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Palantir

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…

Why Palantir Stock Soared Today

Shares of Palantir (NYSE:PLTR) rose higher today after the artificial intelligence (AI)-focused software stock reported better-than-expected results in its third-quarter earnings report last night as revenue growth accelerated for the fifth consecutive quarter. It also saw strong margin expansion. As…

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…

Palantir shares rise to record levels as AI boom forecasts rise

By Zaheer Kachwala (Reuters) – Palantir (PLTR) shares rose over 17% on Tuesday to hit a record high after the data analytics company raised its annual revenue forecast for a third time, boosting investor confidence that the AI ​​frenzy will…

Palantir (NYSE:PLTR) Q3 Sales Beat Estimates, Stock Jumps 13.4%

Data mining and analytics company Palantir (NYSE:PLTR) reported revenue in the third quarter of fiscal 2024 that exceeded Wall Street expectations. Revenue rose 30% year over year to $725.5 million. Additionally, revenue guidance for the next quarter ($769 million at…

Could Palantir shares help you become a millionaire?

Palantir (NYSE:PLTR) has become one of the stock market’s darlings in the field of artificial intelligence (AI). The technology company is known for its complex data analysis platforms. It began providing federal intelligence agencies with software after 9/11 to help…

Palantir stock is misunderstood on Wall Street and will skyrocket

Data mining software company Palantir Technologies is popular with retail investors but remains misunderstood by many on Wall Street, Bank of America said. In a note on Tuesday, analysts pointed out that the number of cell phone users in 1980…

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…