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Amazon and Apple dominate tech while Palantir’s stock soars 400% in a year

Two titans rule retail and devices, but one dark horse is rewriting Wall Street’s playbook. Who’s really winning the tech race—and why?

,   and  Administrator
1 min read
In this image there is a super market, in that super market there are groceries.
In this image there is a super market, in that super market there are groceries.

Amazon and Apple dominate tech while Palantir’s stock soars 400% in a year

Amazon, Apple, and Palantir are making waves in the tech industry. Amazon, with a 40% share of U.S. e-commerce, is expanding delivery services. Apple is growing its subscription services. Meanwhile, Palantir's stock has surged nearly 400% in a year, reaching a market cap of $475 billion.

Amazon's dominance in e-commerce is undeniable. It controls around 40% of the U.S. market and is expanding delivery services to capture more share. The company's AWS cloud computing sales growth accelerated to over 20% in the third quarter. However, predicting Amazon's market capitalization in 10 years is challenging, as it depends on various unpredictable factors.

Apple, too, is making strides. Its iPhones account for over half of all U.S. smartphones. New iPhone launches drive sales of other Apple products. The company is expanding into subscription services and is expected to lead future consumer tech products. Apple stock is predicted to remain one of the largest in the world in 10 years.

Palantir's stock has been on a meteoric rise, increasing nearly 400% in the past year. It now has a market cap of $475 billion, trading at an outrageously high valuation of 147 times trailing 12-month sales. Despite this, Palantir's market cap is still behind larger companies like Amazon and Apple.

Amazon, Apple, and Palantir are shaping the tech landscape. Amazon's e-commerce dominance and AWS growth are impressive, but future market capitalization is uncertain. Apple's strong iPhone sales and subscription service expansion point to a promising future. Palantir's stock surge is remarkable, but it still trails behind the tech giants.

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