Overview
- Shares notched a five-day gain of 9.5%, lifting year-to-date returns to about 156.7% and pushing market value to roughly $462 billion after a ~$40 billion increase this week.
- Recent catalysts include a renewal with France’s DGSI, an expanded Accenture partnership, and a breakout above a $190.39 technical level that drew new buying.
- Retail investors were on pace to commit nearly $8 billion to the stock in 2025 through Dec. 8, while institutional participation remains mixed.
- Bank of America reported stronger confidence following meetings, citing U.S. commercial momentum and a two-year, $448 million U.S. Navy order, even as valuation concerns persist.
- Palantir’s November report showed EPS of $0.21 versus $0.17 expected and revenue up 62.8% to $1.18 billion, with fourth-quarter revenue guidance raised about 12% above consensus.