Palantir reported a strong second quarter with revenue up 93% year-over-year to $1.94 billion, beating estimates. Its U.S. commercial revenue surged 149%, driving significant growth beyond its traditional government contracts. The company raised its full-year revenue guidance to about $8.15 billion, signaling confidence in continued expansion, especially in AI software. Despite a 29% share drop this year, the positive earnings and outlook boosted shares 8% after hours.
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...
Palantir has been upgraded to a 'Buy' rating due to its unique AI architecture and meta-compute layer, which create a strong competitive advantage in enterprise and government AI markets. The company's value-based pricing benefits from AI compute cos...
OpenAI has hired Jessica Schumer, daughter of Senate Minority Leader Chuck Schumer, to manage government relations and partnerships in Northeastern states. Jessica Schumer brings extensive experience from Amazon and the Obama administration, strength...
