Palantir Stock Jumps. Why the AI Trade Is So Back.
1. Nasdaq rose 2.2% amid government shutdown resolution talks. 2. Palantir surged over 9% after a previous 15% decline. 3. Microsoft and Meta plan significant capital investments in AI infrastructure. 4. Palantir's recent decline was due to high valuation concerns. 5. Investors now see growth potential at lower valuations.