Palantir Stock Jumps as Earnings Beat and Outlook Shines. CEO Sees ‘Unwavering Demand’ for AI.

Palantir Stock Jumps as Earnings Beat and Outlook Shines. CEO Sees ‘Unwavering Demand’ for AI. · Barrons.com

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Palantir Technologies stock was climbing after the software company posted better-than-expected third-quarter financials and increased its guidance for the year. Palantir reported third-quarter adjusted earnings of 10 cents a share on revenue of $725.5 million. Analysts surveyed by FactSet were expecting earnings of 9 cents a share on revenue of $705 million.