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Tag: Palantir Technologies

Palantir shares rise 21% after rising third-quarter earnings

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Palantir shares rise 21% after rising third-quarter earnings

Alex Karp, CEO of Palantir, at the Senate AI Insight Forum at the US Capitol in Washington, DC on September 13, 2023.photo: Graeme Sloan/Sipa USA (AP) In this story Palantir shares (PLTR+22.41%) rose over 20% on Tuesday morning after the data analytics software platform reported third-quarter earnings and outlook well above Wall Street expectations. Nuclear […]

Palantir results provide litmus test for 140% AI-powered rally

Posted on | Posted on angela | Leave a Comment on Palantir results provide litmus test for 140% AI-powered rally
Palantir results provide litmus test for 140% AI-powered rally

(Bloomberg) — Palantir Technologies Inc.'s premium valuation will be put to the test when the data analytics and software company reports results after the market close on Monday. Most read by Bloomberg The bar is set high after a rapid artificial intelligence-driven rally of more than 140% this year. Wall Street has become increasingly cautious […]