In a bold shift that has captured the attention of investors around the world, billionaire hedge fund manager Ken Griffin has rebalanced part of his portfolio by reducing exposure to Amazon and substantially increasing his holdings in Palantir, a company that has benefited tremendously from the ongoing AI revolution. This move comes after Palantir’s stock…
Palantir and U.S. Navy Launch $448M Ship OS Initiative Palantir has partnered with the U.S. Navy on a $448 million initiative called the Shipbuilding Operating System (Ship OS). The project is designed to integrate artificial intelligence, machine learning, and autonomy technologies into the shipbuilding industry. This effort aims to modernize operations across shipyards, improve efficiency,…
We’re watching the movement in PLTR Stock as Palantir Technologies Inc. reports a noticeable pre-market drop of about 3 % despite recent strong gains. This sharp shift follows an impressive rally; the stock rose to as high as $207.52 on November 3 before pulling back to roughly $190.74 on November 4. The decline arrives even…
Marc Benioff, the outspoken CEO of Salesforce, surprised parts of the tech world by publicly praising Palantir, calling elements of the company “very cool” and describing its commercial approach as inspiring. His comments, focused on Palantir’s hands-on deployment model and premium pricing, matter because they come from a direct competitor who is also racing to…
Palantir, once a favorite in the world of data and AI, seems to be losing its shine. In recent months, investors and billionaires have been turning their attention to newer AI stocks that promise faster growth and bigger returns. We see headlines about these AI companies attracting massive funding and capturing the public imagination, while…
Palantir has captured attention in the stock market with its massive growth. The company’s stock has risen nearly 150% this year alone. Since its debut in 2021, Palantir shares have surged almost 2,500%. This rapid climb has pushed Palantir’s valuation to extreme levels. As of August 8, the stock closed at $186.96. After hours, it…