Palantir Technologies Inc. - Class A Common Stock (PLTR)
115.52
+4.67 (4.21%)
Palantir Technologies is a public software company that specializes in big data analytics and provides platforms for organizations to integrate, visualize, and analyze large amounts of data from disparate sources
Its flagship products, Palantir Gotham and Palantir Foundry, are designed to assist government agencies and commercial enterprises in making data-driven decisions by offering advanced analytical capabilities, collaborative tools, and visualization features. The company has gained prominence for its work with intelligence and defense organizations, as well as its growing presence in various industries such as finance, healthcare, and manufacturing, enabling clients to derive actionable insights and enhance their operational efficiency.
The week will witness the release of twin inflation readings, the retail sales report for January, and a deluge of speeches by Federal Reserve officials.
Federal appeals court skeptical of Alphabet's efforts to overturn jury verdict in favor of Fortnite-maker Epic Games. Elon Musk's lawsuit against OpenAI to advance to trial, regarding their transition to a for-profit model. Earnings results from Spotify, Take-Two, and Palantir beat estimates. Apple faces criticism for limited watch faces and rumored product releases in March.
The 2024 Q4 earnings cycle has continued to roll along. So far, there have been several notable reports from various companies, including AI-favorite Palantir, Starbucks, and Royal Caribbean. Are they worth further consideration post-earnings?
