The AI-focused Palantir joins a group of less than 50 public American companies worth at least $200 billion, quite the turn of events for the government contractor worth less than $20 billion two years ago.

Palantir (Nasdaq: PLTR) opened Thursday trading slightly below where it closed yesterday. However, that situation quickly changed and its share price rapidly rose in early morning trading. For most of the afternoon,

While Cathie Wood may have dumped Palantir, statistical trends point to PLTR stock as a potent example of a FOMO trade.

Key Takeaways Palantir Technologies shares soared to an all-time high Tuesday, a day after the company's outlook blew past analysts' expectations on strong demand for its Artificial Intelligence Platform.