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 and AI adoption. Despite a high valuation with a P/E near 247x, analysts at 24/7 Wall St. recommend buying Palantir with a 90% confidence level and a 12-month price target of $184.84, implying a 7.38% upside. Risks include high stock-based compensation and potential growth deceleration, but long-term prospects remain positive if AI growth continues.
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...
Investors pulled $700 million from the iShares Expanded Tech-Software Sector ETF (IGV) just hours before Snowflake reported a strong quarter with 37% product revenue growth and an increased full-year forecast, driven partly by AI. Despite Snowflake's...
