at what you need to know.
What To Know: Palantir and several other names in the broader technology sector raced higher Wednesday afternoon amid overall market strength after the Federal Reserve left rates unchanged and signaled that it’s likely to cut rates at some point this year.
Lower rates make it easier to borrow money, which can help boost company earnings and stimulate economic growth. The stock appears to be moving on continued momentum Thursday morning.
Palantir shares may also be getting a boost from strong earnings out of Micron. Micron beat analyst estimates on the top and bottom line, issued strong guidance and highlighted the multi-year opportunity ahead, enabled by artificial intelligence (AI).
Micron also said strong demand for ...