Dow Jones Futures Fall: AI Stock Palantir Plunges On Earnings; Apple 'Let Loose' Event Next [Yahoo! Finance]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Yahoo! Finance
Advertisement Advertisement Advertisement Advertisement Advertisement Recommended Stories PLTR earnings call for the period ending March 31, 2024. Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial intelligence tools in particular with U.S. commercial customers. Palantir shares, which rallied 8.1% in Monday's regular session, was off about 4 % in after-hours trading. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company's guidance range of $612 million to $616 million and Wall Street's consensus of $615 million as tracked by FactSet. The company is leaning on its long history of chip development in the effort, code-named Project ACDC. The company is in the midst of a multi-year plan to pivot away from its reputation as solely a furniture liquidator. Amazon has deepene
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News
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- Bridgewater Associates boosts stake in AI heavyweight [Yahoo! Finance]Yahoo! Finance
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- Palantir Is Seeing Unprecedented Artificial Intelligence (AI) Demand. Why Is the Stock Down? [Yahoo! Finance]Yahoo! Finance
- Is It Too Late to Buy Palantir Stock? [Yahoo! Finance]Yahoo! Finance
PLTR
Earnings
- 5/6/24 - Beat
PLTR
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 144
- 5/9/24 - Form 144
- PLTR's page on the SEC website