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  • Wed. Nov 6th, 2024
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    Tag: Ryan Taylor

    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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