Why Palantir Stock Was Soaring Today
Shares of Palantir ( PLTR 23.47%) were soaring today after the artificial intelligence (AI)-focused software stock posted better-than-expected results in its third-quarter earnings report last night, as revenue growth accelerated for the fifth quarter in a row. It posted strong margin expansion as well.
After a jump of that magnitude, some investors may wonder if it's simply too late to buy the stock.
Investopedia on MSN12h
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Insider Monkey on MSN1h
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The Motley Fool on MSN18h
Palantir Stock Soars as "Unrelenting" Artificial Intelligence (AI) Demand Drives 43% Earnings Growth and Annual Guidance RaiseThe AI-driven software company, originally focused on the U.S. government market, is briskly expanding its commercial ...
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