Palantir’s “AI Revolution” |
| Palantir Technologies (Nasdaq: PLTR) surged 22.75% in after-hours trading on Monday after reporting strong financial earnings results. |
| Financials: Palantir reported earnings of 14 cents per share and revenue of $827.5 million in the past quarter; both were better than expected. |
| Powering the Story: In the quarter, U.S. revenue shot up 52%, and the total contract value of its U.S. commercial business skyrocketed 134%. |
| Quote: “Our business results continue to astound, demonstrating our deepening position at the center of the AI revolution.” – CEO Alexander C. Karp. |
| Early Bird’s Nest Egg Gains: Palantir’s Artificial Intelligence Platform (AIP) has seen strong demand for tasks such as testing and debugging code. U.S. government agencies have a strong need for AI in areas such as defense and logistics. |
| Final Thoughts: The stock is up 400% in the last 12 months. Can Palantir be stopped? |
Notables |
| Notable Earnings Today: Alphabet (Nasdaq: GOOGL), PayPal Holdings (Nasdaq: PYPL), Advanced Micro Devices (Nasdaq: AMD), Chipotle Mexican Grill (NYSE: CMG), Spotify Technology (NYSE: SPOT), Pfizer (NYSE: PFE), Snap (NYSE: SNAP), PepsiCo (Nasdaq: PEP), Mattel (Nasdaq: MAT), Electronic Arts (Nasdaq: EA), Fox Corp (Nasdaq: FOXA), MSG Sports (NYSE: MSGS), Simon Property Group (NYSE: SPG), Estee Lauder (NYSE: EL), Match Group (Nasdaq: MTCH), Amgen (Nasdaq: AMGN), Mondelez International (Nasdaq: MDLZ), Merck (NYSE: MRK), Marathon Petroleum (NYSE: MPC), Enphase Energy (Nasdaq: ENPH), H&R Block (NYSE: HRB), Energizer (NYSE: ENR), Western Union (NYSE: WU), Ferrari (NYSE: RACE), Lumen Technologies (NYSE: LUMN), Prudential (NYSE: PRU), Juniper Networks (NYSE: JNPR), Enterprise Products (NYSE: EPD), A10 Networks (NYSE: ATEN), Allegiant Travel (Nasdaq: ALGT), Ametek (NYSE: AME), Aramark (NYSE: ARMK), Apollo Global Management (NYSE: APO), Aspen Technology (Nasdaq: AZPN), Atkore International (NYSE: ATKR), AZEK (NYSE: AZEK), Ball Corp (NYSE: BALL), Centene (NYSE: CNC), Cirrus Logic (Nasdaq: CRUS), Cummins (NYSE: CMI), DXC Technology (NYSE: DXC), FMC Corp (NYSE: FMC), Graphic Packaging (NYSE: GPK), Hubbell (NYSE: HUBB), ICHOR Corp (Nasdaq: ICHR), Ingredion (NYSE: INGR), Jacobs Solutions (NYSE: J), Mercury Systems (Nasdaq: MRCY), MPLX LP (NYSE: MPLX), Oscar Health (NYSE; OSCR), Regeneron Pharmaceuticals (Nasdaq: REGN), Varonis Systems (Nasdaq: VRNS), Voya Financial (NYSE: VOYA), Willis Towers Watson (Nasdaq: WTW), Xylem (NYSE: XYL). |
| Notable IPOs Today: EPWK Holdings Ltd. Class A Ordinary Shares (Nasdaq: EPWK). |
| Notable Equity Crowdfunding Campaigns Ending Today: VITia (Wefunder). |
| Notable Economic Events Today: JOLTS Job Openings (10:00 a.m. ET), Factory Orders (10:00 a.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET). |
Trends to Watch |
| So Much Winning: TRUMP Down 75% From Peak Even as Donald Trump Shills the Token on Truth Social (CoinDesk) |
| Not a Good Neighbor: State Farm seeks emergency rate increase averaging 22% after L.A. fires (Los Angeles Times) |
| Golden Monday: Gold hits record high as Trump tariffs spur safe-haven buying (Reuters) |
| No Longer Protecting Consumers: CFPB halts work after Trump appoints Bessent as acting head (Washington Post) |
| Unclean: Clorox Cuts FY Sales Outlook as Business Categories Weaken (MarketWatch) |
