Palantir Technologies is delivering a banner year for shareholders driven by exceptional growth and accelerating profitability. At the time of this writing, the stock has returned 285% year to date, amid market optimism that this artificial intelligence (AI) innovator is still in the early stages of a global expansion opportunity.

Palantir Technologies (NASDAQ: PLTR) shareholders have been living the dream, as the stock soared 61% in November, according to data provided by S&P Global Market Intelligence.

It's been an excellent year for stock market investors. The S&P 500 index has delivered an excellent 26% return thus far in 2024, driven by resilient macroeconomic conditions, record corporate earnings, and growing optimism about artificial intelligence's (AI) transformative potential across the economy.

Palantir Technologies (NYSE: PLTR) has been one of the most exciting stocks of 2024, rising around 275% year-to-date at the time of this writing. Many have identified SoundHound AI (NASDAQ: SOUN) as one AI stock with that kind of potential.

Palantir's stock is driven by unrealistic expectations rather than fundamentals. Click here to find out why I maintain my hold rating on PLTR stock this time.

Jeff McClean, CEO of Solidarity Wealth, said while talking to CNBC in a latest program that in the latest scenario of rising Ukraine-Russia tensions, Palantir Tech Inc (NYSE:PLTR) is at less risk when compared with other defense names. He also said Palantir Tech Inc (NYSE:PLTR) has become the new face of the defense industry in the US.

Detailed price information for Palantir Technologies Inc (PLTR-Q) from The Globe and Mail including charting and trades.

We recently compiled a list of the 15 Buzzing AI Stocks Making Headlines. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against the other buzzing AI stocks.

Palantir Technologies is deserving of a higher stock classification following the release of better-than-expected third quarter earnings. See why PLTR stock is a Hold.

While Nvidia was arguably the hottest AI stock of 2023, Palantir Technologies (NYSE: PLTR) seems to have taken the lead in this year's race. The stock price has exploded, appreciating over 235% over the past year and roughly 900% since January 2023.

Palantir Technologies (NYSE: PLTR) is one of the hottest stocks of 2024, but I think there is another hot artificial intelligence (AI) software stock that investors should consider as well. AppLovin's (NASDAQ: APP) stock price is up more than 650% so far this year,

It’s hard to believe, but it was just two years ago that OpenAI released ChatGPT to the world – and showed us all just how much potential there