Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical
Publishing timestamp: 2025-05-08 20:06:11
Summary
Palantir's stock rose 8%, surpassing Salesforce in market cap. Despite high valuation multiples, the company's revenue growth has been strong, particularly in government contracts. However, some investors are cautious due to the company's smaller size compared to its large-cap tech peers.
Sentiment: MIXED
Tickers: CRM, IBM, .SPX, MSFT, TSLA, NVDA, AVGO, CSCO, PLTR, AAPL,
Keywords: nvidia corp, palantir technologies inc, business news, international business machines corp, defense, cisco systems inc, markets, salesforce inc, alexander karp, breaking news: technology, broadcom inc, apple inc, technology, breaking news: markets, s&p 500 index, tesla inc, microsoft corp,