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Stock impact report

Can Palantir Stock Help You Retire a Millionaire? [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
market, investing in strong asset classes can help you turn a modest sum of money into healthy heaps of cash in the long run. Some of the most lucrative investments in modern history are thanks to technology. With artificial intelligence (AI) fueling excitement across the tech sector right now, investors are surely wondering if they should get in on the action. More importantly, you may be asking yourself what companies are emerging as true leaders in AI. Palantir Technologies (NYSE: PLTR) is a data analytics platform that sells software to the U.S. government and its Western allies as well as commercial enterprises. Last year shares in Palantir rocketed 167% on the heels of the company's inroads in the AI space. This momentum has poured over into 2024, with shares up another 25% so far this year. Given the meteoric rise in Palantir stock, it's natural to wonder if the company is the next millionaire maker. Let's dig into Palantir's business and analyze why it's a strong cho Show less Read more
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