Reported about 13 hours ago
Palantir Technologies, under CEO Alex Karp, is experiencing remarkable growth, with the company's stock soaring 162% year-to-date. Analyst Ed Ponsi, who previously forecasted Palantir's rally, now anticipates further increases, citing Karp's unique leadership style and the firm's significant role in AI and government contracts. Palantir recently achieved a record quarterly profit of $134 million, and with strong demand for its data analytics software, it has raised its revenue projections for the year.
Source: YAHOO