Palantir Stock Rallies the Most in a Year as Another Test Nears
Palantir Technologies surged 9.2% Friday to $156.54, its best session in over a year, lifting its market cap near $402 billion. The stock jumped almost 18% over two sessions, fueled by optimism around AI spending and a new on-premises deal with Dell. First-quarter revenue rose 85% to $1.63 billion. Investors now await U.S. jobs data and Broadcom earnings for signals on rates and tech demand.