Palantir Technologies (NASDAQ: PLTR), a leader in AI-driven data analytics, surged on Wednesday to reclaim the $100 mark.
The rally is propelled by two catalysts. First, the Trump administration’s signal of a near-term U.S.-China trade deal to lower tariffs has ignited a tech stock rally, lifting Palantir alongside broader markets. Second, Palantir’s FedStart platform, designed for government compliance and scalability, is now integrated into Alphabet’s (NASDAQ: GOOG) Google Cloud, boosting its appeal to public-sector clients.
Wall Street’s view on Palantir is mixed…
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