PLTR News and Press, Palantir Technologies Inc. Class A From 07/09/24

2024-07-09 10:19:24 ET Summary Palantir stock has surged over 60% year to date, driven by AI enthusiasm and US government business growth. Though the stock is trading at over 20x current year revenue, I recommend continuing to hold for further upside. The company is re-acceler...

ASNA and Athinia® collaborate to boost semiconductor manufacturing yields through improved data sharing and traceability of subcomponent parts PR Newswire CAMBRIDGE, Mass. , July 8, 2024 /PRNewswire/ -- Today Athinia ® announced a collaboration ...

2024-07-08 06:13:20 ET Summary Palantir's AI offerings strengthen Western defense capabilities, crucial in a new cold war period, highlighted by a $480M U.S. defense contract for AI system Maven. Balancing 55% government and 45% commercial revenue, Palantir's agility in AI-led inf...

2024-07-07 04:35:00 ET Palantir Technologies ' (NYSE: PLTR) stock price has rallied about 50% this year as the data analytics company dazzled the bulls with its accelerating revenue growth and soaring profits. Its revenue rose 17% in 2023, and it expects 20%-21% growth in 2024 as it...

2024-07-05 07:15:00 ET Shares of data mining and artificial intelligence (AI) specialist Palantir Technologies (NYSE: PLTR) have popped by an impressive 47% so far in 2024. Palantir surpassed consensus revenue estimates and met the adjusted earnings-per-share estimates in th...

2024-07-04 03:42:45 ET Summary SaaS companies have strong growth potential in an ever-expanding TAM. The SaaS business model is unique and has a host of key operating and financial metrics to analyze. Certain metrics, such as Rule of 40, are key in determining a company’...

2024-07-03 04:39:00 ET Many hypergrowth stocks soared in 2021 as stimulus checks, social media buzz, and commission-free trading apps brought in legions of new investors. But over the following two years, many of those stocks crumbled as rising rates compressed their valuations, highlighted...

2024-07-02 12:53:33 ET Summary Given its future potential, PLTR could be one of the best AI-related stocks on the market right now. PLTR's business shows acceleration in revenue growth due to AIP boot camps, widening margins after first profit six quarters ago, and apparent stabil...

2024-07-02 08:30:00 ET It was a rough first half of the year for Cathie Wood. The co-founder, CEO, and investor at Ark Invest saw her family of aggressive growth exchange-traded funds lose badly to the market. But she's not throwing in the towel. Wood publishes Ark's daily transactions,...

2024-07-01 09:53:00 ET Artificial intelligence (AI) is undoubtedly one of the biggest trends in our generation, one that could rival (some argue even surpass) that of the internet. The rise of AI would lift many companies to new heights while sending some to the brink of extinction. For...