Latest news with #AIP
Globe and Mail
a day ago
- Business
- Globe and Mail
Palantir Stock (PLTR) Is the Nasdaq-100's Top Performer. Here's Why
Palantir Technologies (PLTR) has had a stunning 2025 so far. The data analytics firm has surged 62% year-to-date, making it the top performer on the Nasdaq-100 (NDX). After hitting an all-time high of $130 in May, Palantir has firmly established itself as one of the biggest winners from the AI boom, building on its momentum from the past two years. Growing demand for artificial intelligence, a strong Q1 earnings report, and a steady stream of government contracts have fueled this rally. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Initially known for providing data tools to U.S. government agencies for counterterrorism and military missions, Palantir is now expanding its reach. The company is moving into fields like healthcare and financial services, using generative AI to fuel further growth. Its main platform —the Artificial Intelligence Platform (AIP) — helps users make faster and smarter choices by using machine learning and large amounts of data. Highlighting its growing credibility, research firm Forrester recently named Palantir a leader in AI technology. The firm also projects that Palantir will grow its revenue by 40% annually to hit $153 billion by 2028, signaling that this pace may still continue. Key Catalysts Driving PLTR Growth One of Palantir's biggest strengths is its deep role in defense and national security. That momentum recently got a major lift when the U.S. Army awarded a new $795 million deal for the Maven Smart System — an AI tool used for data analysis and target tracking. This deal pushes the total value of Palantir's work on Maven to about $1.3 billion, marking its first billion-dollar contract. The company also signed a new deal to support NATO's use of AI, further cementing its role in global defense systems. Secondly, Palantir has kept up its strong financial momentum, beating earnings estimates for seven straight quarters. In Q1 2025, revenue surged 39% year-over-year to $883.85 million, topping forecasts by nearly $22 million. Growth was led by U.S. commercial sales, which jumped 71% to $255 million, while U.S. government revenue climbed 45% to $373 million. Adjusted EPS came in at $0.13, in line with expectations. Looking ahead, Palantir raised its full-year revenue outlook to as high as $3.9 billion — well above both its previous forecast and Wall Street estimates. These strong results have fueled investor confidence and added to the stock's sharp rise this year. What Analysts Are Saying Several analysts remain upbeat about Palantir's long-term prospects. Earlier this year, Morningstar's Mike Giarelli called it 'the next software juggernaut.' More recently, Wedbush analyst Daniel Ives highlighted Palantir's expanding role in federal AI initiatives, saying the company is well positioned to benefit from what he called a 'tidal wave' of government AI spending across North America and Europe. That said, even the bulls are cautious when it comes to Palantir's valuation. Despite strong momentum in both commercial and government segments, Palantir's stock continues to trade at extremely high multiples, which many investors view as unsustainable. If growth slows or expectations aren't met, the stock could be vulnerable to a significant pullback. Is PLTR a Good Stock to Buy? Turning to Wall Street, analysts have a Hold consensus rating on Palantir Technologies stock based on three Buys, eleven Holds, and four Sells assigned in the past three months, as indicated by the graphic below. The average PLTR stock price target is $100.13, implying downside potential of 18.14%. See more PLTR analyst ratings
Yahoo
2 days ago
- Business
- Yahoo
Better Artificial Intelligence (AI) Stock: Palantir vs. Snowflake
Shares of both Palantir and Snowflake have delivered healthy gains in 2025 despite the broader stock market weakness. Both companies benefit from the growing adoption of AI tools within their industries. 10 stocks we like better than Palantir Technologies › Technology stocks have been under pressure this year due to the tariff-fueled turmoil, as evident from the flat performance of the Nasdaq Composite so far in 2025 (it was down as much as 24% at one point). But shares of Palantir Technologies (NASDAQ: PLTR) and Snowflake (NYSE: SNOW) have defied the sell-off and have clocked impressive gains. Palantir stock has shot up 63% this year despite bouts of volatility. Snowflake stock has jumped close to 32%, aided by a solid set of results recently. Their efforts related to artificial intelligence (AI) are a common factor driving the gains of both companies. While both stocks are doing well, if you are looking to add just one of these two AI stocks to your portfolio