Artificial intelligence (AI) has defined the investment narrative of 2024, and Palantir Technologies Inc. (PLTR) has emerged as a massive beneficiary of this transformative trend thanks to its cutting-edge Artificial Intelligence Platform (AIP),

Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.

Palantir Technologies ( PLTR 0.47%) has been in the news for all the right reasons. On Nov. 4, the company reported stellar third-quarter earnings results. Then, on Nov. 14, the company announced plans to shift its listing from the New York Stock Exchange to the tech-heavy Nasdaq Global Select Market exchange.

Palantir Technologies (PLTR) is an artificial intelligence (AI)-powered tech stock that has captured Wall Street's imagination in 2024. With a market cap of nearly $150 billion, Palantir stock has returned 280% to shareholders year-to-date.