Earlier this month, the Nasdaq Composite experienced a sell-off and fell into bear market territory over concerns related to global tariffs. Additionally, there are fears of a recession coming this year, which could inevitably slow down spending on artificial intelligence (AI), and technology as a whole.

Palantir Technologies Inc (NASDAQ:PLTR) shares are rising on Tuesday despite a pullback in broader markets. The stock appears to be moving on continued momentum after the company announced that NATO acquired one of its AI-powered military systems.