Palantir Shares Soared Today. Is It Time to Buy the Red-Hot Artificial Intelligence (AI) Stock?
PLTRPalantir Technologies(PLTR) The Motley Fool·2024-08-07 07:29

Now up 55% year to date, what comes next for the high-flying AI stock.?Shares of Palantir Technologies (PLTR 10.38%) surged in Tuesday's trading following a strong quarterly report. The software specialist ended the day up 10.4%, according to data from S&P Global Market Intelligence.Palantir published its second-quarter results after the market closed yesterday, and they came in better than anticipated. The company recorded adjusted earnings per share (EPS) of 0.09onrevenueof0.09 on revenue of 678 million, topping the a ...