The stock market finally closed in the green on Wednesday, recovering from back-to-back losses earlier this week. This was after President Donald Trump provided a one-month auto tariff exemption on Mexico and Canada.
Overall, S&P 500 was up 1.1% to 5,843, while NASDAQ increased 1.5% to 18,553.
Tweet of the Day
Good take on Hims & Hers, $HIMS, which we own for clients. https://t.co/7PCiNeNLpG
— David Sharek (@GrowthStockGuy) February 25, 2025
Chart of the Day
Here is the one-year chart of Palantir (PLTR) as of February 18, 2025, when the stock was at $125.
Palantir stock has been on fire as US Commercial customers are signing up for its software left-and-right. Last quarter, US Commercial customer count climbed 73% year-over-year to 382, from just 221 a year ago. Note, these customers are new so revenue needs time to ramp up, and yet US Commercial revenue still jumped 64% year-over-year. The key to this growth is Palantir is perhaps the best software company to implement AI into an organization’s workflow.
PLTR is currently in our Growth Portfolio.
