SoundHound AI isn't trying to hide what it does with its name. It has an AI-powered audio recognition platform that helps convert speech input to a format that AI can use as an input. This technology has ramifications everywhere and has already found many use cases.
Palantir Technologies is deserving of a higher stock classification following the release of better-than-expected third quarter earnings. See why PLTR stock is a Hold.
Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.
After Nvidia’s roaring success in recent years it may be time for the wider software sector to “get in on the AI party.” That’s the view of Wedbush analysts, who have become increasingly bullish on software stock Palantir Technologies.
Meanwhile, ARK Innovation ETF ARKK has allocated nearly 5% of its portfolio to Palantir, with over $273 million invested in 6.53 million shares. Known for backing high-growth companies, ARKK boasts over $6 billion in assets under management and has achieved a 13.17% YTD return.
According to the Financial Times, Palantir has added a whopping $23 billion to its market cap since Donald Trump won the presidential election on Nov. 5. Investors seem to believe the company will benefit from increased defense and law enforcement spending under the new administration. However, this narrative looks overblown.
Palantir Technologies (NYSE: PLTR) is one of the hottest stocks of 2024, but I think there is another hot artificial intelligence (AI) software stock that investors should consider as well. AppLovin's (NASDAQ: APP) stock price is up more than 650% so far this year,
Dan Ives, a Wedbush analyst, has reaffirmed his $75 price target for Palantir, citing strong growth potential driven by its AI advancements and software solutions, despite skepticism from some market analysts.
The artificial intelligence (AI) and data mining specialist will be joining (another) major stock market exchange.
We recently compiled a list of the 15 Buzzing AI Stocks Making Headlines. In this article, we are going to take a look at where Palantir Technologies Inc.
Palantir Technologies (PLTR) is an artificial intelligence (AI)-powered tech stock that has captured Wall Street's imagination in 2024. With a market cap of nearly $150 billion, Palantir stock has returned 280% to shareholders year-to-date.
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Why Software Stock Rally Will Extend Into 2025
The rally in software stocks — led by Palantir Technologies and Oracle — will continue into  2025 with improved earnings estimates and monetization of generative artificial intelligence two factors, according to a Jefferies analyst.