PLTR has continued its stock market ascent, driven by relentless investor enthusiasm for its AI-powered platforms serving both government and commercial sectors.

Palantir Technologies (NasdaqGS:PLTR) recently announced a multi-year partnership with Fedrigoni to accelerate digital transformation, which aligns with market trends toward AI integration and could have contributed to its 67% price increase last quarter.

Palantir's stock hit a new all-time high Wednesday, fueled by major AI partnership deals. Positive earnings, raised guidance and bullish Wall Street sentiment has been fueling investor confidence.

The surging shares of CoreWeave Inc. and Palantir Technologies Inc. are drawing comparisons to meme stocks — whose rapid gains are fueled by retail trader fervor more than financial performance.

Turning $10,000 into $1 million from a single investment requires a 100-times return on your initial investment. This is an incredible stock performance, but very few companies have actually delivered this level of returns for shareholders. These companies are rare and need to be situated in a growing industry with a widely used product.

Analysts note the stock is trading above its estimated fair value, reflecting strong investor sentiment. Palantir has secured multiple government and commercial deals in recent months, helping expand its footprint across sectors.

Shares of Palantir Technologies (NASDAQ: PLTR) were up in May. The company's stock finished the month up 11.3%. The move came as the S&P 500 (SNPINDEX: ^GSPC) was up 5.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 7.9% during the month.

One of the fastest-growing stocks in artificial intelligence (AI) over the last year is Palantir Technologies (NASDAQ: PLTR). Investors took notice, as the stock is up by 420% over the last year. Unfortunately for investors who have recently taken an interest,

This micro-cap AI stock is being increasingly touted as the next Palantir Technologies Inc. (NASDAQ:PLTR), but some analysts disagree with this framing. What Happened: On Monday, BigBear.ai Holdings (NYSE:BBAI),

(RTTNews) - Palantir Technologies Inc. (PLTR) has entered a multi-year strategic partnership with Fedrigoni, a global leader in specialty papers, self-adhesive labels, and RFID solutions, to accelerate the latter's digital transformation.

Shares of the artificial intelligence (AI)-powered software provider have skyrocketed more than 70% year to date. While many investors have hopped aboard the Palantir bandwagon, Warren Buffett isn't one of them.