AI upswing pushes Palantir to new record high
AI software vendor and government data and defense contractor Palantir closed at another record high on Tuesday, its second consecutive day of new high-water marks, after an upswing in almost all things AI-adjacent.
The AI excitement stemmed, in part, from news that Meta notched a 20-year deal with nuclear power provider Constellation Energy.
(Constellation, ironically, couldn’t hold its double-digit gains from premarket trading and finished a touch in the red.)
Such an agreement suggests the AI investment boom is far from kaput.
Goldman Sachs’ AI Leaders basket, composed of the masters of the various dimensions of the AI universe — semiconductors, data centers, infrastructure, power, and software (including Palantir!) — was up a tidy 1.8% on the day, besting the Nasdaq 100’s respectable gain of 0.8%.
Such an agreement suggests the AI investment boom is far from kaput.
Goldman Sachs’ AI Leaders basket, composed of the masters of the various dimensions of the AI universe — semiconductors, data centers, infrastructure, power, and software (including Palantir!) — was up a tidy 1.8% on the day, besting the Nasdaq 100’s respectable gain of 0.8%.
