Why Palantir Technologies Stock Rallied on Thursday
Shares of Palantir Technologies (NYSE: PLTR) charged out of the gate on Thursday, surging as much as 11.6%. As of 2:47 p.m. ET, the stock was still up 10.3%.
The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was the announcement that it would collaborate with software titan (NASDAQ: MSFT) to advance U.S. government AI systems.
In a press release on Thursday, Palantir announced a significant expansion of its existing partnership with Microsoft to develop advanced AI systems for U.S. government agencies. The announcement said the pair will "bring some of the most sophisticated and secure cloud, AI, and analytics capabilities to the U.S. Defense and Intelligence Community."
Source Fool.com
Microsoft Corp. Aktie
379,60 €
-1,06 %
Überwältigendes Buy-Interesse bei Microsoft Corp., mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Ein leicht positives Kursziel von 426 € für Microsoft Corp. gegenüber dem aktuellen Kurs von 379.6 € wird gesehen.
