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BTCC / BTCC Square / Global Cryptocurrency /
Palantir Stock Surges on Government Contracts and AI Adoption

Palantir Stock Surges on Government Contracts and AI Adoption

Author:
Global Cryptocurrency
Published:
2025-12-16 11:54:02
22
1
BTCCSquare news:

Palantir Technologies Inc. shares climbed 3% in extended trading after securing new U.S. government contracts and a French intelligence agency renewal. The data analytics firm now commands a $500 billion market valuation as institutional adoption of its AI tools accelerates.

Wedbush analysts project a $280 price target following 40% commercial revenue growth, while Bank of America maintains its street-high $255 valuation. Defense applications appear particularly strong, with government work now supplementing enterprise adoption.

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