Palantir Stock Surges After Q2 Revenue Grows 93% on AI Demand
Palantir shares surged up to 16% in premarket trading on Tuesday, after the enterprise software giant reported second-quarter revenue grew 93% year-over-year to $1.94 billion. Co-founder and CEO Alex Karp attributed the blowout results to soaring demand for sovereign artificial intelligence tools. Palantir delivered one of its strongest financial performances to date in the quarter … Read more