Palantir shares popped more than 8% after the software analytics provider lifted its full-year outlook, benefitting from ongoing AI tailwinds.

Palantir surpassed Wall Street's estimates and lifted its full-year outlook

The data analytics and defence software firm projected revenue in the range of US$4.14 billion to US$4.15 billion for 2025.

Palantir also hiked its full-year guidance given explosive growth in AI.

Palantir shares popped more than 8% after the software analytics provider lifted its full-year outlook, benefitting from ongoing AI tailwinds.

Palantir’s revenues are booming as it develops AI technology for the US military and Ice

Since going public in 2020, the artificial intelligence software company has swung swiftly to a profit and sales are booming.

Palantir’s CEO Alex Karp is competing with Nvidia’s Jensen Huang for who can create the most billionaires on their team.

Palantir’s CEO Alex Karp is competing with Nvidia’s Jensen Huang for who can create the most billionaires on their team.