Palantir Stock at $150+, Genius Bet on AI or Overhyped Data Machine? - PR News Blog

Palantir Stock Is Surging Again—But Why Are Some Investors Still Nervous?

You detect something strange about Palantir almost instantly, though it’s first difficult to pinpoint. It doesn’t feel like a normal tech business. It doesn’t market itself publicly, doesn’t sell devices, and doesn’t control consumer apps. Nevertheless, its stock, which is currently trading at about $155, swings with the kind of vigor typically associated with businesses at the epicenter of a significant technological revolution. Just the figure…

Palantir Stock at $150+, Genius Bet on AI or Overhyped Data Machine? - PR News Blog

You sense something strange about Palantir nearly right away, even if it’s initially difficult to pinpoint. It doesn’t feel like your average IT business. It doesn’t market itself publicly, doesn’t control consumer apps, and doesn’t sell devices. Nevertheless, its stock, which is currently trading at about $155, moves with the kind of ferocity typically associated with businesses at the epicenter of a significant technological revolution. Just t…