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Palantir soars more than 23% as AI powers strong earnings and guidance

Feb 04, 2025
This is a story about a company called Palantir that is doing really well. They use artificial intelligence to help businesses and the government. Palantir recently reported that their revenue grew a lot, especially in the U.S. The company's CEO, Alex Karp, said they are at the beginning of a big revolution with their technology. He also mentioned that Palantir wants to help make the country stronger and safer. The company is growing quickly and plans to keep growing for the next few years. Palantir's revenue from U.S. commercial customers grew by 64% and revenue from the U.S. government grew by 45%. They are expecting their sales to grow even more in the future. Some Wall Street firms were impressed by the company's performance and raised their price targets for its stock. Overall, Palantir is doing really well and making a big impact with their technology. They are helping businesses and the government with the power of artificial intelligence.

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