Palantir turned in another terrific quarter, with huge U.S. commercial revenue growth.
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Palantir barely moved over the past year, yet the leveraged ETF built to amplify its gains somehow lost a third of its value. The math behind that gap is stranger and more punishing than most investors expect.
Cathie Wood’s ARK Invest sold 39,233 Palantir shares across ARKK and ARKF, worth $6.38 million at Tuesday’s close.
Palantir’s tech is “differentiated and hard to reproduce with frontier model solutions or cloud platforms today,” Morningstar said.
Asian equities climbed again Wednesday, tracking another record on Wall Street, as tech firms continued to enjoy a revival after a month-long rout, with confidence also boosted by the prospect of an imminent deal to reopen the Strait of Hormuz.Crude tumbled more than five percent Tuesday -- and are down more than 10 percent this week -- after US Treasury Secretary Scott Bessent said a deal could be reached imminently with Tehran on re-opening the Strait of Hormuz to shipping traffic.
Palantir's 30% stock surge wiped out $3 billion in short seller gains after a strong earnings beat and raised guidance.
Notable earnings came from Palantir (PLTR), which took some air out of the short seller’s narrative that AI is going to replace all software stocks. For a while, that worry hurt Microsoft (MSFT). But between Microsoft's recent beat from monetizing OpenAI and Palantir's phenomenal beat following two ...
Investors typically gravitate toward several market strategies, including income, growth, or value, but each style caters to different investor profiles.
REVIEW PREVIEW NEWSLETTER Good Vibes and Blue Skies. Summer heat and humidity may be setting in, but markets are showing no signs of wilting. The gains keep piling up in the first few days of the August as strong earnings, hopes of a sustained ceasefire in the Middle East and a renewed optimism in AI drove major indices higher on Tuesday.
↗️ Palantir Technologies (PLTR): Shares in the software company jumped, closing up 29% after it reported strong earnings on Monday after the close. The stock recorded its largest one-day percentage gain since Feb.
President Donald Trump discussed efforts to de-escalate US-Iran tensions with Qatari Emir Tamim bin Hamad Al Thani.
Korean memory-chip manufacturer SK Hynix late last month booked roughly $65 billion in profit for the quarter ended June 30, a 13-fold increase from last year. Hynix earned almost as much money in 90 days as it had in the prior 29 years since its IPO, total. The reports, though outstanding on basically every measure, still fell short of Wall Street’s sky-high expectations for chip companies.
Palantir Technologies stock wiped out entire year-to-date profits for short sellers following strong earnings and elevated full-year forecasts, S3 data showed.
Palantir Technologies Inc. (NASDAQ:PLTR) soared by 29.45 percent on Tuesday to close at $162.66 apiece, after reporting a stellar earnings performance that exceeded analyst expectations and posting a highly optimistic outlook that signaled its AI-driven software platforms remain strong. In an updated report, the company said that its net income attributable to shareholders in the […]
Palantir Stock Breaks Higher After Earnings Beat and Raised Forecast
Stocks notched new record highs on Tuesday as oil prices dipped and companies reported healthy profits.

<body><p>STORY: "We're not probably completely past all the fears, but you've had a couple of companies that really line up and indicate that spending is is real and happening, and we're getting there," Haworth said.</p><p>He added that results from Palantir and Caterpillar, along with a recovery in semiconductor stocks, have reinforced investor's confidence that spending on AI and related infrastructure is continuing.</p><p>He said more earnings reports will be needed to determine whether concerns have fully subsided, adding that healthcare will be an important sector to watch as an early user and potential beneficiary of artificial intelligence.</p></body>
US equity indexes ended higher Tuesday amid gains in technology stocks following recent earnings rep
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.
The quarter was extraordinary, and the guidance got even better. But look at what the new price pays for each dollar of sales.
Last month, Satya Nadella sounded the alarm for corporate America by questioning the true cost of enterprise AI. The Microsoft (MSFT) CEO argued that businesses are essentially paying twice for using AI services: once for the intelligence and again for the proprietary knowledge they must give ...
Take your pick between the prospect of a U.S.-Iran peace deal, strong earnings, and a reignited AI trade as reasons the market is on the rise. The Nasdaq Composite was up 2.6%. The Trump administration has been vocal about talks it says are ongoing with Iran.