Palantir Technologies (NASDAQ: PLTR) has surged by 2,100% since the start of 2023, bolstered by its advancements in artificial intelligence (AI) software for government and enterprise clients. The company announced that less than 500 U.S. commercial customers currently utilize its services, a small proportion of the 20,000 large corporations in the country. For Q1 2025, government contracts accounted for 55% of Palantir’s revenue.
Apple (NASDAQ: AAPL) faces challenges in AI integration despite its ecosystem of over 2.35 billion active iOS devices worldwide. The company is attempting to address shortcomings in launching AI features, having recently reorganized its AI team after an underwhelming rollout of Apple Intelligence. While there may be concerns about future performance, Apple’s substantial market cap and robust brand loyalty offer some reassurance for investors.
Alphabet (NASDAQ: GOOG) is currently trading at a P/E ratio of just 19 as it navigates regulatory pressures and shifting user trends due to AI models. Despite these challenges, its advertising revenue still grew by 10% in Q1 2025. Alphabet’s cloud services are also expanding thanks to increased demand driven by AI, showing the company’s potential to remain relevant in the evolving tech landscape.
