4 Things Palantir Investors May Have Missed This Week

21.12.24 17:01 Uhr

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Developments in the artificial intelligence (AI) sector have generated a lot of headlines over the past couple of years. The abilities of AI systems to create original content, automate processes, and increase productivity have businesses of all stripes eager to secure a part of the resulting windfall.One company that's well positioned to benefit from this trend is Palantir Technologies (NASDAQ: PLTR). It has decades of experience creating novel AI solutions, which came in handy when the generative AI trend went mainstream early in 2023. That secular tailwind has been extremely profitable for the company and its shareholders. The stock is up 333% so far this year and up 1,060% since the start of 2023, with its gains driven by robust results and an expanding opportunity.Positive developments for Palantir were so plentiful over the past week, it's likely that some investors didn't catch all the announcements. So here are four things you may have missed this week.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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