Palantir loses its wow factor:
Investors are becoming more concerned about the durability of the AI boom.
axios.com/2026/11/04/palantir-ai-earnings-stock
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American software and services company, specializing in data analysis
field that develops and studies software enabling machines to exhibit intelligent behavior
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axios.com/2026/08/03/palantir-ai-software-earnings
Key FactsPalantir’s U.S. corporate AI sales surge
Aug 3, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: axios.com
Summary created with AI assistance · Source: axios.com
- U.S. commercial software revenue rose roughly 150% to $764 million in the second quarter.
- Palantir reported $809 million in second-quarter sales to the U.S. government, up 90% from the year-earlier period.
- The company raised its full-year guidance for revenue, adjusted income and free cash flow above its previous forecast and Wall Street expectations.
- Shares rose more than 10% after hours on Monday, while the sales increase helped boost quarterly profit, according to the report.
Our customers trust us to provide them with maximal control over their operations, data, and decisions. Their competitive advantage should never become the training data for future models.— Alex Karp, Palantir CEO, said this about customer data control and safeguards against data used for training models.
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