Why Palantir stock soared this week

Our big stock mover of the week, Palunteer. Shares soared after the software and defense company crushed earnings estimates and upped its fullear forecast for the second time this year. It was a big earnings beat and a lot of factors came together for the company.Revenue grew 48% in the second quarter and topped a billion dollars for the first time, blowing past the 940 million expected by analysts. US revenue grew 68% year-over-year. But more specifically, government revenue grew 53% from a year ago to $42 ...