Palantir stock pops 7% after blowout quarter driven by AI, efficiency demand

Core Insights - Palantir's stock increased by over 7% following an optimistic full-year outlook driven by the artificial intelligence trend [1] - CEO Alex Karp described the earnings results as a "once in a generation, truly anomalous quarter" during an earnings call [1] Financial Performance - U.S. revenues grew by 68% year over year, reaching $733 million [2] - U.S. commercial revenues nearly doubled to $306 million compared to the same period last year [2] - U.S. government revenues increased by 53% year over year to $426 million, benefiting from government efficiency initiatives [2]