Palantir

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The S&P 500 and Dow Jones Industrial Average hit record closing highs on Tuesday as strong results from AI-linked companies, including Palantir, and Caterpillar eased concerns about demand. Oil prices and Treasury yields also fell amid growing hopes for a deal to end the Iran war, Reuters reported. Palantir Technologies…

When it was Alex Karp‘s turn to speak on Palantir’s second-quarter earnings call Monday evening, the CEO could barely contain his excitement. Grinning as he repeatedly pounded his pen on the table—and taking jabs at unnamed Silicon Valley AI competitors who “eat vegetables” and don’t support the U.S. military—a pugnacious…

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Palantir shares surged nearly 13% in after hours trading on Monday after the company reported second quarter revenue growth of 93% and raised its full year outlook as demand for its artificial intelligence software accelerated. Revenue reached $1.94 billion during the quarter ended June 30, up 93% from a year…

Palantir blew past Wall Street’s financial targets in its second quarter and forecast strong growth in the coming months, sending its stock surging 13% in after-hours trading on Monday. Revenue in the three months ended June 30 increased 93% year over year, totaling $1.94 billion, compared with the $1.801 billion…

Palantir Technologies (PLTR) beat Wall Street on every headline figure in the second quarter and lifted its full-year outlook. Shares climbed more than 7% in after-hours trading on Monday. The data analytics firm reported $1.94 billion in revenue, up 93% from a year earlier. Adjusted earnings reached 41 cents per…

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TLDR Oppenheimer expects Palantir to beat Q2 estimates, forecasting ~85% revenue growth vs. guidance of ~79% Analysts forecast EPS of $0.35 on $1.81B revenue, up from $0.16 and $1B a year ago U.S. government remains the biggest growth driver, with DHS and military spending accelerating Morningstar rates PLTR fairly valued…

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