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flag Palantir's stock surged after Powell hinted at interest rate cuts, boosting growth stocks.

flag Palantir Technologies' stock rose on Friday after Federal Reserve Chair Jerome Powell suggested potential interest rate cuts. flag Lower rates boost the value of future earnings for growth companies like Palantir, supporting higher stock prices. flag Despite significant year-to-date gains, the stock is still below its 52-week high and has seen insider sales, raising concerns among investors.

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