Palantir’s record run tests investor faith as valuation soars to S&P 500 peak

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Palantir Technologies headquarters campus exterior view in Silicon Valley. - Palo Alto, California, USA - 2019

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Palantir Technologies’ (NASDAQ:PLTR) relentless rally has made it the priciest stock in the Standard & Poor’s 500 stock index (SP500), with investors betting heavily that its growth will catch up to sky-high expectations, Bloomberg News reported Sunday.

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