Latest news with #AccentureFederalServices
Yahoo
2 days ago
- Business
- Yahoo
Analyst Says Palantir Technologies (PLTR) a ‘Huge' Beneficiary of Trump's Tax Bill
PLTR is one of the . Wedbush's Dan Ives recently said during a program on CNBC that Palantir Technologies Inc (NASDAQ:PLTR) will be a key beneficiary of President Donald Trump's 'big, beautiful' tax bill. "I think front and center is massive. I think Palantir is going to be a huge beneficiary." Palantir shares are up over 400% one the past one year, but many analysts believe the stock has more room to run. The US government's Warp Speed for Warships initiative is counted as a new catalyst for the stock. The project uses Palantir's AI-powered Foundry platform to digitally transform US naval shipbuilding. In Q1 alone, the company won close to 140 deals worth over $1 million each, including 31 deals above $10 million. Palantir is also positioned to benefit from its partnership with Accenture Federal Services (AFS) to co-develop AI solutions for federal agencies. Photo by Kaur Kristjan on Unsplash Jackson Peak Capital stated the following regarding Palantir Technologies Inc. (NASDAQ:PLTR) in its Q1 2025 investor letter: 'Palantir Technologies Inc. (NASDAQ:PLTR) was a contributor as a long event-driven trade. We held PLTR into and through its Q4 earnings. The thesis was that it would continue its beat and raise cadence and have investors chasing the right tail as management lays out what's possible under the new administration in DC, announcing new contract wins. It also benefitted from market structure dynamics with institutions underweight and PLTR joining the Nasdaq 100 index in December.' While we acknowledge the potential of PLTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
11-07-2025
- Business
- Yahoo
Palantir (PLTR) Teams With Accenture to Expand AI Solutions in Federal Government
Palantir Technologies Inc. (NASDAQ:PLTR) ranks among the . On June 30, Palantir Technologies Inc. (NASDAQ:PLTR) and Accenture Federal Services announced a strategic partnership which names Accenture Federal as a preferred implementation partner for Palantir's AI solutions within US federal government agencies. The partnership intends to implement AI-powered solutions to operational difficulties faced by federal agencies, ranging from improving decision-making skills to optimizing workflows. The three main products that the partnership will initially focus on include Operationalize Financial Intelligence, which will give comprehensive views of agency budgets across systems; Predictive Supply Chain Orchestration, which will optimize government agency supply chains; and Enterprise-to-Edge Data Fusion, which will modernize enterprise business systems. In a separate vein, Palantir Technologies Inc. (NASDAQ:PLTR) and The Nuclear Company recently announced a new collaboration to create an AI-powered software system for nuclear building projects. The goal of this collaboration, which is a component of Palantir's Warp Speed program, is to use data-driven procedures to overcome challenges related to the construction of nuclear plants. Palantir Technologies Inc. (NASDAQ:PLTR) is a software and data analytics company that develops platforms for large corporations, financial institutions, and government organizations to analyze massive amounts of data. While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.
Yahoo
06-07-2025
- Business
- Yahoo
Accenture plc (ACN) and Palantir (PLTR) Partner to Deliver AI Solutions
Accenture plc (NYSE:ACN) is one of the 10 Best Dip Stocks to Buy According to Billionaires. On June 30, Accenture plc (NYSE:ACN) announced its partnership with Palantir Technologies Inc. (NASDAQ:PLTR) to deliver advanced AI-powered solutions to US federal government agencies. As part of the partnership, Accenture Federal Services, which is a subsidiary of Accenture plc (NYSE:ACN), has been named Palantir's preferred implementation partner for deploying its AI platforms to federal customers. Accenture Federal will train and certify 1,000 of its Data & AI professionals on Palantir's Foundry and Artificial Intelligence Platform. The company will also build a large-scale joint delivery team focused on AI automation in government. A team of data experts gathered around a computer monitor analyzing customer data. Some of the initial joint offerings by both companies include Enterprise-to-Edge data fusion, predictive supply chain orchestration, and operationalized financial intelligence. Accenture plc (NYSE:ACN) is a leading international professional services company that helps organizations improve their performance. The company operates through key areas including Strategy and Consulting, Technology, Operations, and Industry X. While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Palantir Technologies (NasdaqGS:PLTR) Partners With Accenture, Drops From Russell Indexes
