ZACKSยท2025-08-01 16:16Core Insights - The 2025 Q2 earnings season is progressing with significant reports expected from major companies, particularly Palantir (PLTR) and NVIDIA (NVDA), which are central to the ongoing AI trend [1][8] Palantir (PLTR) - Palantir is set to report on August 4th, with sales expected to increase by 40% year-over-year and an upgrade to its current-year sales outlook [3][5] - The customer count for Palantir grew nearly 40% year-over-year and 8% sequentially, with a record U.S. commercial total contract value of $810 million, reflecting a 180% year-over-year increase [5] - Analysts anticipate 55% EPS growth alongside a 38% increase in sales for Palantir [6] NVIDIA (NVDA) - NVIDIA will report on August 27th, with Data Center sales reaching $39.1 billion, a 73% increase from $22.5 billion in the same period last year [7] - The current Zacks Consensus EPS estimate for NVIDIA is $1.00, suggesting a 47% year-over-year growth, while expected sales of $48.5 billion indicate a 52% year-over-year growth [10] - Commentary on upcoming periods and new product launches will be crucial for share movement post-earnings [9] Overall Industry Outlook - The earnings reports from both Palantir and NVIDIA are expected to provide valuable insights into the broader AI landscape, with both companies experiencing significant growth driven by high demand [8][11]