You can't spell gains without "AI" In the fourth quarter, Palantir generated revenue that accelerated to 36% year over year (and 14% sequentially) to $828 million. This resulted i

Palantir Technologies reported strong revenue growth last quarter as the company that made its name providing software to the U.S. government said demand for its artificial intelligence products continues to expand.

Palantir Technologies stock is trading at its highest level on record after the company posted a big beat with its fourth-quarter results. Earnings per share were up annually by 75% to 14 cents, compared with Wall Street’s consensus estimate for 11 cents,

SoundHound AI develops voice AI systems for automotive, retail, and healthcare organizations. Palantir's market cap is now larger than iconic companies like Starbucks, Pfizer, and Citigroup. There are thousands of publicly traded stocks,

Palantir Technologies (PLTR), a software company that specializes in big-data analytics, will release its Q4 financials on February 3. PLTR

After “beating earnings” for the past four quarters in a row, Palantir Technologies (Nasdaq: PLTR) stock will attempt to do it again on Monday. The formerly private defense technologies giant, which has already rocketed 5x in value over the last 12 months,

Palantir would need to grow into a $6.7 trillion market cap to turn a $25,000 investment into $1 million. This would be its valuation if it grew to 40 times its size today. There isn't even a $4 trillion stock on the market today but in 20 or 30 years, it may be much more common to see stocks trading at these types of valuations.

What Happened? Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 26.9% in the morning session after the company reported impressive fourth-quarter results, which blew past analysts' billings,

Palantir's Q4 results were astounding, "eviscerating" (their words in the press release) the consensus. I looked that up—it means "disemboweling." Revenue skyrocketed 36% YoYr, and its free cash flow (FCF) margin hit 63%—both disemboweling consensus estimates.

The artificial intelligence (AI) specialist delivered remarkably robust results. The post Why Palantir Technologies stock just skyrocketed appeared first on The Motley Fool Australia.