Palantir Technologies Ranks Sixth in Trading Volume with $76.50 Billion as AI Partnerships Drive Revenue Growth

Generado por agente de IAAinvest Market Brief
martes, 20 de mayo de 2025, 7:34 pm ET1 min de lectura
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On May 20, 2025, PalantirPLTR-- Technologies (PLTR) saw a trading volume of $76.50 billion, ranking sixth in the day's stock market activity. The stock fell by 0.59%, marking its second consecutive day of decline, with a total drop of 3.03% over the past two days.

Palantir Technologies has announced a strategic partnership with Divergent Technologies to integrate AI more deeply into manufacturing processes. This collaboration aims to enable defense and industrial clients to produce critical components on demand, potentially addressing global supply chain disruptions. Divergent's Adaptive Production System will be embedded into Palantir's Foundry and Warp Speed software, allowing users to transition from data insights to manufacturing in real time.

This partnership is part of Palantir's broader push into AI, following a $30 million contract with Immigration and Customs Enforcement for a deportation case-management system. The company has also expanded its AI partnerships with Archer Aviation and Qualcomm. Palantir's revenue grew by 39% year-over-year in Q1 2025, driven by a 55% increase in U.S. sales. The company has raised its full-year revenue guidance to $3.90 billion, citing stronger-than-expected enterprise momentum.

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