Palantir jumps 20% on 'otherworldly' commercial revenue — here's what's driving the demand

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.

Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.

The drugmaker posted adjusted earnings of 77 cents per share and now expects full-year revenue of $60.5 billion to $62.5 billion

Chief Executive Officer Alex Karp said U.S. commercial sales in the second quarter rose 149% from a year earlier to $764 million, well above the average analyst estimate.

Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics  Reuters

Palantir Shares Jump on ‘Otherworldly’ Sales, Improved Forecast  wsj.com

Revenue surged 93% year over year as U.S. commercial sales climbed 149%, prompting Palantir to lift its full-year outlook above Wall Street expectations.

Tech company posts second-quarter results with US sales climbing 23%

Aug 3 : Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients.Shares of the company rose 8 per cent in extending trading.Palantir now expects annual revenue between $8.150 billion and $8.158 billion, up fr