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    Tag: Palantir

    Palantir stock is soaring – while analysts are calling for a decline
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    Palantir stock is soaring – while analysts are calling for a decline

    Palantir stock is booming after recent results beat Street expectations. Analysts fear the company may be overvalued, with many sticking with their Sell or equivalent rating despite a strong quarter. Deutsche Bank said the company benefits from “a more established retail investor base compared to anything else we cover.” Palantir Technologies (PLTR) shares jumped on […]

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    Why Palantir Stock Soared Today
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    Why Palantir Stock Soared Today

    Shares of Palantir (NYSE:PLTR) rose higher today after the artificial intelligence (AI)-focused software stock posted better-than-expected results in its third-quarter earnings report last night as revenue growth accelerated for the fifth consecutive quarter. It also saw strong margin expansion. As of 10:02 a.m. ET, the stock was up 20.3% on the news. Start your morning […]

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    Palantir stock is rising as revenue from the Defense Department's spending powers increases
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    Palantir stock is rising as revenue from the Defense Department's spending powers increases

    Shares of Palantir (PLTR) rose more than 20% early Tuesday after third-quarter earnings beat expectations, driven by better-than-expected U.S. government spending on its AI technology. Global government spending on Palantir products, primarily in the U.S., rose 40% year over year to $408 million in the third quarter and accounted for 56% of the company's total […]

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