Palantir CEO Alex Karp in an interview with Nikkei called on Japan and the United States to speed up cooperation on artificial intelligence in defense, saying the two countries should develop an AI-powered targeting system together.
Karp said Japan could provide hardware while US companies...
Palantir Technologies Inc. shares declined on Wednesday by more than 10% amid heightened concerns about the potential impact of defense spending cuts on the company.Defense stocks were affected by reports about United States Secretary of Defense Pete Hegseth instructing the Pentagon to...
Palantir Technologies Inc. shares kept surging to a record high on Tuesday following strong fourth-quarter results. The company reported a 36% annual revenue increase to $828 million, surpassing forecasts, with net income rising 10% to $79 million and EPS at $0.03.The firm mentioned US revenue led...
Palantir Technologies Inc.'s stock soared by 20% during Tuesday's premarket after its fourth-quarter revenue of $828 million topped market expectations.The company's shares skyrocketed by 20.42% at 7:01 am ET to sell for $100.84.
Shares of Palantir Technologies Inc. rose by 15% in after-hours trading on Monday after the company released better-than-expected financial results for the fourth quarter of fiscal 2024.Namely, the software company revealed that its fourth-quarter revenue soared by 36% year-over-year to reach $828...
Palantir Technologies Inc. revealed on Monday its revenue in the fourth quarter of the fiscal year 2024 saw an annual increase of 36% to reach $828 million, surpassing analyst's forecasts. The company's net income jumped by 10% compared to the same period in 2023 to hit $79 million. Meanwhile,...
This week's earnings cycle brings together some of the biggest players across tech, automotive, finance, and pharmaceutical sectors facing groundbreaking challenges set out by United States President Donald Trump's economic shift, as well as China upping the AI race stakes. Tech is...
MicroStrategy shares rose 5% in premarket trading on Monday following news that the company will join the Nasdaq 100 index. Other Nasdaq 100 additions include Palantir and Axon Enterprise.The inclusion, which takes effect December 23, comes amid Bitcoin's strong rally, further boosting the...
Palantir Technologies Inc. announced on Wednesday that it renewed its enterprise contract with the Rio Tinto Group for an additional four years, securing the mining group's continuing access to the Palantir Artificial Intelligence Platform (AIP).By adopting Palantir Foundry earlier, Rio Tinto's...
The shares of Intel Corporation soared on Tuesday as the firm posted satisfactory financial results in the previous session.
The company's revenue saw a significant increase of 30%, reaching $726 million compared to the previous year, surpassing the average analyst forecast of $701 million. Net...
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