Palantir stock soars as Department of Defense spending powers earnings beat
Palantir stock surged Tuesday after its third quarter earnings surpassed expectations thanks to better-than-anticipated spending from the US government on its AI tech.
Palantir's Stock is Soaring—While Analysts Are Calling for a Slide
Palantir Technologies shares rocketed higher Tuesday after earnings results comfortably beat expectations. Many analysts are wary the analytics software provider is overvalued.
Why Palantir Stock Was Soaring Today
Shares of Palantir ( PLTR 23.47%) were soaring today after the artificial intelligence (AI)-focused software stock posted better-than-expected results in its third-quarter earnings report last night, as revenue growth accelerated for the fifth quarter in a row. It posted strong margin expansion as well.
Palantir’s stock soars as earnings make at least one bear rethink his view
A Morgan Stanley analyst strips his “underweight” rating as Palantir’s latest results go against three elements of his prior bearish stance.
Palantir Stock Soars After Sales Growth Beats Expectations
Palantir Technologies shares jumped after the software company posted strong sales and raised its revenue guidance, buoying investor confidence in its growth amid voracious appetite for artificial-intelligence products.
Analysts overhaul Palantir stock price target after Q3 earnings
Palantir Technologies shares powered firmly higher in early Tuesday trading Palantir (PLTR) , which was added to the S&P 500 last month, has established itself as key player in the defense industry, with a host of contracts with domestic and international agencies that focus on its data analytics and AI technologies.
Should You Buy Overvalued Palantir Stock After Q3 Earnings?
Palantir Technologies (PLTR) has emerged as a stock market favorite in 2024, joining the ranks of other high-performing companies like Nvidia (NVDA). The company’s stock has delivered an astounding 141% gain year-to-date,
Palantir Soars On Earnings Beat, But I'm Still Not Very Bullish
Palantir Technologies reported strong Q3 earnings, but high valuation and potential risks raise concerns. Click here for my PLTR stock update and a look ahead.
Four takeaways from Alex Karp's triumphant Palantir earnings call
Palantir CEO Alex Karp said the company's other executives have helped take some of the spotlight off of him — and his noted ...
Palantir shares surge to record as AI boom powers forecast raise
Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third ...
Palantir Blasted to a New All-Time High Today. Is the Stock Still a Buy?
After a jump of that magnitude, some investors may wonder if it's simply too late to buy the stock.
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Midday stock movers: Palantir, Boeing, Trump Media
The Russell 2000 Index rose 1.1%. Five S&P 500 stocks making big midday moves are: The worst-performing five S&P 500 stocks ...
Palantir is now the No. 2 stock performer in the S&P 500 this year
Palantir Technologies Inc.'s stock is now the second-best performer in the S&P 500 for 2024, with its fervent recent rally ...
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Palantir's record earnings juice the stock market's AI trade ahead of the election
Wall Street is waiting for the outcome of the US election and will quickly shift gears to the Fed's next policy meeting on ...
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Palantir CEO says the company 'eviscerated' sales so hard execs have stopped talking about how 'crazy' he is
Palantir CEO Alex Karp took a victory lap on Monday as the company reported big third-quarter earnings. The secretive data ...
Palantir's AI Gamble Pays Off As Customer Revenue From Single Customer Jumps 12x In Under 8 Months — Alex Karp Quips: 'We Should Just Go Home'
Palantir Technologies Inc (NYSE:PLTR) reported a dramatic expansion in customer spending, with one equipment rental company increasing its annual recurring revenue twelvefold in less than eight months ...
Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge
Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from ...
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Palantir CEO swipes at critics who called him ‘batshit crazy’ as earning results are so strong he says ‘we should just go home’
But he claims that his company’s recent success is enough to sway his critics. "Instead of going into every meeting saying, ...