Palantir shares jump on upbeat revenue outlook as businesses adopt AI

Palantir’s Shares Surge on Positive Revenue Outlook as Companies Embrace AI
Palantir Technologies, known for providing software solutions to governments, including tools for visualizing military positions, has experienced a significant spike in its share price. The company’s market capitalization is poised to increase by approximately $35 billion, with shares currently trading around $99.31. “This is yet another company capitalizing on the AI trend, as various industries invest heavily to enhance their technological capabilities,” remarked Russ Mould, Investment Director at AJ Bell.
For more information, visit https://finance.yahoo.com/news/palantir-shares-jump-upbeat-revenue-112234605.html
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