Palantir Meets Analysts’ Expectations in Q2 2023 Results, PLTR Shares Up 2.67%
Palantir Technologies announced a 13 percent increase in Q2 2023 revenue to $533 million and also reported its third consecutive quarter of GAAP profitability.
Palantir (PLTR) Stock Price Shoots 11% as Company Taps into AI Craze
Market analysts praised Palantir for their efforts in building an unprecedented AI fortress with the CEO calling for increased collaboration between the tech sector and the government.
Palantir Technologies Sells Off 100-Ounce Gold Bars Acquired in August 2021
Palantir also revealed that it closed the quarter with $1.62 billion in US Treasury securities.
Q4 2022: Palantir Reports Its First Profitable Quarter, PLTR Stock Shoots Over 16%
Palantir CEO shared the guidance for 2023 as the company looks to clock a revenue between $2.18 billion and $2.23 billion making 2023 the first profitable fiscal year for the company.
Palantir (PLTR) Shares Decline as Company Announces Q3 2022 Earnings
Apart from its US business, Palantir is also confident that its abroad markets are performing well.
PLTR Stock Losses 14% as Palantir Misses Earnings per Share Estimate in Q2 2022
Following the Q2 2022 performance, Palantir expects revenue for the current quarter to be between $474 million and $475 million.
PLTR Shares Up 6.5% in Pre-Market after Palantir Inks Major Contract with US Army
Besides the CD-2 program, Palantir is also working with the army on its Capability Drop 1 (CD-1) program, and the Tactical Intelligence Targeting Access Node (TITAN) programs.
Palantir Buys Nearly $51 Million in Gold Bars to Hedge Against ‘Black Swan Events’
By
Darya Rudz
As Palantir COO Shyam Sankar explained, such a heavy investment in gold is a hedge against ‘black swan events’.
Palantir (PLTR) Stock Up 6% after Announcing New Partnership Deal with IBM
By
John K. Kumi
Palantir stock price is moving higher these days being boosted by the announcement about the company’s new partnership.
Virgin Galactic, Palantir, Kodak, Genius Brands Stocks on Verge of GameStop Experience
It is anticipated as the market opens later today, Virgin Galactic, Palantir, Kodak, Genius Brands stocks will continue with the rally as it is observed with GameStop stocks.
Palantir Stock Up 25% on Friday, Remains One of Best Performing Post-IPO, Is PLTR Overvalued?
Since it made its public debut, the meteoric rise in the shares of Palantir Technologies has sparked a debate in the potential overvalued positioning of the shares.
Airbnb and DoorDash to Increase Valuations with Hiked IPO Prices and Top Range Pricing
The move by Airbnb and Doordash to boost their valuation with hiked share pricing is set to place the US IPO market on a climactic ending for the 2020 calendar year.
Affirm Files for IPO with SEC Following Improving Growth
The move by Affirm to debut on the stock exchange through its recently announced IPO comes as one of the many public listings recorded in 2020.
DoorDash Reports $149M in Losses out of $1.9B Revenue after Releasing S-1 for IPO
By
James Lovett
Despite making revenue, the US leading food delivery app Doordash has also suffered a loss of almost $149 million.
Airbnb to Make Official IPO Filing Next Week amid COVID-19 Surge
Airbnb is going to raising about $3 billion via the IPO and looks to increase its valuation to about $30 billion.