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Software catches a bid as investors rotate ahead of Palantir earnings
['Louis Juricic', 'Min Read']
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Microsoft's (NASDAQ: MSFT) strong pre-market rally—driven by a massive $90 billion Q4 print and 43% Azure growth—has ignited a broader bid across the iShares Expanded Tech-Software Sector ETF.
High Stakes for Palantir TonightInvestors are eyeing Palantir closely as it navigates this software resurgence.
The critical questions for tonight's call will center around:Can Palantir justify its premium multiples amid broader scrutiny of AI spending?
Palantir delivered a blockbuster Q1, boasting 85% overall year-over-year revenue growth (reaching $1.63 billion) and 133% growth in its U.S. commercial segment.
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