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A jittery start — rattled by tariff threats, oil price shocks, and escalating Middle East tensions — saw the index teeter under pressure. But true to its resilient form, Wall Street found its footing. A truce overseas, stellar earnings, and cooling trade rhetoric helped catapult the index to an all-time high by late June.Yet, even as the broader market has regained its stride, one name has outpaced the pack: Palantir Technologies (PLTR). Specializing in defense-grade software and advanced analytics driven by artificial intelligence (AI), Palantir not only survived the geopolitical crosswinds but thrived in them.Microsoft Stock Is Headed for $4 Trillion. Is It Too Late to Buy MSFT Here?Is UnitedHealth Stock a Buy, Sell, or Hold for July 2025?Is Palantir Stock a Buy at New Record Highs?Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!As investors sought shelter in companies with real-world relevance and government ties, PLTR stock took flight. Palantir's deepening footprint across global defense and national security corridors have acted like rocket fuel in a market looking for clarity.Halfway through 2025, PLTR has not just outperformed — it has seized the crown as one of the S&P 500’s top-performing stocks this year. With that in mind, let’s take a closer look at what’s fueling Palantir’s remarkable run.Palantir specializes in cutting-edge data analytics and AI platforms. Its flagship products, Gotham and Foundry, enable organizations and governments to integrate and analyze disparate datasets and inform critical decisions. Headquartered in Denver, Colorado, Palantir has steadily expanded its presence in both the government and private sectors. Currently, the company boasts a market capitalization of approximately $321 billion, cementing its position among the world’s most valuable tech enterprises.Palantir shares have surged 73% on a year-to-date (YTD) basis, significantly outperforming the broader S&P 500 Index’s gains of just 5.4% YTD. Palantir hit its 52-week high of $148.21 on June 26 before retreating slightly.www.barchart.comDespite its impressive rally, signs of pessimism are building up, primarily centered on Palantir's extremely high valuation. PLTR stock is priced at 357 times forward adjusted earnings and 107 times sales, well above its sector averages.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,324.25 0.00 (0.00%)Dow Futures45,098.00 0.00 (0.00%)Nasdaq Futures23,062.50 0.00 (0.00%)Russell 2000 Futures2,262.70 0.00 (0.00%)VIX16.38 -0.26 (-1.56%)Gold3,342.90 0.00 (0.00%)PortfolioSign in to access your portfolioSign inTop gainersBMNR Bitmine Immersion Technologies, Inc. 135.00 +76.50 (+130.77%)RUN Sunrun Inc. 10.50 +1.51 (+16.80%)TRIP Tripadvisor, Inc. 17.50 +2.51 (+16.74%)DDOG Datadog, Inc. 155.15 +20.14 (+14.92%)SYM Symbotic Inc. 47.91 +5.71 (+13.53%)Top losersLEN Lennar Corporation 110.12 -4.69 (-4.09%)LEN-B Lennar Corporation 105.62 -4.37 (-3.97%)ESGRP Enstar Group Limited 19.45 -0.79 (-3.91%)HOOD Robinhood Markets, Inc. 94.40 -3.58 (-3.65%)BG Bunge Global SA 78.44 -2.95 (-3.62%)Most activeLCID Lucid Group, Inc. 2.1600 +0.1100 (+5.37%)NVDA NVIDIA Corporation 159.34 +2.09 (+1.33%)INTC Intel Corporation 22.49 +0.61 (+2.79%)F Ford Motor Company 11.81 +0.04 (+0.34%)TSLA Tesla, Inc. 315.35 -0.30 (-0.10%)Earnings eventsTrending tickersBMNR Bitmine Immersion Technologies, Inc. 135.00 +76.50 (+130.77%)CDNS Cadence Design Systems, Inc. 326.81 +15.86 (+5.10%)WOLF Wolfspeed, Inc. 1.1800 +0.4069 (+52.63%)NVDA NVIDIA Corporation 159.34 +2.09 (+1.33%)^DJI Dow Jones Industrial Average 44,828.53 +344.11 (+0.77%)Top economic events