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Palantir's stock surged after Powell hinted at interest rate cuts, boosting growth stocks.
Palantir Technologies' stock rose on Friday after Federal Reserve Chair Jerome Powell suggested potential interest rate cuts.
Lower rates boost the value of future earnings for growth companies like Palantir, supporting higher stock prices.
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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Las acciones de Palantir se dispararon después de que Powell insinuara recortes de tasas de interés, impulsando el crecimiento de las acciones.