Morgan Stanley renewed coverage of Palantir Technologies on Monday with an underweight rating citing valuation after a big run-up in 2024. Palantir stock, one of 2024's artificial intelligence plays, ...
The S&P 500 and the Nasdaq Composite closed higher Monday amid a rally in certain chipmaker and technology stocks. The tech-heavy Nasdaq rose 1.2% to 19,865, while the S&P 500 gained 0.6% to 5,975.4.