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Why Palantir Stock Soared 21.2% This Week

Palantir just smashed through the 1billionrevenuemarkforthefirsttime.Canitssuccesscontinue?SharesofPalantir(PLTR2.531 billion revenue mark for the first time. Can its success continue?Shares of Palantir (PLTR 2.53%) spiked this week, finishing up 21.2% from last Friday's close. The jump comes as the S&P 500 gained 2.4% and the Nasdaq-100 rose 3.7%. Palantir reported huge earnings earlier this week, beating Wall Street's already high expectations for the artificial intelligence (AI) juggernaut.Palantir brought in 1 billionIt was another massive quarter for the AI darling. Palantir's sec ...