Palantir Jumps 8% To Record High After Revenue Boosted By ‘Astonishing' AI Impact

ToplinePalantir’s stock rose more than 8% to another intraday high Tuesday, after the software firm reported $1 billion in quarterly revenue for the first time while citing an “astonishing” impact from artificial intelligence. Chief executive Alex Karp said Palantir’s business has “accelerated rapidly” after it reported $1 billion in quarterly revenue for the first time.AFP via Getty ImagesKey FactsShares of Palantir surged 8% to around $173.70 as of around 11:10 a.m. EDT, paring back earlier gains after th ...