Reported about 6 hours ago
Palantir Technologies' stock surged by 27% following a robust revenue forecast driven by 'untamed' demand for its AI software, with projected sales reaching $3.75 billion for 2025. The company's fourth-quarter revenue exceeded estimates, increasing by 36% to $827.5 million. Palantir's relationships with U.S. government entities have strengthened, leading to significant gains in both government and commercial sectors.
Source: YAHOO