Palantir reported a 93% increase in Q2 revenue, with U.S. commercial revenue soaring 149%. The company's U.S. commercial total contract value (TCV) rose 153% to $2.13 billion, indicating robust demand. A new partnership with Nebius aims to accelerate sovereign AI deployments without heavy capital costs, though it may introduce margin uncertainties. Financial services are emerging as a promising growth area as more U.S. commercial clients expand their use of Palantir's platform.
Palantir's stock rose about 28.8% from July to now, driven by a 93% year-over-year revenue increase to $1.94 billion in Q2 2026 and strong profitability. The company expanded its AI offerings through new partnerships with Nebius and PwC, alongside de...
Michael Burry, famed for predicting the 2008 crash, has updated his portfolio with Lululemon Athletica as his largest holding, making up about 17% of his investments. Despite this confidence, Lululemon's stock dropped 12% after disappointing quarterl...
Palantir continues to outperform Wall Street with nine consecutive quarters of earnings beats and a 92.83% revenue growth in Q2 FY2026. The company raised its full-year revenue guidance to over $8.15 billion, driven by strong U.S. commercial growth a...
Palantir Technologies named Nebius Group its preferred sovereign AI infrastructure partner, integrating Nebius' GPU cloud with Palantir's AI software for data sovereignty. Nebius stock rose 6%, reflecting market optimism on its infrastructure role, w...
Palantir's stock price has soared on strong AI-driven growth, but its business model leans more toward high-touch consulting than scalable software, raising valuation concerns. Despite impressive revenue growth and earnings beats, the company's relia...
