PLTE.TO is trading at CA$21.90 (+3.45%) as renewed enthusiasm for AI and technology stocks supports the move. - Optimism followed strong SpaceX and Super Micro results; Nasdaq was higher. - The fund is highly concentrated in Palantir, with leverage and a covered-call overlay, making returns closely tied to PLTR’s performance. - Palantir’s sovereign-AI infrastructure partnership with Armada is a company-specific positive, but reporting does not establish it as the cause of this morning’s move. Volume/activity figures were not supplied.