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Palantir Technologies Inc. PLTR is rolling in tanks while Microsoft Corp. MSFT is laying down cloud cables – and right now, the battlefield is tilting in favor of the war-tech disruptor.
That news is that Palantir and Anduril have been chosen to partner with SpaceX on a pitch to construct a “Golden Dome” defense system for the U.S. government.
One stock that has massively outperformed the market this year is data analytics software company Palantir (PLTR 3.57%). As of market close on April 21, shares were up 20% year to date.
Nvidia has turned out to be one of the hottest stocks on the market in the past decade, as the company has delivered phenomenal gains of more than 19,700% during this period and bested the S&P 500 index's gains of 156% by a massive margin.
After sell-offs yesterday, Palantir (PLTR 3.14%) stock is rising in Tuesday's trading. The software specialist's share price was up 3.6% as of 10:15 a.m.
Palantir Technologies (PLTR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Palantir (PLTR -3.10%) is impressing stock market investors with its phenomenal growth in its enterprise segment.
The three stocks in this analysis all are fairly quiet in premarket trading, as the markets are trying to see a bit of stability, which is the first step in trying to turn things around. It is worth noting that the Tesla earnings call is after the market closes on
U.S. stock markets have experienced significant volatility in the opening months of 2025. At the time of this writing, the benchmark S&P 500 has declined nearly 10% year to date, while the technology-heavy Nasdaq-100 has fallen more sharply, retreating approximately 13% this year.
Amid another day of big sell-offs for the broader market, Palantir (PLTR -3.10%) stock headed lower in Monday's trading. The software company's share price had been down as much as 4.8% in the daily session but closed out the day's trading down 3.2%.