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Palantir Surges 30% as CEO Slams Rival AI Labs
24/7 Wall St.45d agobullish
Palantir Surges 30% as CEO Slams Rival AI Labs

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 Jumps After 'Otherworldly' Demand Lifts Outlook
Bloomberg46d agobullishVIDEO
Palantir Jumps After 'Otherworldly' Demand Lifts Outlook

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.