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Palantir’s blowout quarter creates dangerous new question
TheStreet7d agoneutral
Palantir’s blowout quarter creates dangerous new question

Palantir Technologies (PLTR) has posted the kind of earnings report that makes a pricey company seem nearly fair. Revenue surged 93% year over year. U.S. commercial sales jumped 149%. Government revenue climbed 90%. Profit margins expanded while growth accelerated, an unusual combination for any ...

Palantir Technologies (PLTR) Lifted Guidance Following A 93% Revenue Jump, Is It Still Undervalued?
Simply Wall St.7d agobullish
Palantir Technologies (PLTR) Lifted Guidance Following A 93% Revenue Jump, Is It Still Undervalued?

Palantir Technologies (PLTR) has just posted a 93% year over year revenue increase in its second quarter, supported by especially strong U.S. commercial demand and higher full year and third quarter guidance. See our latest analysis for Palantir Technologies. Palantir Technologies’ shares jumped 29.45% on a 1 day basis after the Q2 release and the 7 day share price return of 32.24% points to strong short term momentum, even though the year to date share price return is still down 3.10% and...

Veteran analyst rethinks Palantir stock after earnings
TheStreet7d agoneutral
Veteran analyst rethinks Palantir stock after earnings

Palantir stock has struggled for months, but the company may have just given investors some hope again. Shares of Palantir surged 29.45% on Aug. 4, the trading day after Palantir reported second-quarter results that topped Wall Street's expectations. The company posted adjusted earnings of 41 cents ...

Bloomberg8d agoneutral
Tech Melt-Up Drives $3.5 Trillion Nasdaq 100 Gain in Four Days

(Bloomberg) -- A dramatic turnaround in technology stocks has powered a $3.5 trillion increase in the Nasdaq 100’s market capitalization in just four days, driven by strong earnings that have emboldened investors about the AI outlook.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersS