close
close

Yiamastaverna

Trusted News & Timely Insights

Alex Karp

Palantir shares rise 21% after rising third-quarter earnings

Alex Karp, CEO of Palantir, at the Senate AI Insight Forum at the US Capitol in Washington, DC on September 13, 2023.photo: Graeme Sloan/Sipa USA (AP) In this story Palantir shares (PLTR+22.41%) rose over 20% on Tuesday morning after the…

Palantir stock is rising as revenue from the Defense Department’s spending powers increases

Shares of Palantir (PLTR) rose more than 20% early Tuesday after third-quarter earnings beat expectations, driven by better-than-expected U.S. government spending on its AI technology. Global government spending on Palantir products, primarily in the U.S., rose 40% year-over-year to $408…

Where will Palantir be in 10 years?

Big Data Software Stock Palantir (NYSE:PLTR) is having its big moment today. Sales are rising, profitability has turned positive – a rarity for a software stock – and the artificial intelligence revolution seems to be boosting demand for its platforms…