PLTE.TO is trading at CA$22.90 (+3.06%) as Palantir gains follow Goldman Sachs’ Buy upgrade.

  • PLTE invests in Palantir and uses a covered-call strategy, so PLTR’s gains are its main direct driver.
  • Palantir rose about 2% on October 8 after Goldman Sachs upgraded it to Buy, citing AI growth opportunities.
  • On October 9, technology shares found support as reports said OpenAI still expects to reach its $70 billion annualized revenue target, easing AI-growth concerns; broader markets were also higher.