Palantir stock has surged 4x this year, trading at $74, but comes with risks.

From Nasdaq: 2024-12-22 21:49:23

Palantir Technologies stock (NASDAQ: PLTR) has surged over 4x this year, trading at $74 per share. The rally was boosted by strong AI stock demand and post-election optimism. However, risks include heavy reliance on government sales, commercial performance shortcomings, insider selling, and high valuation. Consider a diversified portfolio for smoother returns. 1. The stock market experienced a surge today, with the S&P 500 reaching a record high of 4,484 points. Tech stocks led the way, with Apple, Amazon, and Google all seeing significant gains. Analysts attribute the strong performance to positive economic data and renewed investor confidence.

2. In international news, tensions are rising between Russia and Ukraine as Russian troops continue to amass along the border. The United States and European Union have issued warnings to Russia, urging de-escalation. The situation remains fluid, with concerns of a potential military conflict looming.

3. A new study reveals that the COVID-19 vaccine booster shot increases protection against the Delta variant by up to 94%. The study, conducted by the CDC, found that individuals who received the booster shot were significantly less likely to contract or transmit the virus.

4. Climate activists are calling for urgent action after a new report shows that global temperatures are on track to exceed the 1.5°C threshold set by the Paris Agreement. The report warns of catastrophic consequences if immediate steps are not taken to reduce greenhouse gas emissions and combat climate change.



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