Palantir Technologies ( (PLTR) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Palantir Technologies has recently faced a significant shift in investor sentiment as billionaire hedge fund manager Paul Tudor Jones exited his entire stake in the company. Jones, known for his macro-driven investment strategies, sold all 175,212 shares of Palantir in the second quarter of 2025, signaling a potential belief that the company’s valuation may have peaked. Despite Palantir’s impressive growth, particularly in its AI platform, and a remarkable 2,285% stock gain over the past three years, concerns about its high valuation have surfaced. Analysts remain cautious, with a consensus Hold rating, although some investors like Deep Value Investing remain bullish, expecting continued growth and potential earnings beats.
On the other hand, Jones has shifted his focus to Rigetti Computing, a company in the burgeoning quantum computing sector. He acquired 905,700 shares of Rigetti, reflecting a strategic move towards what he perceives as a high-potential, albeit high-risk, opportunity. The quantum computing market is projected to grow significantly, and Jones’ investment strategy includes both call and put options to hedge his bets. While Palantir continues to show strong revenue growth and strategic partnerships, the market’s attention is divided as investors weigh the potential of emerging technologies like quantum computing against established players in the AI space.