Palantir Technologies Inc (NASDAQ:PLTR) shares closed Monday at their highest levels ever and have now nearly doubled since the start of the year. Here’s a look at what’s been fueling the momentum in the AI software company’s stock.
AI Momentum: Palantir shares have risen more than 97% year-to-date on the back of AI-related tailwinds. The company continues to see strong demand for its Artificial Intelligence Platform, which has helped it become one of the best-performing names in the S&P 500 in recent years.
