Palantir Surges 29.45% as AI Stocks Rally, Nasdaq Gains 2.59%

AI sector leads broad US equity gains with Palantir up 29.45%. Nasdaq rises 2.59% while VIX increases 4.04%, signaling mixed market sentiment amid tech strength.

Woofun AI reports that US equity markets closed higher, with the Nasdaq Composite advancing 2.59%, the S&P 500 rising 1.79%, and the Dow Jones Industrial Average gaining 1.71%. The CBOE Volatility Index (VIX) increased by 4.04% during the session.

AI-related equities posted significant gains, led by Palantir which rose 29.45%. Other notable performers included Arm Holdings up 17.36%, Marvell climbing 12.81%, Astera Labs increasing 12.65%, and Supermicro Computer rising 10.65%. MSX, a real-world asset trading platform, has issued tokens linked to major US stocks and ETFs including NVIDIA, GOOGL, MSFT, AMZN, META Platforms, TSM, and AMD.