Palantir Is Soaring Today and Heading to the S&P 500 -- Time to Buy the AI Stock?
Palantir is climbing in conjunction with news that the company's stock is going to be added to the S&P 500 index. Companies in the index have to meet criteria for profitability, valuation, trading volume, and other factors -- and being added to the S&P 500 generally reflects that a business has been performing well and seeing its value increase.