Will Artificial Intelligence (AI) Colossus Palantir Technologies Soar 46% or Plunge 53%, According to Select Wall Street Analysts?

Since the start of 2023, no trend has been responsible for triggering investor excitement quite like artificial intelligence (AI). Giving software and systems the capacity to reason and act autonomously, as well as dangling the ability for machines to evolve over time, gives this technology a mouthwatering ceiling -- and Wall Street has taken notice.Based on estimates from PwC, AI can boost global gross domestic product by 26% come the turn of the decade. This is north of a $15 trillion impact that can lift the fortunes of a laundry list of companies. But as investors also know, not every company necessarily benefits from a next-big-thing trend.Although Nvidia has cemented itself as the face of the AI revolution, a strong argument can be made that AI-driven data-mining special Palantir Technologies (NASDAQ: PLTR) has replaced it as Wall Street's AI darling. At its February peak, shares of Palantir were approaching a nearly 2,000% trailing-two-year gain.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool