Palantir Technologies Inc. ($PLTR) has experienced a remarkable surge in its stock price, reaching an all-time high and climbing 74% over the past month. The company, now valued at approximately $265 billion, has become the largest defense contractor in the U.S. by market capitalization, surpassing notable firms such as Alibaba and Wells Fargo. The stock's performance is attributed to strong demand for artificial intelligence solutions within the defense sector, leading to a 35% increase following the release of its quarterly report. Retail investors have shown considerable interest in Palantir, with the stock being one of the most actively traded and focused on among retail investors. Year-to-date, Palantir's shares have risen by 54%, and analysts are optimistic about its potential for continued growth, with discussions around the company's strategic positioning in the market. Despite the positive momentum, some investors are contemplating profit-taking as the stock approaches new highs.