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-0.000402322687681406 -0.000207382828701742 0.00145167980091249 0.00207382828701786 0.00165906262961438 4.14765657417336E-06 0.00539195354624648 0.00497718788884284
Stock impact report

Is Palantir Technologies Inc (NYSE:PLTR) the Best AI Stock in the $4 Trillion ‘AI Race' ? [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
Palantir Technologies Inc (NYSE:PLTR) ranks 12th on the list, it deserves a deeper look. Wedbush Securities analyst Dan Ives has said in a fresh note that major tech giants are now running in a “race” to capture the $4 trillion AI market, calling GPUs the new “oil” or “gold” in the technology sector. Ives said that the AI “party” is just getting started and the clock is showing “9p.m. in a party going till 4 a.m. with the rest of the tech world now joining.” Ives thinks spending on GPUs and data centers is the “only game in town.” Ives thinks the “first wave” of AI benefited major technology giants leading the AI race, with the second, third and fourth “derivatives” beginning to show trickle-down effects on other companies. In a separate investing event, Ives recently predicted that the AI-led bull run can last for another two to three years, saying in a year from now investors will be looking at $3 trillion to $4 trillion market caps for major tech companies. “The tech bull mar Show less Read more
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