Palantir Technologies recently announced a significant partnership with Accenture Federal Services, aimed at enhancing AI deployment for the U.S. federal government. This event, coupled with their removal from the Russell Midcap Index, occurred against a backdrop of Palantir's share price rising 54% over the last quarter. The increase in Palantir's Q1 2025 net income and improved earnings per share, alongside a broader market rally where major indexes like the Nasdaq hit new highs, likely bolstered the company's stock performance. Additionally, Palantir's successful share repurchase and multiple strategic alliances further consolidated investor confidence. We've identified 1 risk for Palantir Technologies that you should be aware of. The end of cancer? These 24 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. Palantir Technologies has experienced a very large total shareholder return of 1310.36% over the past three years. This remarkable performance sets it apart, particularly as it surpassed both the US market and the Software industry, each respectively yielding returns of 13.7% and 19.2% over the last year. The company's recent strategic initiatives, including its collaboration with Accenture, emphasize a strong focus on AI deployment, likely contributing to forecasts of a 22.4% increase in revenue and a 30.6% rise in earnings annually. These developments are expected to sustain its growth trajectory, potentially enhancing shareholder value further. Palantir's share price movement should be considered alongside the consensus analyst price target of US$101.32. Current trading suggests a discount, highlighting market confidence in the company's growth prospects relative to its valuation estimates. This indicates a positive reception toward its recent announcements, despite being removed from the Russell Midcap Index. Our valuation report unveils the possibility Palantir Technologies' shares may be trading at a premium. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:PLTR. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
30-06-2025
- Business
- Yahoo
Palantir and Accenture Federal Services Join Forces to Help Federal Government Agencies Reinvent Operations with AI
DENVER & ARLINGTON, Va., June 30, 2025--(BUSINESS WIRE)--Palantir (NASDAQ: PLTR), a leading provider of AI systems, and Accenture Federal Services, a leading U.S. federal technology company and subsidiary of Accenture LLP (NYSE: ACN), today announced a landmark strategic partnership, naming Accenture Federal as a Palantir preferred implementation partner for U.S. federal government customers. Together, the companies will deploy commercial-grade, AI-powered solutions to address federal agencies' highest priority operational challenges, from optimizing and orchestrating mission-critical workflows to enhancing decision-making and increasing operational resilience. As part of the collaboration, Accenture Federal Services and Palantir will partner to train and certify Accenture Federal's Data & AI team of 1,000 professionals on Palantir Foundry and Artificial Intelligence Platform (AIP) to establish a premier joint delivery capability of cutting-edge automation for the federal government. "Accenture Federal is a natural Palantir partner," said Dr. Alex Karp, co-founder and CEO of Palantir Technologies. "Accenture and Palantir are both committed to creating value for America by delivering product-driven outcomes." "What makes this partnership so uniquely powerful is Accenture's expertise working with the federal government and our ability to bring commercial capabilities to government solutions, combined with Palantir's deep experience in government software," said Julie Sweet, chair and CEO of Accenture. "Together, we will harness the ever-growing power of AI to help the federal government succeed in its critical mission to modernize and reinvent its operations—with stronger data flows, transparency and resilience—to better serve warfighters, citizens and all its stakeholders." The two companies will initially focus on the co-development of three key offerings: Enterprise-to-Edge Data Fusion. Using Palantir's ontology and AI platform to accelerate modernization of enterprise business systems to push critical data from the enterprise to the tactical edge. Predictive Supply Chain Orchestration. Combining Accenture's federal and commercial logistics expertise with Palantir AI to help government agencies deliver optimized, autonomous and resilient supply chain workflows. Operationalize Financial Intelligence. Providing a 360-degree view of agency budgets and expenditures across numerous systems to enhance fiscal transparency and accountability. "The world is getting more dangerous, and we need to provide America's warfighters with cutting-edge AI computing and solutions in order to enhance deterrence," said Mike Galagher, head of Defense for Palantir Technologies. "This partnership will empower those warfighters with information and analytics, allowing them to fight smarter." "This is a game changer for both companies, but more importantly, it's a game changer for our federal customers," said Ron Ash, CEO of Accenture Federal Services. "We're investing in building a scalable capability with Palantir that will deliver AI-enabled decision-making capabilities directly into the fabric of government agencies so leaders can act decisively and deliver greater results faster." About Palantir Technologies Inc. Foundational software of tomorrow. Delivered today. Additional information is available at About Accenture Federal Services Accenture Federal Services is a US subsidiary of Accenture LLP that government agencies choose to partner with to drive impactful change. Our 15,000 people are committed to powering reinvention for the federal government with the same commercial technology, competitive drive and technical edge that is transforming global industry—ensuring that federal enterprises can be as modern, fast, and efficient as the country it serves. See how we reinvent at About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond Palantir's control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir's platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir's platforms' reliability; and customers' ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. View source version on Contacts Lisa GordonPalantirmedia@ Deirdre BlackwoodAccenture Federal Servicesmedia@ Sign in to access your portfolio
