Palantir Technologies shares are trading higher after the company announced a multi-year partnership with Panasonic Energy to operationalize data and introduce automated efficiencies.
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies announced a multi-year partnership with Panasonic Energy to operationalize data and introduce automated efficiencies, leading to higher trading for Palantir shares.
June 07, 2023 | 1:58 pm
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POSITIVE IMPACT
Palantir's partnership with Panasonic Energy is expected to boost its shares as the deal focuses on data operationalization and automated efficiencies.
The partnership with Panasonic Energy is a positive development for Palantir, as it expands its client base and showcases its capabilities in data operationalization and automation. This is likely to increase investor confidence and boost PLTR shares in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100