Palantir Shares Surge After Strong Earnings and Upgraded Outlook

Reported 2 months ago

Palantir Technologies (PLTR) saw its stock rise in pre-market trading on Tuesday following a strong second-quarter earnings report, surpassing revenue expectations with $678 million compared to the anticipated $653 million. The company has also raised its full-year guidance, driven by high demand for its AI products, with CEO Alex Karp noting the significant transformation AI has brought to the business.

Source: YAHOO

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