Palantir won a U.S. Army contract to produce eight next-gen AI targeting systems, moving the TITAN program from prototype to production. Despite this defense win, Palantir's stock fell 7% due to its classification as a high-multiple software company rather than a defense contractor, causing it to trade alongside software stocks which are currently under pressure. The contract's financial details were not disclosed, leaving investors to weigh uncertain near-term revenue against broader sector selloffs. Palantir's next earnings report is due November 2, with the stock's short-term movement likely tied to software sector trends rather than defense fundamentals.
Super Micro Computer's stock surged over 30% in August following strong Q4 fiscal results showing 93% revenue growth and a significant margin improvement. Despite CEO Charles Liang's positive outlook and a $60 billion order backlog, Jim Cramer remain...
Former Ukrainian Defense Minister Mykhailo Fedorov is starting a defense technology company backed by Palantir CEO Alex Karp, who will be the lead investor. The startup aims to convert Ukraine's wartime tech experience into products for Ukraine and i...
Palantir Technologies is seeing rapid growth in its US commercial segment, with revenue up 149% year-over-year to $764 million. This segment is now the main driver of the company's expansion, prompting an increase in its 2026 revenue forecast to $3.4...
Palantir and Intel both reported strong Q2 2026 earnings but operate in different segments of the AI market. Palantir excels in AI software with high margins and rapid revenue growth, while Intel focuses on capital-heavy chip manufacturing and foundr...
In August, stocks that had been hit by bearish fears, especially in enterprise software, staged a strong comeback. Companies like Moderna surged after positive vaccine news, while Palantir, Veeva, Salesforce, and ServiceNow recovered as concerns abou...
