Morgan Stanley analyst Sanjit Singh noted that Palantir’s 340% gain in 2024 came almost entirely from multiple expansion
Microsoft’s Brad Smith called upon government policy that can sustain the country’s leadership through well-funded basic research at universities and broad support for private-sector innovation.
The year 2024 was a strong one for stocks involved in artificial intelligence (AI), and winners could be found in a variety of areas. For example, Nvidia and Broadcom helped lead the AI chip and infrastructure...
Wedbush’s Daniel Ives expects enterprises and governments to aggressively pursue AI in 2025, with capital expenditures allocated for the technology likely exceeding $1 trillion.
Wedbush analyst Daniel Ives said corporate AI spending is poised to ramp significantly within IT budgets in 2025.
With just a few trading days left to end 2024, Wall Street has been on a historic rally buoyed by the artificial intelligence (AI) craze and rate-cut optimism. A surge in technology stocks and the rise...
To exemplify the volatility in these stocks, Palantir has traded in a $15.66-$84.80 range and Super Micro stock between $17.25 and $122.90.
Palantir and Anduril reportedly plan to announce in January that they have reached agreements with tech companies such as SpaceX, OpenAI, autonomous shipbuilder Saronic and AI data group Scale AI.
KeyBanc said the risk/reward ratio for c3.ai stock is unfavorable as it traded at a premium to the company’s growth peers in terms of enterprise value.
Citing customer checks, UBS said Palantir’s fundamentals are positive, calling the company an AI data winner.