Dec. 8 at 12:28 PM
$PLTR On a "golden path" to become a trillion-dollar market cap company in the coming years as it continues to expand globally while maintaining a leading position in artificial intelligence, Wedbush Securities said in a note Friday.
There is almost an equal split between new multiyear-deal customers and existing customers looking to increase spending, Wedbush added.
Wedbush also noted Palantir's launch of the Chain Reaction operating system with partners
$NVDA and
$CNP, which aims to build new infrastructure for AI software.