Palantir Technologies (NASDAQ:PLTR) is experiencing a notable uptick in market activity, driven by its inclusion in Dan Ives' top 10 tech winners for the AI revolution in 2025. This recognition highlights Palantir's strategic positioning in the AI sector, which has been a significant growth area for the company. The stock's surge is further supported by its recent performance, where it has been compared to industry giants like Oracle, indicating strong investor confidence in its future prospects. Additionally, Palantir's ongoing partnerships and contracts, such as its $618.9 million deal with the Army, continue to bolster its market standing and attract investor interest.
The GraniteShares 2x Long PLTR Daily ETF (PTIR) is up 1.58% in pre-market hours on Tuesday, December 31, reaching $138.44 as of 9:00 AM ET.