Why Palantir Stock Is Skyrocketing Today

Shares of Palantir (NASDAQ: PLTR) are flying on Tuesday, up 8.7% as of 10:05 a.m. ET. The jump comes as the S&P 500 gained 0.1% and the Nasdaq Composite rose 0.3%.Palantir reported another blowout quarter, handily beating Wall Street's already high expectations for the artificial intelligence (AI) powerhouse.Palantir's Q2 earnings showed the company is continuing to fire on all cylinders and delivered, for the first time ever, sales of over $1 billion. The company reported adjusted earnings per share (EPS) of $0.16 on $1 billion in sales versus the consensus $0.14 per share on $940 million in sales.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool