Palantir announces $1 billion buyback program as earnings meet expectations
Palantir matched expectations with its latest quarterly results Monday while announcing a new $1 billion buyback authorization.
Stay updated with breaking news from Knowledge Management Software. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Palantir matched expectations with its latest quarterly results Monday while announcing a new $1 billion buyback authorization.
The repurchase program is the data-analytics software company's first since the stock began trading in 2020.
Earnings season rolls along this week, with reports also due from Paramount, Eli Lilly, Wynn Resorts, and many more. And look out for crucial inflation...
Palantir's stock has been among the biggest riders of the artificial-intelligence wave this year, and its earnings are on deck.
Less than a year after Chat-GPT's release, a problem is snowballing in the background.