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Palantir Shares Surge to Record High, Market Cap Tops $500 Billion

Adam ·
Palantir Shares Surge to Record High, Market Cap Tops $500 Billion

Palantir Technologies saw its stock jump 5% on Friday, breaking the $209 mark and setting a new all‑time high.

  • Since early July the stock has climbed about 80%, pushing the company’s market value past $502 billion.
  • The rally was sparked by bullish notes from investment banks Barclays and Goldman Sachs.
  • CEO Alex Karp, a noted Trump‑era figure, continues to draw investor attention despite his controversial reputation.

The surge underscores strong market confidence in Palantir’s growth trajectory.

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