Palantir Technologies Inc.

Palantir Technologies' commercial revenue surged 110% to $945 million in the second quarter of 2026, more than doubling the $451 million recorded a year earlier. The commercial segment added $494 million year over year, expanding by more than its entire year-earlier base, while government revenue rose 79% to $990 million from $553 million. Combined, the two businesses generated $1.94 billion in second-quarter 2026 revenue, up from roughly $1 billion a year earlier, with commercial operations contributing more than half of the combined year-over-year increase and narrowing the gap with government revenue to just $45 million. Among peers, C3.ai reported fiscal fourth-quarter 2026 revenue of $51.6 million, down substantially year over year, and forecast fiscal 2027 revenue of $210-$240 million, while Datadog's second-quarter 2026 revenue rose 36% to $1.12 billion, with customers contributing at least $100,000 in ARR up 23% to roughly 4,720 and free cash flow of $279 million. Palantir shares have gained 37% over the past three months against 19% industry growth, and the stock trades at a forward price-to-sales ratio of 39.96X versus an industry average of 4.2X, carrying a Value Score of F and a Zacks Rank #1 (Strong Buy).

Rackspace Technology shares climbed more than 6% after the company announced it is joining Nvidia's Cloud Partner Program, extending its push into sovereign and regulated AI infrastructure. Alongside the partnership, Rackspace introduced its Institutional Sovereign Pod, an architecture combining Nvidia's Blackwell technology with Palantir's Foundry and AIP platforms, and CEO Gajen Kandiah framed the effort as a matter of control over data, models and intelligence for organizations where governance, sovereignty and uptime are non-negotiable. The rally echoes a familiar pattern: shares jumped in May after a non-binding MOU with AMD, then collapsed 33.6% in a single day in July following a guidance cut and an at-the-market program allowing the sale of up to $250 million of shares. The company has not disclosed a customer contract or revenue commitment tied to the Nvidia deal, and its balance sheet still carries roughly $2.8 billion of debt, negative equity and negative free cash flow. Hedge fund ownership rose to 22 funds at the end of Q2 2026 from 8 funds at the end of Q1 2026, while short interest remained extremely high at 22.19% of float as of August 31, 2026.

Chipotle Mexican Grill is building a food safety risk platform on Palantir Technologies' Foundry software, according to WIRED. The platform appears to analyze health department scores, pest incidents and employee illnesses to assign each store a food safety score, and Chipotle confirmed the work, with chief corporate affairs and food safety officer Laurie Schalow saying the company is piloting a new Food Safety Risk Management Platform designed to provide a more consistent and centralized view of food safety risk across its restaurants. The move follows a turbulent period in which the FDA has identified more than 12,800 illnesses tied to foodborne outbreaks so far this year, and Chipotle stopped serving jalapenos from one supplier in July after a salmonella outbreak that went on to sicken more than 430 people. Palantir already sells into the sector, counting Tyson, General Mills and the independent purchasing co-op for Wendy's among its customers, with corporate work now accounting for nearly half its US business and US commercial revenue up 149% to $764 million last quarter. Chipotle shares were up 0.65% and Palantir 0.73% premarket.

Surf Air Mobility Inc. has signed a definitive agreement with Sprintbach Aviation for OperatorOS, its SurfOS flight operations software for Part 135 operators powered by Palantir Technologies, marking the official commercial launch of the product. The contract is the company's first commercial OperatorOS agreement and will contribute to its goal of having five operators live on OperatorOS by the end of 2026, with Surf Air Mobility earning a percentage of revenue for all Sprintbach flights managed through the software. OperatorOS is designed to manage aircraft and crew scheduling, flight management, reporting, and distribution for Part 135 operators, and has been used internally to run Surf Air Mobility's own airline operations, Southern Airways and Mokulele Airlines, since 2025. The system was recently approved by the Federal Aviation Administration as an authorized system of record for electronic signatures and recordkeeping. Sprintbach currently operates 9 aircraft with 16 pilots on staff, and OperatorOS will help it streamline and optimize aircraft and crew scheduling, generate actionable insights and clearer visibility into its operations, and reduce manual processes from a single AI-enabled software solution.

Palantir Technologies and Nebius Group announced a partnership on 8 September 2026 making Nebius Palantir's preferred sovereign AI infrastructure provider, integrating Nebius' AI-native cloud and inference endpoints into Palantir's commercial perimeter to give eligible customers more control over compute, data, and models. The alliance positions Nebius as an AI-first cloud platform built for demanding AI workloads and could broaden its reach through Palantir's enterprise distribution and modular data-center deployments. The news comes alongside Nebius' first senior secured debt facility of about US$775.0 million, backed by GPU assets and contracted cash flows, underscoring how the company is funding and filling significant new capacity. Nebius Group's narrative projects $30.3 billion revenue and $2.4 billion earnings by 2029, with a $312.67 fair value implying 49% upside to its current price, while some of the lowest ranked analysts had assumed heavy spending would keep Nebius unprofitable even with revenue reaching about US$19.1 billion by 2029. The Palantir deal strengthens Nebius' case as a sovereign AI provider and could reinforce near-term demand visibility, but it does not remove the key near-term risk around heavy capital spending and the company's ability to translate rapid revenue growth into sustainable margins.

