Up more than 150% year-to-date! With the blessing of "AI faith", Palantir's stock price is approaching a historical high, how do you see the future market?
Palantir will announce its third-quarter 2024 results after the market closes on November 4th. Analysts currently expect that the company's Q3 revenue will increase by 26% year-on-year to $0.702 billion. In addition, investors will also focus on the latest situation of the company's new clients. Joe Tigay stated: "What I am more concerned about is the total number of the company's clients" and added that in the short term, for Palantir, increasing clients is more important than profits.
Driven by the AI boom, Silicon Valley big data leader Palantir hits a new high, with a market cap surpassing 100 billion US dollars.
Palantir Technologies, a leader in big data in Silicon Valley, has one of the largest increases in the S&P 500 index this year, which has helped the company reach a milestone in terms of market cap. As of last Friday's closing, the market cap of this software company reached $100 billion, reflecting investors' increasing acceptance of Palantir's positioning in the field of artificial intelligence. Analyst Gil Luria from D.A. Davidson said: "They are better positioned than any company (excluding Nvidia) to leverage those who want to integrate artificial intelligence into their products".
US stocks closed | The three major indices collectively rose, with the China Golden Dragon Index leading the large cap with a rise of over 4%; Bitcoin returned to $0.07 million, and crypto concept stocks strengthened; Donald Trump concept stock DJT surged
Small cap stocks rose 1.7% to lead the way, Nasdaq approaching its all-time high, tesla reversed down by 2.5%, nvidia fell by 1% at one point, nio inc surged over 10%, North American uranium mines and nuclear energy concept stocks rose together, Altman-backed Oklo surged over 28% to a new high.
Form 144 | Palantir(PLTR.US) Director Proposes to Sell 149.7 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Oct 28, $Palantir(PLTR.US)$ Director ALEXANDER C KARP intends to sell 3.34 million shares of its common stock on Oct 28, with a total market value of approximately $149.7
Palantir Options Spot-On: On October 28th, 264.79K Contracts Were Traded, With 3.05 Million Open Interest
On October 28th ET, $Palantir(PLTR.US)$ had active options trading, with a total trading volume of 264.79K options for the day, of which put options accounted for 35.19% of the total transactions,
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