Palantir Stock Extends Recovery on Strong AI Software Demand

TLDR Palantir stock advanced as demand for artificial intelligence software supported strong revenue growth. First-quarter revenue increased 85% year over year to $1.63 billion. New contract value reached $2.41 billion, while remaining deal value rose 98% to $11.8 billion. United States commercial demand strengthened as more customers adopted Palantir’s Artificial Intelligence Platform. Palantir will release [...]

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