Palantir is trading at $169.69, up 8.48%, as investors continue rewarding its August 3 earnings, which exceeded estimates for revenue and adjusted EPS.
- Q2 revenue reached $1.94 billion, up 93% year over year
- U.S. commercial revenue surged 149% year over year to $764 million
- Full-year revenue guidance was raised substantially; software sector strength provided additional support