Part 1/8:
Palantir's Stratospheric Stock Valuation: A Double-Edged Sword
Palantir Technologies, a data analytics company, has recently reached a staggering valuation of $250 billion, largely due to a meteoric rise in its stock price over the last few years. The stock surged by 50% in the first month of 2024, marking an incredible 400% increase over the past year and an astonishing 1,600% increase over the last two years. This growth has catapulted Palantir into the position of being the most absurdly valued company in history, a status that raises questions about sustainability and investor sentiment.