Big Data And Big Returns For Palantir

Coming in hot: Palantir just logged its first quarter with revenue that topped $1B, sending shares up another 5.2% to $169 in the premarket session on Tuesday. Astounding revenue growth of 93% Y/Y was seen in its U.S. commercial unit, and U.S. government revenue growth was also up 53% Y/Y. Adjusted operating income and free cash flow were equally impressive, while revenue guidance was hiked well above projections, with $4.14B-$4.15B expected for FY25. To the moon! Is the AI revolution slowing down? Not anyt ...