Palantir Stock Gains Momentum Amid Strong Dell Earnings Report
Palantir Technologies (PLTR) stock rose on May 29 following a strong earnings report from Dell Technologies. The performance of DELL, which reported a record backlog of $51.3 billion, is seen as an indicator that increased AI infrastructure spending will likely lead to higher software demand in the coming quarters—benefiting companies like Palantir.
Topics: AI infrastructure Dell Technologies Palantir software spending trends