Palantir Technologies has been a focal point in the tech sector, with its stock performance drawing significant attention. As of January 3, 2025, Palantir was recognized as the best-performing stock in the S&P 500 for the previous year, largely due to its advancements in artificial intelligence (AI). The company's focus on AI workflow and application layers has attracted numerous companies to test its solutions, positioning Palantir as a key player in the AI space. This momentum has continued into the new year, with investors closely watching its potential for further growth.
The GraniteShares 2x Long PLTR Daily ETF (PTIR) surged to $138.51, marking a 6.89% increase from the previous close.