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Palantir (NASDAQ: PLTR) Q2 Revenue Nearly Doubles As CEO Alex Karp Intensifies Criticism Of Anthropic And OpenAI
['David Prior']
Foreign Policy Journal
Palantir Technologies, Inc. (NASDAQ: PLTR) shares surged nearly 15% in overnight trading after the company delivered a blowout second-quarter earnings report that comfortably exceeded Wall Street expectations.
Management raised the company’s full-year 2026 revenue forecast to a range of $8.15 billion to $8.16 billion, up sharply from a prior top-end estimate of approximately $7.66 billion.
“It might be the best company that’s publicly traded.
This is a 20-something-year-old company that’s doubling its revenue and more than doubling its cash flow.”
CNBC’s Jim Cramer also weighed in on social media platform X, writing: “Palantir continues to be walked up, now plus 19.”