Elon Musk’s net worth surpassed $800 billion after SpaceX shares surged 11.7% to a three-week high, driven by strong quarterly revenue of $7.8 billion and reduced net losses. Despite increased spending, particularly on AI, SpaceX beat Wall Street estimates and expects revenue to exceed $1 trillion by 2029. This rebound follows a recent dip below $700 billion tied to a drop in SpaceX stock. The tech rally also lifted shares of Palantir, Cloudflare, and Microchip amid a weak jobs report.
Palantir Technologies showed impressive revenue growth of over 90% year-over-year in Q2 2026, driven by strong demand in enterprise AI. A $5,000 investment in Palantir today could be worth about $6,181 in five years under the base case scenario, refl...
Palantir CEO Alex Karp urged for reasonable and enforceable guidelines on artificial intelligence regulation, emphasizing that creators of harmful AI technology should be held civilly and criminally liable. His comments come amid ongoing debates amon...
Palantir reported exceptional Q2 2026 results with 93% revenue growth and raised its full-year revenue guidance, yet its stock price has remained mostly flat over the past year. The company’s valuation is high, trading at a P/E of 244x, reflecting ex...
Palantir is enhancing its role as the key orchestrator connecting AI compute, models, enterprise data, and workflows through partnerships with Nvidia and Nebius. Nvidia's deployment of over 1.3 million components per rack could serve as a reusable re...
Palantir Technologies won a $127 million production contract from the U.S. Army's TITAN program, signaling strong government confidence and supporting multi-year revenue visibility. Despite some margin pressure from increased delivery work, Palantir'...
