Why These 10 Stocks Are Skyrocketing

8. Palantir Technologies Inc. (NASDAQ:PLTR)

Shares of Palantir Technologies (PLTR) rose by 2.1 percent in the first two trading days of the week, finishing at $82.38 each. Like other semiconductor companies, Palantir (PLTR) has become one of the favorite technologies to hunt for, as investors place their bets on its ability to benefit from the booming AI.

In addition, the company last week announced that it has renewed a $618.9-million partnership with the US Army to deliver the Army Vantage capability in support of the Army Data Platform (ADP), which powers warfighters at every echelon and supports a diverse set of use cases across every data domain.