Palantir Partnership Boosts Growth Narrative

1 day ago

Nora Melinda

"Palunteer. So this is a stock that's really been on a tear. Up about 143% so far this year and today we're seeing a gain of as much as 3.2%. This is after the company launched the fact that it's going to be having a new partnership with Lumen Technologies. This should support more AI services. Lumen has agreed to spend more than $200 million on Palunteer software over the period of several years. In hopes to better manage and operate its networks and services. We are seeing shares of Lumen which is ticker LUMN up about 4% right now as we speak. But Palanteer um clearly gaining as well."

The segment underscores Palantir's explosive performance with a 143% rally year-to-date and highlights a major new partnership with Lumen Technologies, which is expected to drive further AI services growth.

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