Palantir’s stock price surges on AI news, gamma squeeze

From Yahoo Finance: 2025-05-30 20:03:00

Palantir’s stock price spiked on AI news and a gamma squeeze. Companies are increasingly integrating AI chatbots, but some uses are legitimate. Fannie Mae partnered with Palantir for an AI-powered crime detection unit. In Q1, Palantir’s government revenue was up 45%. The Pentagon is increasing Palantir’s budget for Maven Smart System to $1.3 billion. Retail investors are causing a ‘gamma squeeze’ on Palantir’s stock.



Read more at Yahoo Finance: Palantir’s stock price surges on AI news, gamma squeeze