Palantir Technologies (NASDAQ: PLTR) was the standout and number one performer in the S&P 500 in 2024, with its stock skyrocketing 340% in 2024 and elevating its market capitalization to an impressive $163 as of the January 17 close.
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures.The stock market continued to advance, with the Nasdaq leading and the S&P 500 hitting a record high. Artificial intelligence plays rallied after President Donald Trump late Tuesday announced a $500 billion Stargate AI infrastructure project led by Oracle,
Shopify is worth $134 billion. The stock must return at least 22% for its market value to top $163 billion in 2025. Anthony Chukumba at Loop Capital has set Shopify with a target price of $140 per share. That forecast implies 36% upside from its current share price of $103.
Wood's latest move was to decrease her position in a stock that was the S&P 500 's top performer last year. The famous investor sold shares of this technology player during several recent trading sessions. Should you follow her and stay away from this player in 2025?
More than any other year in history, the S&P 500 reached 57 new all-time highs ... Ithaka US Growth Strategy highlighted stocks like Palantir Technologies Inc. (NASDAQ:PLTR), in the fourth ...
Palantir Technologies (NASDAQ ... That made Palantir the best-performing stock in the S&P 500 and the third-best performer in the Nasdaq-100. There's little doubt that the excitement regarding ...
S&P 500 slides 0.6% as Palantir drops 4% and Moderna tumbles 23%. Rising Treasury yields and upcoming CPI data keep traders on edge.
In the latest market close, Palantir Technologies Inc. (PLTR) reached $67.25, with a -1.44% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of ...
Palantir's share price has outpaced the company's growth, pushing its price-to-earnings ratio to nearly 360. That's among the highest valuations on the market for any company. While analysts expect strong long-term earnings growth (27% annualized), it's nowhere near enough to justify such a high price.
Palantir stock is up 655% since making its stock market debut. However, all of Palantir's stellar gains have arrived in the past couple of years, driven by the company's move into the artificial intelligence (AI) software platforms market. It is worth noting that Palantir was underperforming the broader market before its move into AI.
That's music to the ears of Vistra, which cheered the market by acquiring more nuclear power capacity in 2024. Investors eagerly await updates on whether it will sign a deal with a cloud services company, although news of a fire at its California battery plant briefly sent shares sharply lower on Jan. 17.
In the latest market close, Palantir Technologies Inc. (PLTR) reached $69.21, with a +1.57% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.21% ...