Diamond Member Pelican Press 0 Posted May 8, 2025 Diamond Member Share Posted May 8, 2025 This is the hidden content, please Sign In or Sign Up Palantir Stock Is Soaring Today. Here’s Why. President Trump announced that a trade deal has been reached with the U.K. This marks the first deal of its kind after Trump announced sweeping tariffs in April. Though the details were light, some of the language in the announcement indicates Palantir could benefit specifically. This is the hidden content, please Sign In or Sign Up Shares of Palantir Technologies (NASDAQ: PLTR) are surging on Thursday. The artificial intelligence (AI)-powered data analytics company’s stock gained 8.1% as of 1 p.m. ET and was up as much as 9% earlier in the day. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) gained 1.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 2%. The government-focused software provider is rallying after President Trump announced a trade agreement with the United Kingdom. Palantir shares climbed as President Donald Trump unveiled the broad outline of a trade agreement with the United Kingdom. This is the first major deal his administration has been able to put together after Trump imposed sweeping tariffs in April. While optimism was high following the announcement, it’s important to note that many specifics remain unclear, and nothing was formally signed. “The final details are being written up,” Trump said. “In the coming weeks, we’ll have it all very conclusive.” While the news boosted stocks across the market, Palantir investors appeared especially optimistic, as some of the limited specifics mentioned could benefit the company specifically. The White House fact sheet released as part of the announcement mentions the deal will “close loopholes and increase U.S. firms’ competitiveness in the U.K.’s procurement market.” This could mean Palantir has an easier time winning new contracts with the U.K. government. Image source: Getty Images. With a This is the hidden content, please Sign In or Sign Up of nearly 500, Palantir’s valuation is out of touch with reality. There is no doubt that the company is executing at a very high level, but with a valuation this high, a level of perfection is required that I don’t think is possible to sustain long term. I would stay away from Palantir stock. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the This is the hidden content, please Sign In or Sign Up for investors to buy now… and Palantir Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Story Continues Consider when This is the hidden content, please Sign In or Sign Up made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $623,103!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $717,471!* Now, it’s worth noting Stock Advisor’s total average return is 909% — a market-crushing outperformance compared to 162% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. This is the hidden content, please Sign In or Sign Up *Stock Advisor returns as of May 5, 2025 This is the hidden content, please Sign In or Sign Up has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a This is the hidden content, please Sign In or Sign Up . This is the hidden content, please Sign In or Sign Up was originally published by The Motley Fool This is the hidden content, please Sign In or Sign Up #Palantir #Stock #Soaring #Today #Heres This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/243770-palantir-stock-is-soaring-today-here%E2%80%99s-why/ Share on other sites More sharing options...
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