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Palantir shares rocket 22% after company posts strong earnings and outlook - TL;DR CNBC

Palantir shares rocket 22% after company posts strong earnings and outlook

Publishing timestamp: 2025-02-03 21:09:04


Summary

Palantir reported better-than-expected earnings and profit for the fourth quarter, leading to a surge in shares. The company's revenue and guidance exceeded Wall Street's estimates, with CEO Alex Karp attributing growth to the use of artificial intelligence. Palantir's stock had a historic rally in 2024 and the company is poised to lead the transformation of American companies.


Sentiment: POSITIVE

Tickers: PLTR

Keywords: breaking newsbusiness newsearningsbreaking news: technologypalantir technologies inctechnology

Source: https://www.cnbc.com/2025/02/03/palantir-pltr-q4-earnings-2024.html


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