Reported 6 days ago
Palantir has achieved a significant milestone by exceeding Lockheed Martin in market capitalization, now valued at $136 billion as its stock soared over 250% this year. The company's revenue growth is robust, particularly in U.S. government and commercial sectors, with Q3 showing a 40% increase in government revenue and 54% in commercial revenue year-over-year. Investors are optimistic, yet concerns about the stock's high valuation and future profitability persist.
Source: YAHOO