A strong fourth-quarter performance and enduring investor enthusiasm for artificial intelligence pushed Palantir’s share price to a new high on Feb. 4.
Credit: Freepik
Palantir’s share price jumped more than 25% to a new high on Feb. 4 as investors enamored with artificial intelligence (AI) reacted jubilantly to the defense tech firm’s better-than-expected fourth-quarter performance. The Denver-based company’s sales rose 36% annually to $828 million in the fourth...
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