Should You Buy Palantir Technology Stock Before Aug. 4?

The advent of artificial intelligence (AI) several years ago sparked a paradigm shift in technology that will likely continue for the next decade. Generative AI has the potential to streamline processes, increase productivity, and drive more profits to the bottom line. This has large and small businesses alike eager to join the AI revolution, but many simply don't know how to get started.Palantir Technologies (NASDAQ: PLTR) recognized the need and responded accordingly. The company developed a system designed to provide real-time, data-driven solutions while providing companies with a way to get started, and the results speak for themselves. The stock has gained 421% over the past year (as of this writing) and is up 1,890% since AI went viral in late 2022.The company faces a key test with investors when Palantir reports its second-quarter results after the market close on Aug. 4. Given the stock's blistering returns over the past year, should investors buy Palantir stock ahead of this crucial financial report, or wait until after the results have been made public? Let's see what we can learn from the available evidence.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool