Palantir Jumps 8%, Joins Top 10 U.S. Tech Firms With $281 Billion Market Cap

About Palantir Jumps 8%, Joins Top 10 U.S. Tech Firms With $281 Billion Market Cap

Palantir surged 8% on Thursday, boosting its market cap to $281 billion and breaking into the top 10 U.S. tech companies, according to CNBC. The data analytics firm has outperformed peers amid tariff concerns and economic uncertainty, with shares up 58% this year and over five times in the past year. Its rally follows strength in government contracts, including a $178 million AI deal with the U.S. Army.

Duration

43 sec

Released

2025