Palantir Stock Surges 6.90% with $107.57 Billion in Trading Volume Becoming Third Most Active Stock

On April 24, 2025, Palantir Technologies Inc. (PLTR) saw a significant surge in trading volume, with a total of $107.57 billion in shares traded, making it the third most active stock of the day. The company's stock price increased by 6.90%, marking its third consecutive day of gains and a total increase of 18.70% over the past three days.

Palantir has announced an expanded partnership with Google Public Sector to integrate its cloud infrastructure into the FedStart platform. This collaboration aims to provide U.S. government agencies with certified solutions across multiple cloud platforms while maintaining high security and compliance standards. The FedStart platform, now supported by Google Cloud, will enable public sector customers to utilize software and applications on Google Cloud's accredited infrastructure. This move is expected to accelerate innovation across U.S. government agencies by offering world-class solutions and turnkey compliance.

The partnership also benefits independent software vendors (ISVs) by providing a faster path to accreditation and impact. At launch, Anthropic's Claude for Enterprise application will be available to federal government agencies through Palantir FedStart on Google Cloud. This strategic alliance is poised to enhance Palantir's position in the government sector, potentially driving further growth and market opportunities.