Palantir Technologies is trading 24.3% up at $83,300 after delivering a blockbuster second-quarter earnings beat and raising its full-year guidance.
- The company reported adjusted EPS of $0.41 on revenue of $1.94 billion, significantly exceeding Wall Street expectations.
- Growth was driven by a 149% year-over-year surge in U.S. commercial revenue, fueled by strong demand for AI-driven platforms and a robust post-earnings rally.