Palantir Technologies Inc. - Class A Common Stock (PLTR)
84.40
+0.98 (1.17%)
Palantir Technologies is a public software company that specializes in big data analytics and provides platforms for organizations to integrate, visualize, and analyze large amounts of data from disparate sources
Its flagship products, Palantir Gotham and Palantir Foundry, are designed to assist government agencies and commercial enterprises in making data-driven decisions by offering advanced analytical capabilities, collaborative tools, and visualization features. The company has gained prominence for its work with intelligence and defense organizations, as well as its growing presence in various industries such as finance, healthcare, and manufacturing, enabling clients to derive actionable insights and enhance their operational efficiency.
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Palantir reveals advancements in financial crime prevention and air mobility sectors. Palantir announced the deployment of its solutions within Societe Generale.
Shares of data-mining and analytics company Palantir (NYSEPLTR)
jumped 5.6% in the morning session after Wedbush analysts reaffirmed their Buy rating, suggesting they are unshaken in their resolve, despite the company surrendering most of its post-earnings (Q4 2024) stock gains amid worries about government budget cuts. The analysts highlighted Palantir's ability to win a bigger share of the remaining pie, citing its AI capabilities and involvement in key military projects.
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