Palantir Jumps 11% on Strong Q2 Earnings Fueled By AI Demand: Why It’s Not Quite Time to Buy PLTR

By |2024-08-06T17:48:47+00:00August 6th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

Shares of Palantir Technologies (PLTR) are up more than 11% Tuesday on the heels of an impressive second-quarter performance. The company shoved it to the naysayers with 27% growth in revenue amidst “relentless AI demand”. Adjusted earnings per share came in just above analyst expectations at $0.09 compared to $0.08. Net income of $134 [...]