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Wajeeh Khan

Palantir Just Expanded Its SOMPO Partnership. What Does That Mean for PLTR Stock?

Palantir (PLTR) shares closed higher again on Tuesday after the data mining company announced a “multi-year expansion” of its partnership with the Tokyo-based SOMPO Holdings. 

It’s the second time that PLTR has decided in favor of extending its agreement with the Japanese insurance holding firm following an initial $50 million expansion in 2023. 

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