NasdaqGS:PLTRSoftware
Palantir (PLTR) Stock Reprices As Profitability Catches Up With AI Demand
Palantir Technologies just delivered the kind of quarter that forces investors to rethink the story. The stock closed at US$162.66 after a 29.45% surge in a single session, yet the real jolt sits in the income statement. Q2 revenue reached US$1.94b and basic earnings per share came in at US$0.44, powered by what management highlighted as strong U.S. commercial and government demand for its software and artificial intelligence platforms.
Heading into this report, Palantir was already priced as...