Prediction: Palantir Will Beat Wall Street's Earnings and Revenue Expectations on Feb. 3

Palantir Technologies (NASDAQ: PLTR), which provides artificial intelligence (AI)-powered data analytics software platforms, is slated to release its fourth-quarter 2024 report after the market closes on Monday, Feb. 3.Among tech investors, Palantir's upcoming earnings release will be one of the most anticipated of this quarterly earnings season. That's largely because last year the company's stock was the best-performing stock on the S&P 500 index. It gained 341%, versus the index's 25% return. That stunning gain was driven by the company's revving-up performance, thanks in part to the robust adoption of its Artificial Intelligence Platform (AIP).Moreover, there's market buzz that Palantir's business could get an added boost from the incoming Trump administration. Some of this chatter involves the possibility that Palantir could get work from the president's newly created Department of Government Efficiency (DOGE), headed by Elon Musk, Tesla's CEO.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool