Palantir Technologies recently reported stellar fourth-quarter financial results that propelled its market value to $230 billion. But some Wall Street analysts think Advanced Micro Devices (NASDAQ: AMD) and ServiceNow (NYSE: NOW) will surpass that figure in the next year,

The AI-focused Palantir joins a group of less than 50 public American companies worth at least $200 billion, quite the turn of events for the government contractor worth less than $20 billion two years ago.

Palantir (NASDAQ:PLTR) stock has been the talk of the town again after shares skyrocketed more than 22% following an incredible quarterly earnings report. Undoubtedly, the data analytics and AI software firm continues to defy the laws of gravity.