Palantir Investors Just Got Spectacular News from CEO Alex Karp

One of the most intriguing players to emerge in the era of artificial intelligence (AI) is Palantir Technologies (NASDAQ: PLTR). The company had already made a name for itself in the defense and intelligence spaces and has been working diligently to prove its mettle for enterprise-level businesses. Those aspirations have come into focus over the past couple of years, as Palantir has gained more than 900%. The commensurate increase in its valuation has raised the alarm and been the subject of much debate in Wall Street circles.Palantir reported results after the market close on Monday, and to say it crushed expectations might be an understatement. Not only did the company easily surpass estimates, but management's guidance suggests its growth will continue to accelerate.Let's take a look at what drove Palantir's robust results and what the future might hold.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool