AuthorJohn LesleyReading 1 minPublished byModified by
FABRICE COFFRINI / AFP via Getty Images.
Shares of Palantir Technologies (PLTR) rose for a second consecutive session Tuesday following news that the North Atlantic Treaty Organization (NATO) had acquired the analytics software provider’s artificial intelligence-enabled military system.
Palantir’s shares closed Monday nearly 5% higher as the deal with Brussels-based military alliance eased investor concerns that Europe might rely less on American defence contractors amid an uncertain trading outlook.
The stock was up a further 5% in recent trading and was among the top gainers in the S&P 500.
Shares are expected to increase by nearly 30% in value by 2025, and have soared 345% in the past year.
John Lesley, widely recognized as LeadZevs, is a highly skilled trader with a focus on the cryptocurrency market. With more than 14 years of experience navigating various financial landscapes, including currencies, indices, and commodities, John has honed his expertise in technical analysis and market forecasting.
As a prolific contributor to major trading forums, his insightful articles have attracted millions of readers, establishing him as a thought leader in the field. John operates as both a professional trader and an analyst, delivering valuable insights to clients while successfully managing his own investment strategies.
His deep knowledge of market dynamics and technical indicators empowers traders to make informed decisions in the fast-paced world of cryptocurrency.
