The GraniteShares 2x Long PLTR Daily ETF (PTIR) surged 7.25% to close at $115.31 on January 17th, driven by a strong performance in Palantir Technologies Inc. (NASDAQ:PLTR), which saw its stock price rise 3.3% during mid-day trading. Palantir's stock reached a high of $71.34, buoyed by positive sentiment from recent analyst reports and a robust market capitalization of $164.35 billion. Despite a mixed analyst consensus with seven sell ratings, twelve hold ratings, and two buy ratings, the stock's upward momentum was supported by a recent earnings report that exceeded expectations, with a 30% y/y revenue increase to $725.52 million. The company's strong financial performance, coupled with a favorable market environment, contributed to the bullish sentiment.