US Stock Market Move | Palantir (PLTR.US) rose more than 11%, skyrocketing over 75% year-to-date.

On Monday, the stock price of Palantir (PLTR.US) rose, and as of the time of writing, the stock had increased by over 11%, reaching $33.75. This Denver-based technology company's stock has surged by over 75% this year as investors believe that this big data software and surveillance company will greatly benefit from the increasing demand for its generative artificial intelligence tools globally. Dell Technologies, Inc. Class C (DELL.US) increased by over 3.6%, reaching $105.7. Dell Technologies, Inc. Class C and Palantir will replace Etsy (ETSY.US) and American Airlines Group Inc. (AAL.US) in the S&P 500 index, and this change will come into effect before the start of trading on September 23rd.