Palantir Technologies Inc (PLTR) shows what AI can do for business with expanding margins and compounding cash flow

Palantir Technologies Inc ( NYSE : PLTR ) reported its fourth quarter earnings and it topped estimates fueled by AI demand that continues to be unrelenting in the U.S. The company's customer base grew 35% YoY to 497 customers it served during the fourth quarter , showing it is enjoying a surging demand in the private sector whose customer count rose 44% annually .

Its market cap of only $51 billion doesn't place it in the basket tech mammoths like Microsoft .