The Latest Breaking News from PLTR

Palantir Technologies Inc (NASDAQ:PLTR) reported financial results for the second quarter after the market close on Monday. Here’s a look at the key details from the AI software company’s report.

This article explores what it would take for Palantir to climb from its current top-21 market cap status to become the number‑one company.

Palantir Technologies Inc. (NASDAQ:PLTR) secured a major victory with the U.S. Army’s new Enterprise Agreement that establishes a comprehensive framework for the Army’s future software and data needs. The 10-year contract, valued at up to $10 billion, represents the maximum potential value rather than guaranteed obligations.

Palantir stock has surged to new highs on the back of AI-driven optimism and government contracts, but its sky-high valuation poses a tough question for new investors.

Even though Palantir Technologies has significantly outperformed the broader market over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.

Could Palantir’s AI run, coupled with soaring federal contracts, really carry the stock to Piper Sandler’s target? Or will valuation risks catch up?

Palantir has shown a clear trend of accelerating revenue growth and improving profitability, setting the stage for potentially strong Q2 results.

Palantir stock fell on Monday amid a report the government is evaluating Microsoft's artificial intelligence models. Shares rose Tuesday.

Palantir is emerging as the AI backbone of U.S. defense, with key contracts and real-world deployments driving growth ahead of earnings

A newly finalized trade agreement between the U.S. and the European Union is poised to significantly benefit U.S.-based LNG exporters, the Magnificent 7 technology giants, and the broader tech sector, according to market experts.

On Monday, Cathie Wood-led Ark Invest made significant trades, including a notable purchase of Bitmine Immersion Technologies Inc. (BMNR) shares. The investment firm also increased its holdings in Alphabet Inc. (NASDAQ:GOOG) and NVIDIA Corp (NASDAQ:NVDA), while reducing its stake in Robinhood Markets Inc. (NASDAQ:HOOD) and Palantir Technologies Inc (NASDAQ:PLTR).