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StockNews.com
Business
Riddhima Chakraborty

Is This Software Stock a Buy on Its Downtrend?

Palantir Technologies Inc. (PLTR) builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company’s software portfolio includes Palantir Gotham, Palantir Foundry, and Apollo.

On July 28, 2022, PLTR announced that it would expand its work with the U.S. Army Research Laboratory to implement data and artificial intelligence /machine learning capabilities for users across the combatant commands.

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