Palantir's stock has surged by 700% since its 2022 low, prompting a shift from a strong buy to a buy rating. Read my earnings analysis of PLTR stock here.

Palantir Technologies (PLTR) has emerged as a stock market favorite in 2024, joining the ranks of other high-performing companies like Nvidia (NVDA). The company’s stock has delivered an astounding 141% gain year-to-date,

Shares of Palantir (PLTR) rose over 20% on Tuesday morning after the data analytics software platform reported third quarter earnings and outlook far above Wall Street’s expectations.

Palantir Technologies Inc.'s stock is now the second-best performer in the S&P 500 for 2024, with its fervent recent rally carrying above Nvidia Corp.'s stock. Shares of Palantir, which joined the S&P 500 in September,

Chief Technology Officer Shyam Sankar, Chief Financial Officer David Glazer, and two others plan to sell up to 11.5 million Palantir shares.