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Palantir Soars 143% Amidst AI Demand; BigBear Slumps

10/3/2025

29 7 Full Breakdown

Summary

Story summary

Palantir Technologies (PLTR) shares are up 143% in 2025 on strong enterprise demand for its AI platform, including AIP.
BigBear.ai stock has fallen 28.5% from its 52-week high, with revenue down 18% year-over-year and growth weak.
Seagate Technology and Western Digital benefit from rising nearline storage demand, reporting solid revenue and margin gains.

History

Historical Context

Palantir Technologies, founded in 2003 by Peter Thiel and Alex Karp, entered government contracts in 2012 with a $2 million deal with the U.S. Army. By 2025, its shares rose 143% due to strong demand for its AI platform, AIP, reflecting a broader trend of increasing reliance on AI and data storage solutions, with nearline storage demand growing by 20%.

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Story summary

Palantir Technologies (PLTR) shares are up 143% in 2025 on strong enterprise demand for its AI platform, including AIP.
BigBear.ai stock has fallen 28.5% from its 52-week high, with revenue down 18% year-over-year and growth weak.
Seagate Technology and Western Digital benefit from rising nearline storage demand, reporting solid revenue and margin gains.

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