AI Stocks Showdown: Why are AMD and ServiceNow Eclipse Meteoric Rise?
Since 2022, Palantir Technologies (NYSE: PLTR) has had an incredible 1,000% increase in value, bringing its market capitalization to $195 billion. Palantir’s low $2.8 billion in sales raises questions about the sustainability of its value, even though its artificial intelligence (AI) capabilities have captivated investor excitement. The sharp rise in stock driven by the euphoria…