Palantir Stock Soars on Strong Contracts and Trump Momentum

TL;DR Summary
Palantir's stock has surged nearly 76% in 2025, reaching an all-time high, driven by strong government contracts and AI software adoption, despite controversy surrounding its data practices and CEO Alex Karp's blunt remarks. Veteran trader Ed Ponsi recommends buying at current high levels, citing technical and fundamental strength, with the company's close ties to government and political figures playing a role in its growth.
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- New Contracts To Drive Palantir Stock? Forbes
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