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.
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
Cathie Wood's Flurry Of Trades: Offloads $31.5M in Tesla, Buys Amazon, AMD And Meta — Dumps Palantir, Trims Robinhood And Square Amid Bitcoin Rally
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.
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,