Palantir Soars: Cramer's Call and UK Deal
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sabato
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Palantir's stock price surged after Jim Cramer's bullish endorsement, setting a $200 target. Fuelled by strong earnings and a new wave of investors, Palantir also announced a partnership with Hadean to bring AI to the UK Armed Forces. With commercial revenue up 93% and government revenue up 53%, Palantir's AI platform is winning big contracts, driving the stock up 128% year-to-date. An initial $1,000 investment is now worth over $18,000, making Palantir a Wall Street darling. Hosted on Acast. See acast.com/privacy for more information.
