
Palantir Technologies Inc. Class A Common Stock (PLTR)
Palantir Technologies Inc. Class A (PLTR) is a data analytics and software company specializing in big data integration, visualization, and analysis. Founded in 2003, it provides platforms for government agencies, commercial enterprises, and other organizations to make data-driven decisions, with a focus on security, intelligence, and operational efficiency. The company's products are used for tasks such as investigative analysis, supply chain management, and risk assessment.
Company News
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A special report reveals AI-powered contract lifecycle management is dramatically improving procurement efficiency, with potential to boost contracting performance by 65% and reduce noncompliance costs by 80%.
Palantir Technologies reported its first billion-dollar quarter with $1.03B revenue, a 48% year-over-year increase. The company saw strong AI platform adoption, with commercial sales surging 93% and customer count rising 43%, while maintaining robust profitability and raising full-year revenue guidance.
The first half of 2025 has been marked by heightened volatility and uncertainty, largely stemming from the new administration's trade policies. After an initial market rout, a partial pause in tariffs and the Fed's decision to hold interest rates steady led to a strong rebound, with technology stocks and gold-related equities emerging as clear wi...