Palantir Technologies Inc
Big Tech’s trillion-dollar market cap club could have a new member in the next few years, Dan Ives says
Palantir is on its way to becoming a trillion-dollar company, according to prominent tech bull Dan Ives. The AI company’s stock has surged more than 140% since the beginning of the year. Earnings beats , lucrative military contracts and the firm’s CEO boasting about “crazy, efficient revolution” in terms of growing revenue while downsizing headcount, […]
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Stocks making the biggest moves midday: Pfizer, Palantir, Coinbase, Staar Surgical and more
Check out some of the companies making the biggest moves midday: Staar Surgical — The implantable eye lens maker ripped 45% higher after agreeing to be bought by Alcon for $28 per share in cash, valuing Staar at about $1.5 billion. The deal is expected to close in the next six to 12 months. DigitalOcean […]
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Palantir stock pops 8% after blowout quarter driven by AI, efficiency demand
Palantir stock popped more than 8% Tuesday after the software analytics provider lifted its full-year outlook, boosted by the artificial intelligence wave. CEO Alex Karp called the earnings results a “once in a generation, truly anomalous quarter” during an earnings call with analysts. “We’re very proud and we’re sorry that our haters are disappointed, but […]
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Stocks making the biggest premarket moves: Pfizer, Eaton, Palantir, Yum and more
Check out the companies making the biggest moves in premarket trading: Palantir Technologies — The defense technology stock jumped 6.8% after quarterly revenue exceeded $1 billion for the first time and it raised full-year guidance. Palantir now anticipates revenue for the year to range between $4.142 billion and $4.150 billion, up from prior guidance of […]
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CNBC Daily Open: Markets appear to have gotten over the July jobs report — unlike Trump
U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump on Monday […]
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CNBC Daily Open: Trump doubles down on criticism of jobs report — but markets bounce back
U.S. President Donald Trump speaks to reporters near Air Force One at the the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump called it “RIGGED” and […]
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S&P 500 futures inch higher after benchmark snaps losing streak, Palantir pops on earnings: Live updates
Traders work at the New York Stock Exchange on July 30, 2025. NYSE Stock futures were slightly higher on Monday night, following Wall Street’s rebound, as investors followed the latest batch of corporate earnings. Dow Jones Industrial Average futures added 54 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each also added 0.1%. […]
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Stocks making the biggest moves after hours: Palantir, Hims & Hers Health, Vertex Pharmaceuticals and more
Check out the companies making headlines in extended trading. Palantir — The defense technology stock advanced 4% after second-quarter earnings exceeded Wall Street’s expectations. Palantir said it reported adjusted earnings of 16 cents per share on $1.00 billion in revenue, while analysts polled by LSEG anticipated 14 cents per share and $940 million, respectively. Vertex […]
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Palantir tops $1 billion in revenue for the first time, boosts guidance
Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Shares rallied more than 5%. Here’s how the company did versus LSEG estimates: Earnings per share: 16 cents adj. vs. 14 cents expected Revenue: $1.00 billion vs. $940 million expected The artificial intelligence software […]
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Palantir lands $10 billion Army software and data contract
Alex Karp, CEO of Palantir, attending the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 9, 2025. David A. Grogan | CNBC Palantir has inked a contract with the U.S. Army worth up to $10 billion to meet growing warfare demands over the next decade. As part of the […]
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