Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have recently been two of the hottest stocks on Wall Street because both companies play a key role in the artificial intelligence economy.
Since Palantir's IPO, the company hasn't yet announced a stock split. For most of Palantir's stock market history, the shares have traded around $25 or less, and through 2022, the stock actually was down by more than 30% from its IPO price.
Palantir Technologies (NASDAQ:PLTR) has been one of the best-performing artificial intelligence stocks over the past year, even better than Nvidia (NASDAQ:NVDA). Where the chipmaker returned 171% for investors in 2024,
CEO Jensen Huang has proven extremely adept at positioning the company for the next big technological breakthrough, as evidenced by its success with AI. While the vast majority of Nvidia's current sales come from outfitting data centers for AI, Huang is already looking to the future.
Financial writer bullish on Palantir Technologies Inc., raising target to $250/share due to AI growth and Trump administration ties. Click for this PLTR update.
Demand for Big Data services is increasing. Palantir, a leader in the field, should benefit. Here are the forecasts and price predictions for PLTR stock.
Early premarket action shows hefty falls for many AI-linked stocks. Shares of AI chipmaker Nvidia, the market's biggest company by valuation, are plunging nearly 9% on fears sales will in future be less than hoped,
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
Finbold consulted its very own AI stock price prediction tool to gauge if Nvidia or Palantir shares are a better investment in 2025.
President Trump also rolled out a significant AI infrastructure investment exceeding $500 billion, a shot in the arm for the leading tech players. The market size for AI worldwide, meanwhile, is estimated to reach $243.7 billion this year from $184.1 billion last year, per statista.com.
Palantir Technologies (NASDAQ: PLTR) released a robust third-quarter 2024 report. Alex Karp, CEO of the artificial intelligence (AI)-powered data analytics company, included a statement in the press release.
Newly inaugurated President Donald Trump along with AI leaders Oracle, OpenAI, and SoftBank this week announced a $500 billion AI project to assure U.S. leadership in the technology. And my prediction is one stock in particular will be the biggest winner of this massive investment. Let's find out more.