Strong Q2 earnings, particularly from Palantir and Alphabet, surprise investors as profits surge, with all 11 S&P sectors posting growth.
Investors spent much of the second quarter bracing for an energy shock and fretting over an AI bubble. Corporate earnings have delivered the opposite story so far, with a profit surge running roughly twice as strong as Wall Street expected.
PLTR stock is climbing. See the chart and price action here.
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