Palantir Boosts Its Outlook for 3rd Straight Quarter as AI Demand Drives Record Revenue
Amid some worries on Wall Street that the strong rally in Palantir shares this year has left the stock overvalued, the company's strong quarterly results could help boost sentiment around the stock and its trajectory. Close Key Takeaways Palantir posted record quarterly results that blew past analysts' estimates and raised its full-year revenue outlook for the third straight quarter. The AI software company reported adjusted earnings per share of $0.21 cents on revenue that jumped 63% year-over-year to a re ...