Palantir stock jumps 5% on AI tie-up with Rackspace, HQ shift: Why investors are upbeat about the pact
Palantir Technologies’ stock has surged more than 5% on Wednesday after the company announced a partnership with Rackspace Technology to help enterprises deploy and operate Palantir’s AI platforms. Rackspace also witnessed an even more dramatic rise in the market. The company’s stock advanced by as much as 217% to $1.33 during the same trading session,…