Palantir's stock surges nearly 20% as company rides AI wave to upbeat earnings, outlook
The company called out ‘unrelenting’ demand for large-language models.
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The company called out ‘unrelenting’ demand for large-language models.
Palantir shares surge on revenue beat, revised outlook driven by AI growth - SiliconANGLE
Shares of Palantir popped Tuesday after the company released fourth-quarter earnings that surpassed analysts’ expectations for revenue.
Patient investors can always find buying opportunities in the stock market.
Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 28.5% in the morning session after the company reported fourth-quarter results with expectations for revenue growth to accelerate in the next fiscal year, highlighting growing demand for its new artificial intelligence platform (AIP), which was launched in 2023. It is also encouraging to learn that the company has improved the time it takes to deploy AIP and integrate with client's data from "weeks and months to as little as