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PLTR Stock Soars 10% Testing Record Highs Ahead of Palantir Earnings
Palantir has emerged as one of the week’s standout tech performers, with PLTR stock propelled by defense sector investment and anticipation.
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Last updated: Wednesday, June 4, 2025
Quick overview
- Palantir's stock (PLTR) has surged nearly 10% this week, driven by defense sector investments and positive earnings anticipation.
- The company's recent growth is bolstered by a NATO defense contract for its AI platform, enhancing its position in the defense-tech market.
- Analysts are optimistic about Palantir's upcoming earnings report, expecting revenue projections of up to $862 million for Q1 2025.
- With a strong cash position and recent performance, Palantir is poised for potential further gains if it continues to impress investors.
Live PLTR Chart
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MARKETS TREND
Palantir has emerged as one of the week’s standout tech performers, with PLTR stock propelled by defense sector investment and anticipation surrounding its upcoming earnings.
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Skerdian Meta
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Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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