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Investing.com -- Strong second-quarter earnings from major U.S. companies have pushed stock indexes to fresh highs and eased concerns that the rally relies too heavily on a small group of artificial intelligence companies, the Wall Street Journal reported.
Nonfarm payrolls fell 23,000 last month, following substantial downward revisions to the prior two months, Bureau of Labor Statistics data showed on Friday.
Post-earnings momentum accelerated today as analyst enthusiasm fueled a 10% rally, signaling investor confidence in commercial AI demand, today, Aug. 7, 2026.
Wall Street Sees More Room to Run for Palantir After 9% Rally
The S&P 500 and Dow Jones hit highs while the Nasdaq raced above key levels as oil prices and yields fell. Palantir, Cloudflare and SpaceX were big movers amid earings.
Stock Market Today: The Dow Jones index rises Friday ahead of a pivotal July jobs report. AI name Cloudflare stock soars on earnings.
Aug 7 (Reuters) - Global equity funds recorded inflows for an 11th consecutive week, as optimism about a strong earnings season and cooling crude oil prices boosted investors' appetite for risk assets
Despite a dip in total revenue, USA Today Co Inc (TDAY) posts its second consecutive profitable quarter, fueled by surging digital subscription ARPU and a transformative Palantir partnership.
Palantir's Q2 may have finally justified its lofty premium.
Palantir's government and commercial businesses accelerated as quarterly revenue increased 93% and exceeded expectations.
The analytics company posted 93% revenue growth last quarter, which was an acceleration from the previous period.
President Donald Trump discussed efforts to de-escalate US-Iran tensions with Qatari Emir Tamim bin Hamad Al Thani.
Palantir just posted its biggest single-day earnings surge ever, and CEO Alex Karp spent the moment torching the frontier AI labs instead of celebrating. Here is why the market finally believes him.
Palantir Technologies jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as "otherworldly." Bloomberg's Mandeep Singh joins to discuss this as well as how Anthropic has struck a deal for computing capacity from Volta Infra Holdings Ltd., a months-old infrastructure startup, to keep pace with demand for its products.
Palantir's (PLTR) second quarter earnings results beat Wall Street's estimates. Morning Brief host Julie Hyman chats with Business Insider executive editor Dan DeFrancesco and Yahoo Finance Breaking Business News Reporter Jake Conley about the results and the valuation.
Palantir Technologies Inc (NYSE:PLTR) shares jumped 20% to about $152 in early trade on Tuesday the company reported second quarter 2026 results that exceeded Wall Street expectations for both earnings and revenue. The company reported adjusted earnings per share of $0.41, compared with the...
Palantir's AI Growth Is Accelerating. Wall Street Just Raised Its Price Target
Palantir Technologies (NASDAQ:PLTR) shares surged 16. 1% in pre-market trading after the artificial intelligence and data analytics company reported record second-quarter 2026 results that comfortably surpassed Wall Street expectations.
Alex Karp accused AI firms of hoarding customer data to “addict” clients to their models while touting Palantir’s software layer.
On Monday, Palantir Technologies, Inc. (NASDAQ:PLTR) shares surged nearly 15% in after-hours trading as Wall Street commentators praised the AI software company’s blowout second-quarter results and raised outlook. Jim Cramer, Analysts React to Palantir’s Blowout Quarter CNBC’s Jim Cramer took to X and reacted to Palantir’s post-earnings rally on X, saying buyers were "walking up Palantir like the old days," before asking, "But are the old days still viable?" After market buyers walking up Palant
U.S. futures climbed higher on growing optimism stoked by standout earnings from top American companies, looking past geopolitical uncertainty.
Palantir’s AI software business delivered a blockbuster quarter, with revenue soaring 93% and shares jumping 14% after hours.
The technology company now expects at least $8.15 billion in full-year revenue; ‘demand for AI sovereignty has now been unleashed.”
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