‘This quarter was otherworldly’: Palantir earnings surge past expectations

Shares soar as yearly revenue up 93%, even as opposition grows to company’s role in Trump immigration agenda In a sea of companies reporting mixed financial results this quarter, Palantir stands out. Although Palantir was not immune to the AI jitters that caused industry-wide drops in share prices earlier this year, the AI and analytics company reported that its overall revenue grew 93% year over year to $1.94bn. That’s well over the $1.8bn Wall Street expected Palantir to bring in for the second quarter. The glowing financials sparked a 10% surge in share prices in the immediate aftermath. De