Palantir shares popped more than 8% after the software analytics provider lifted its full-year outlook, benefitting from ongoing AI tailwinds.
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Palantir
stock popped more than 8% Tuesday after the software analytics provider lifted its full-year outlook, boosted by the artificial intelligence wave.
CEO Alex Karp called the earnings results a “once in a generation, truly anomalous quarter” during an earnings call with analysts.
“We’re very proud and we’re sorry that our haters are disappointed, but there are many more quarters to be disappointed, and we’re working on that too,” he added.
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Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to…
Analysts remained overwhelmingly bullish on Palantir, although the company's lofty valuation stood out as a sore spot for some.
Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial…
Palantir surpassed Wall Street's estimates and lifted its full-year outlook
Since going public in 2020, the artificial intelligence software company has swung swiftly to a profit and sales are booming.
