Palantir Technologies Inc Stock News

Palantir's strong revenue growth, particularly in the US government and commercial segments, supports the scalable AI solution thesis, with 2024 guidance slightly above estimates. The company's AI applications demonstrate real-world utility, reducing manpower and processing times significantly, which enhances decision-making and operational efficiency. Despite the impressive performance, Palant...

Why Is Everyone Talking About Palantir Stock?

Palantir just tapped Amazon to help bring artificial intelligence (AI) tools to the U.S. military.

CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let's remember this list of frothy stocks and think of them the next time you're about to ignore a stock for being too speculative," he said.

Palantir's profits are growing at a faster rate than revenue.

Palantir's Q3 earnings report highlighted its differentiating business model with superb scalability and profitability. Investors are willing to pay 158x FWD P/E for such a business model. Palantir's free cash flow significantly exceeds its accounting EPS, suggesting its true earnings power is underestimated.

Shares of AI darling Palantir (NASDAQ:PLTR) went parabolic following the release of some exceptional quarterly earnings results.

The election of Donald Trump has boosted interest in law enforcement technology.