Palantir (PLTR) Stock Skyrockets on AI Boom – What Investors Need to Know
U.S. stock indexes hit record highs on Oct. 24, 2025, as cooler inflation data and strong tech earnings drove a rally. Palantir shares surged, trading near multi-month highs after reporting 48% year-over-year revenue growth in Q2 and raising full-year guidance. Alphabet also jumped on news of an expanded AI chip deal with Anthropic. About 87% of S&P 500 companies are beating earnings estimates, according to strategists.