Palantir's Rally Is Replaying Cisco's Dot-Com Setup—And That Ended Brutally
Wall Street's AI fever just crowned a new star. Palantir Technologies Inc (NASDAQ:PLTR), once a niche data analytics shop, now flaunts a $396 billion market cap on just $3.3 billion in recurring revenue. Its sky-high 93x ARR multiple makes Nvidia Corp's (NASDAQ:NVDA) surge look modest and dwarfs peers like Salesforce…
Benzinga ·