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

Palantir stock popped more than 7% Tuesday after the software analytics provider lifted its full-year outlook, boosted by the artificial intelligence wave. U.S. revenues grew 68% year over year $733 million, while U.S. commercial revenues nearly doubled from $306 million in the year-ago period. CEO Alex Karp called the earnings results a "once in a generation, truly anomalous quarter" during an earnings call with analysts. Palantir's U.S. government revenues rose 53% from the year-ago period to $426 million ...