Palantir beats fourth-quarter estimates on the strength of AI and defense demand

Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools. Here's how the company did versus LSEG estimates:Earnings per share: 25 cents adjusted vs. 23 cents expectedRevenue: $1.41 billion vs. $1.33 billion expectedRevenue grew 70% from $827.5 million in the year-ago period. For the fiscal year, sales at the Denver-based firm totaled $4.48 billionU.S. revenue for the government and commercial sectors rose to $570 million ...