Palantir Technologies surged to a record intraday high of about $187 on 8 August, capping a 21% weekly gain that has more than doubled the data-analytics company’s share price this year. The advance lifted Palantir’s market capitalization to roughly $426 billion, making it the 19th-largest U.S. company. At its new valuation Palantir now tops blue-chip stalwarts including Johnson & Johnson, Home Depot, Procter & Gamble, AbbVie, Bank of America, Chevron, Coca-Cola and General Electric, and it is within about 2% of overtaking Exxon Mobil, according to Bloomberg calculations. Investor optimism has been stoked by expectations that Palantir’s artificial-intelligence software will drive future revenue growth and by high-profile endorsements. CNBC host Jim Cramer described the shares as “dramatically undervalued” and predicted they could reach $200, while independent strategist Larry Tentarelli told Schwab Network he would “buy right here.” Derivatives markets echo the upbeat mood. Option-market data show positive gamma exposure clustered between $170 and $190, with limited put support until $130, suggesting dealer positioning may help keep the stock buoyant while it trades above $180.