Palantir Ups Profit Outlook, Says AI Has ‘Transformed’ Business

Palantir Ups Profit Outlook, Says AI Has ‘Transformed’ Business



Palantir Technologies Inc.’s stock jumped in extended trading after the company raised its annual outlook, citing continuing demand for its artificial intelligence software.

Palantir also topped analyst estimates for sales and profit for the quarter, helping send its stock up more than 15% after the results were released.



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