Palantir Stock Drops 9% Despite a Stellar Earnings Report Featuring 71% U.S. Commercial Revenue Growth
As for the report's other key metrics, Palantir's first-quarter revenue breezed by Wall Street's expectation. The company's second-quarter revenue guidance came in notably higher than analysts had expected, and it significantly raised its full-year 2025 guidance for many metrics. U.S. enterprise demand is voracious for the company's artificial intelligence (AI)-powered software platforms. Palantir Technologies (PLTR -0.27%) stock dropped 9.3% in after-hours trading on Monday following the artificial intelli ...