Palantir Technologies (PLTR) delivered third-quarter earnings that came in well ahead of analysts' expectations, sending shares higher in extended trading Monday.
Brent Thill, Jefferies analyst, joins 'Closing Bell Overtime' to talk Palantir Q3 earnings.
Adam Kobeissi, The Kobeissi Letter editor-in-chief, joins 'Closing Bell Overtime' to talk Palantir earnings.
Palantir (PLTR) proves itself as a name to watch in the A.I. game. The data analytics company reported a strong earnings beat and raised its guidance for FY2024.
Palantir boosted its full-year revenue view, surpassing Wall Street's expectations. The company recently gained entry into the S&P 500 stock index.
Palantir Technologies Inc (NYSE:PLTR) reported a strong third quarter, beating analyst estimates and raising its full-year outlook as demand for its AI solutions surged in the United States. Revenue rose 30% year-over-year to $725.5 million, surpassing Wall Street's $703.7 million estimate.
Palantir's CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”
Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology.
Mutual funds have loaded up on Palantir Technologies as well as more defensive names including Walmart and a uniform rental stock. The post Funds Gobble Up Palantir Ahead Of Earnings; Deckers Shares Also See Demand appeared first on Investor's Business Daily.
If the stock stays above 40 at expiry, the sold put option expires worthless. The post Palantir Stock Today: This Cash-Secured Put Ahead Of Earnings Produces $185 Immediately appeared first on Investor's Business Daily.
Palantir (PLTR) reports earnings after the closing bell. Joe Tigay believes the company's breakout potential can send its stock to new highs.
Cathie Wood is trimming its stake in Palantir. Woods' Ark Invest offloaded 227,699 shares valued at $9.46 million just days before the company's third quarter earnings report.