Reported about 10 hours ago
Palantir (PLTR) is set to release its third quarter earnings, which are expected to reveal significant revenue growth, particularly in government contracts, amid rising concerns about a potential U.S. government shutdown. With the stock having surged over 28% since the previous quarter, investors will scrutinize the earnings report for insights into future performance, especially as analysts predict the company's revenue could reach $1.09 billion, marking a 50% increase compared to last year. The earnings results could impact stock volatility, with options traders anticipating a potential 9% movement following the announcement.
Source: YAHOO