Companies like Palantir Technologies Inc. are the biggest beneficiaries of the increased demand for artificial intelligence solutions across both commercial and government sectors. The software company recorded a significant 23% rise in its stock price,

Palantir bet on software that allows companies to deploy large-language models in a practical sense, and management says that’s paying off big time.

Palantir Technologies stock was soaring after the company posted a big beat with its fourth-quarter results on Monday afternoon. Earnings per share were up annually by 75% to 14 cents, compared with Wall Street’s consensus estimate for 11 cents,

Palantir Technologies Inc. saw its shares jump as much as 22% in extended trading on Monday after the company reported fourth-quarter earnings and revenue that surpassed analysts’ expectations. Thestrong results,

A woman walking past the Palantir Technologies logo during the World Economic Forum (WEF) annual meeting in Davos, Switzerland on January 19, 2023. Shares of software platform company Palantir (PLTR) soared close to 27% during Tuesday morning trading.

Palantir Technologies Inc. (NASDAQ: PLTR) stock cracked the $100 mark as it surged over 22% in after-hours trading. The catalyst was an earnings report that can only be classified as a blockbuster. The Palantir retail investing community is loud and active.