right now, which one should it be? Let's find out. Palantir Technologies helps commercial and government clients integrate generative AI capabilities into their operations with its Artificial Intelligence Platform (AIP), which was launched roughly two years ago. This platform has turned out to be a hit among customers because of the productivity and efficiency gains it delivers, reducing operational costs. According to various third-party assessments, Palantir is considered to be the leading provider of AI software platforms, which are a collection of infrastructure and tools that are needed to develop, train, deploy, and manage AI applications. The market seems to agree: The release of AIP has led to a sharp acceleration in the company's growth. Revenue in the first quarter of 2023 (just before it launched its AIP), increased by 18% from the year-ago quarter. That jumped significantly to 39% year over year in the first quarter of 2025, a clear indication that the company is capitalizing on the fast-growing market for AI software platforms. Its rapidly improving revenue pipeline indicates that its growth is likely to pick up its pace. The software specialist's remaining deal value (RDV), which refers to the total value of contracts that it is yet to fulfill, increased 45% from the year-ago period to $6 billion. With RDV growth outpacing the increase in its top line, it suggests that the company is landing more contracts than it is fulfilling. With this signal for even stronger growth in the future, the company bumped up its annual guidance as well. Moreover, Palantir's earnings are increasing faster than its revenue due to the company's favorable unit economics. Customers have shown a tendency to expand their adoption of the business's services. This explains the year-over-year increase of 8 percentage points in its adjusted operating margin in the previous quarter, which eventually led to a 62% spike in its earnings. With the market for AI software platforms forecast to generate annual revenue of $153 billion in 2028, according to data analytics specialist IDC, there is a solid chance Palantir will keep growing at elevated levels thanks to AI. Snowflake originally designed its data cloud platform to help customers securely store, consolidate, and access their data in a single source. The company wisely transitioned to allow them to build and deploy AI models and applications using their stored data. Snowflake has been investing in graphics processing units (GPUs) from chipmakers to run popular AI models, with which its customers can build AI agents, AI assistants, document processing apps, and other types of applications. This business model lets customers use its AI infrastructure and software stack on a pay-as-you-go basis, eliminating the costs of buying expensive GPUs and managing that infrastructure. Snowflake's AI offerings allow clients to unlock more value from the data they have stored on its platform. Almost 45% of its customers are already using its AI tools. Customer count increased by 19% year over year in the first quarter. And the pool of customers that could deploy its AI solutions is likely to keep growing in the long run, suggesting that there is a solid possibility of an acceleration in the company's growth. Product revenue in the first quarter increased 26% from the year-ago period, while its remaining performance obligations grew much faster at 34% to $6.7 billion, thanks to an increase in spending by existing customers as well as the addition of new customers. The $342 billion addressable market that Snowflake sees for its data cloud platform by 2028 indicates that it has tremendous room for growth, and AI could help it corner a chunk of that market. So, like Palantir, Snowflake is poised to benefit from the secular growth in cloud-based AI services. But will it be able to deliver more upside than its rival? We see that both Palantir and Snowflake are registering healthy growth rates, and they could do better in the future as their revenue pipelines improve because of AI. However, Palantir's revenue is growing at a faster pace than Snowflake's, while the latter's bottom-line growth of 71% was better than Palantir's. The big factor that separates both companies is their valuation. Snowflake's stock is significantly cheaper than Palantir's. Both companies have expensive valuations, but their growth and prospects justify that. So the choice between the two comes down to investors' risk tolerance. Those who can accept more risk and are willing to endure volatility can consider Palantir, while Snowflake's relatively cheaper valuation means it could be ideal for investors who are looking for a fast-growing company but aren't willing to pay Palantir's multiples. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 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. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies and Snowflake. The Motley Fool has a disclosure policy. Better Artificial Intelligence (AI) Stock: Palantir vs. Snowflake was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hindustan Times
2 days ago
- Health
- Hindustan Times
Controversy should never have occurred: Langate MLA over AAP MLA's booking
Awami Ittihaad Party (AIP) senior leader and Langate legislator Sheikh Khursheed on Friday expressed strong dismay over the unfolding controversy at Government Medical College, Doda, stating that the situation could have been entirely avoided, had the government taken timely action. 'This controversy should never have occurred in the first place,' said Khursheed. 'Our elected government, especially the health minister, should have taken early cognisance of the issue. The matter has been brewing for the past three days and involved an MLA from Doda who belongs to the ruling coalition's alliance partner—the Aam Aadmi Party. It was the health minister's responsibility to step in, initiate dialogue and de-escalate the issue before it reached this point.' He expressed concern over the fact that an FIR has now been registered, saying, 'That should not have happened. The government's failure to intervene on time has now escalated the matter unnecessarily. It reflects a worrying lack of coordination and political sensitivity.' Sheikh Khursheed also called for serious scrutiny into the role of the administration of the J&K Medical College (JMC), Doda, adding that any negligence or administrative bias must be brought to light. While taking strong exception to the Doctors Association Jammu (DAJ) for what he termed 'selective activism,' Sheikh Khursheed said, 'Every professional body has both the right and moral duty to defend its community — DAJ is no exception. However, their recent letter to authorities over the Doda doctor issue reveals a disturbing double standard.' 'What's truly baffling and disappointing is how DAJ has now acted swiftly regarding a Doda-based doctor, yet remained completely silent when Dr Nisar-ul-Hassan, then President of Doctors Association Kashmir (DAK), was unceremoniously terminated from service.' 'No letter. No press statement. No delegation to the LG. Not even a symbolic show of concern. Is solidarity selective? Is regional bias now clouding professional ethics?' asked Khursheed. 'Such silence is not just unfortunate — it borders on professional dishonour.'
Hamilton Spectator
2 days ago
- General
- Hamilton Spectator
Tetlit Gwich'in to film climate change documentary on moose hunt
Hunters, Elders and youth are organizing a fall moose hunt and will be filming the expedition with the help of a cash injection from the Arctic Inspiration Prize (AIP). 'Wisdom from the Water' was awarded $30,000 during the May 13 AIP ceremony in Ottawa, one of 12 teams to receive a prize from the overall $3.7-million annual charitable event. 'It's still sinking in,' said Tetlit Gwich'in Chief Elizabeth Wright. 'We're very excited. 'The youth will have this documented for further use, so that other youth who are not on the trip will be able to see it.' Wright said the idea came out of last year's fall moose hunt, where a group of 15 youth joined hunters, Elders and other mentors as they sourced their quarry over a five-day excursion. The adventure was so popular organizers decided to build on it. Now, the plan is to not only harvest a moose, but for the youth to film the effort. But more than that, they will also document how a warming climate is transforming the Peel River canyon and will interview Elders about the changes they have witnessed over their lives. Wright said the goal is to not only help youth reconnect with the land and their culture but to also acquire some modern work skills in documentary film-making. 'We're going to do a documentary talking about the impacts climate change has on the land and the wildlife in the Peel watershed,' she said. 'The Elders noticed over time the caribou don't go into certain areas anymore and birds are coming earlier. 'We want the youth to do the whole documentation. They'll be taking pictures and video, but also they're going to be learning about climate change. We want the Elders to share what they've seen that's different. Whether its the landscape, whether it's the channel in the Peel river or the migratory routes of the animals we depend on.' Planning is still at an early stage, but Wright said the goal is to do an eight to 10 day trip in September, to allow for more people to get involved if they have scheduling conflicts. She said the outing is open to as many youth as are interested and participants from other Mackenzie and Beaufort Delta communities are also welcome. The trip will be by motorboat going up river. She expressed her gratitude to Margaret Gordon for sponsoring the bid for the Arctic Inspiration Prize and thanked the project's support staff, as well as the Gwich'in Tribal Council. 'It's very humbling,' she said. 'It was a community project — and it was the community that won.' Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Miami Herald
2 days ago
- Business
- Miami Herald
Palantir's stock price surges on AI news, gamma squeeze
It's becoming increasingly difficult to find websites that don't integrate an artificial intelligence chatbot. You open a site, and here is "Kira" (or whatever name you've chosen) asking you how she should address you. Personally, I find that to be very annoying. But that is the trend. Apparently, your company isn't serious enough or big enough if it doesn't have one. Don't miss the move: Subscribe to TheStreet's free daily newsletter Companies pushing AI just for the sake of having it is silly, but there are legitimate uses where AI doesn't end up just being a nuisance. Banks, pharmaceutical companies, retailers, and the U.S. military all use AI, and hopefully, most of them do it better than UnitedHealthcare. Seemingly every company is working on AI chatbots or agentic AI programs that simplify processes (and could replace human jobs). That's been a boon for AI stocks, including Palantir, which has seen its stock price soar 74% in 2025, including a 8% jump on May 30. Fannie Mae has more than $4.3 trillion in assets and plays a foundational role in the U.S. housing market. According to the company, it is the country's largest holder of residential mortgage debt outstanding, owning or guaranteeing an estimated one in four single-family mortgages and 20 percent of multifamily mortgages in the U.S. Related: Veteran trader makes bold move with Palantir, Rocket Lab and SoFi On May 28, the company announced the launch of its AI-powered crime detection unit in partnership with Palantir. The deal expands Fannie Mae's fraud detection capabilities with a new AI-enabled platform that the company believes will help detect and prevent mortgage fraud, potentially saving the U.S. housing market millions of dollars in future losses. "This partnership with Fannie Mae will set off a revolution in how we combat mortgage fraud in this country," said Alex Karp, co-founder and chief executive officer of Palantir. "We are bringing the fight directly to anyone who attempts to defraud our mortgage system and exploit hardworking Americans." But this deal wasn't the only reason behind Palantir's stock price jumping. In March, President Trump signed an executive order calling for the federal government to share data across agencies. Related: Palantir gets great news from the Pentagon In the past few months, Palantir has been granted more work across the federal government, a signal that it may benefit from that order. The use of Palantir isn't surprising. Palantir's roots trace back to developing solutions to secure sensitive government data, and the US government remains a significant driver of the company's revenue. In Q1, governments, including the U.S., contributed $373 million to the company's $884 million in sales. Palantir's government revenue was up 45% year over year in the quarter. Much of that growth is due to the demand for Palantir's Foundry, a data analytics platform, and its AIP (Artificial Intelligence Platform), which enables clients to use AI, including large language models (LLMs) and AI agents, within private networks. More Palantir Palantir gets great news from the PentagonWall Street veteran doubles down on PalantirPalantir bull sends message after CEO joins Trump for Saudi visit In May, the Department of Health and Human Services selected Palantir for its 5-year "Solutioning with Holistic Analytics Restructured for the Enterprise (SHARE)" blanket Purchase Agreement (BPA), valued at $90 million. The New York Times reported this week that Palantir is negotiating with at least two other agencies - the Social Security Administration and the Internal Revenue Service - about buying its technology. Meanwhile, TheStreet's Samuel O'Brient reports the Pentagon is significantly increasing the budget for Palantir's Maven Smart System to $1.3 billion over the next four years, a roughly $795 million increase. The prospect of additional Federal deals has emboldened investors. Retail investors and traders "are buying massive amounts" of call options, said longtime investor Don Kaufman during a recent appearance on Schwab Network, reported the InsiderMonkey. The jump in call activity is causing a 'gamma squeeze,' forcing market makers to buy the underlying shares in Palantir as protection to hedge their risk. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
