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 news, business news, earnings, breaking news: technology, palantir technologies inc, technology,
Source: https://www.cnbc.com/2025/02/03/palantir-pltr-q4-earnings-2024.html