Monday, May 5, 2025, 4:20 pm
Palantir has upped its annual guidance amid claims of a “tectonic shift” in AI adoption. CEO Alex Karp’s recent shareholder letter, filled with vivid commentary, reinforces a bullish outlook despite mixed industry sentiment, adding a splash of colorful bravado to the financial update.
The company now expects revenue to be between US$3.89 billion and US$3.90 billion.
Palantir (PLTR) Calls AI Demand ‘Ravenous,’ Boosts Revenue Guidance Bloomberg.com
Shares of Palantir Technologies Inc. fell more than 8% in after-hours trading today, despite the big data analytics company beating expectations on revenue and guidance, as investors may have been anticipating even stronger results. For its fiscal 2025 first quarter ended March 31, Palantir…
Palantir boosted its guidance for the year on Monday, as net income in the latest quarter more than doubled.
Palantir CEO Alex Karp offered up another batch of colorful commentary to investors as the company posted another strong quarter.
permalink / 5 stories from sources in 46 hours ago #stockmarket #earnings #technology #business #palantir
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