A positive for PLTR as this means its only moving to a different exchange but has high possibility to be a NASDAQ 100 company, while retaining its S&P500 index status. You all saw what happened when it was included into S&P500.
Now it will stand amongst giant tech companies and its valuation while still very high, might be less criticised in a known high growth tech exchange with far higher muliples than the averages in S&P500.
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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.