Palantir Raises Revenue Forecast
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Palantir stockReuters
•Data analytics firm Palantir jumps as AI boom powers robust software adoption
80% Informative
Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third time.
The company is among the biggest stock market winners of the generative AI boom, with its shares more than doubling in value this year .
For the third quarter , the company saw its revenue from U.S. government contracts surge 40% .
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