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Why Palantir Stock Is Skyrocketing Today -- A New Trump Deal Could Be Incoming
PLTRPalantir Technologies(PLTR) The Motley Fool·2025-05-14 02:13

Shares of Palantir Technologies  (PLTR 9.52%) are surging on Tuesday. The company's stock gained 9.2% as of 1:21 p.m. ET, and was up as much as 9.6% earlier in the day. The jump comes as the S&P 500 (^GSPC 0.83%) gained 0.8% and the Nasdaq Composite (^IXIC 1.68%) rose 1.7%.Palantir's stock is seeing a boost from reports that the U.S. and Saudi Arabian governments have reached a new deal that could create significant new business opportunities in the Middle East for the artificial intelligence (AI)-fueled da ...