AI Application Software Stocks Surge Led by Palantir (PLTR)

Feb 04, 2025

On Tuesday, U.S. AI application software stocks experienced significant gains. Palantir (PLTR, Financial) saw a remarkable increase of over 26% following its earnings report. Other notable performers included SoundHound AI (SOUN), which rose more than 8%, and Applovin (APP), which gained over 4%. Additionally, Snowflake (SNOW) and Shopify (SHOP) both increased by more than 3%.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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