Palantir Stock Climbs as Walgreens and Heineken Revealed as New Clients

Key Takeaways
Palantir ( PLTR ) shares jumped after the company unveiled a roster of new customers it said will attend its artificial intelligence event Thursday.
Walgreens ( WBA ) and Heineken are among the AI analytics company’s latest clients, along with convenience store operator RaceTrac, data digitization firm Ripcord, and others, Palantir said late Tuesday.
Those companies, along with AT&T ( T ), Delta Air Lines ( DAL ), JD Power, and more are expected to speak at AIPCon. Palantir described the event as a showcase of how customers “drive outcomes” using its Artificial Intelligence Platform. Thursday's AIPCon will be the sixth the company has held since 2023.
Shares of Palantir gained more than 4% intraday Wednesday and have more than tripled in value over the past 12 months. However, a
recent selloff
driven by widespread market uncertainty has dropped the stock about 33% from its record high in February
.
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