Longtime technology analyst Daniel Ives doubled down on his call that Palantir Technologies could eventually become a $1 trillion company, a valuation that would require roughly 141% upside from the AI software company's current $414.7 billion market value. Ives reiterated the view at the Future Proof Conference in Huntington Beach, California, having previously argued in April that Palantir could reach a $1 trillion valuation within two to three years. The thesis rests on Palantir sustaining extraordinary commercial growth, and recent results support the optimism: second-quarter revenue surged 93% year over year to $1.94 billion, U.S. commercial revenue jumped 149% to $764 million, and overall commercial revenue increased 110%. Management raised its 2026 revenue outlook to between $8.15 billion and $8.158 billion, implying roughly 82% growth at the midpoint, with U.S. commercial revenue expected to increase at least 134%. UBS analyst Karl Keirstead recently lifted his price target to $250 from $220 while maintaining a Buy rating, though the stock trades at roughly 78 times forward earnings and more than 72 times trailing sales, leaving little room for execution mistakes.

Palantir has pressed Anthropic for an irrevocable zero-data-retention guarantee before allowing Anthropic models to be made accessible through Palantir's software, according to Reuters, citing The Information. The demand is aimed at contractual certainty that sensitive prompts, usage data and outputs cannot later be retained, repurposed or exposed through policy changes. The dispute intensified after Anthropic changed the policy for its Fable model in June, allowing companies to retain usage logs for 30 days to defend against attacks, a move that drew customer pushback. Nvidia has reportedly limited Anthropic models to less-sensitive tasks while using its own Nemotron models for internal work, and Booz Allen has barred Anthropic's commercial model from specific proprietary cybersecurity activities. The development strengthens part of Palantir's growth thesis, which centers on becoming the layer that determines how models interact with sensitive corporate data, though the stock trades at a market cap of nearly $400 billion and around 143-times trailing earnings after surging over 50% in August. Palantir's Q2 sales surged 93% to $1.94 billion, U.S. commercial revenues were up 149%, and adjusted operating margins reached 62%, with management expecting nearly $8.15 billion in 2026 sales.

Palantir's Q2 2026 revenue grew 92.8% year-over-year to $1.935 billion, with U.S. commercial revenue up 149% and GAAP net income of $1.06 billion, up 225% year-over-year. Management raised FY2026 revenue guidance to $8.15 to $8.158 billion, representing 82% year-over-year growth, and adjusted free cash flow guidance to $4.5 to $4.7 billion. FY2027 EPS consensus climbed from $2.07 ninety days ago to $2.33, with 26 upward revisions and zero cuts in the past 30 days, while management guides U.S. commercial revenue above $3.424 billion, or 134% growth. Shares trade at $172.56, roughly 148x trailing earnings and 68x sales, against a consensus target of $195.73 from 32 covering analysts. The next test is Q3 2026 earnings, where consensus calls for $0.41 EPS on $2.18 billion in revenue.

Palantir and Nvidia have reportedly tightened restrictions around Anthropic's advanced AI models over data-retention concerns, with Palantir demanding irrevocable zero-data-retention guarantees before making the models available through its software and Nvidia limiting Claude to less-sensitive internal work. Palantir's September 10 sovereign-AI push with Nvidia uses Nvidia Nemotron open models and customer-controlled infrastructure, while Anthropic said on September 1 it would roll out Enterprise Frontier Safeguards later this fall, storing data in customer-controlled cloud infrastructure with zero-data-retention protections. Microsoft's Sovereign Private Cloud can run large AI models in fully disconnected, customer-controlled environments, a proposition it expanded with Mistral on July 21, though Microsoft also offers Anthropic models across Copilot and Foundry and says Anthropic models used in its online services are excluded from some in-country processing commitments and unavailable in certain sovereign-cloud environments. Palantir's second-quarter U.S. commercial revenue rose 149%, and Insider Monkey tracked 86 hedge funds long PLTR in the second quarter of 2026, down from 96 in the first quarter, while 273 hedge funds held reportable MSFT longs in the second quarter, down from 282. Short positioning is more pointed in Palantir, with 65.13 million shares sold short as of August 31, 3.00% of float, and 2.2 days to cover.

Palantir Technologies, Nvidia, and Booz Allen Hamilton are restricting or threatening to drop advanced AI models from Anthropic and OpenAI unless the labs provide stronger data protections, according to Reuters. Palantir has pressed Anthropic to guarantee zero data retention before making its models available through Palantir's software, while Nvidia limits Anthropic's models to less sensitive internal tasks and prefers its own Nemotron models for proprietary work, and Booz Allen has forbidden staff from running Anthropic's commercial model on cybersecurity projects touching proprietary data. The pushback intensified after Anthropic introduced a 30-day data retention policy in June tied to the rollout of its Fable 5 model, saying it needed usage logs to detect sophisticated attacks that unfold across multiple sessions, though the company said it would not use the retained data to train its models. Anthropic responded by announcing Enterprise Frontier Safeguards, which lets enterprise customers store activity data in their own cloud infrastructure, including Amazon S3, Azure Blob Storage, or Google Cloud Storage, under their own encryption keys, with automated safety monitoring but no human review by Anthropic employees; the system is rolling out in phases, with broader availability targeted for later this fall. Last week, Palantir and Nvidia unveiled a platform pairing Palantir's software with Nvidia's open Nemotron models to let organizations run AI on their own data without exposing it to outside model providers, and Nvidia shares dropped roughly 3% on Monday as AI-related stocks broadly retreated.

Palantir Technologies has already sold work it has not yet delivered, and how fast it can deploy that backlog is what could move its stock from here. The company signed U.S. commercial contracts worth $2.132 billion across their full terms in the June quarter, while total remaining deal value ended that quarter at $13.1 billion, up from $11.8 billion at the end of March, and remaining performance obligations stood at $4.9 billion at the end of June. Palantir says the limiting factor in turning AI into value is the rate of AIP deployment, work that falls to its forward deployed engineers, and the September Fujitsu agreement matters because Fujitsu renewed its partnership for Palantir AIP and Palantir Foundry and will serve as a Global FDE Partner. Net dollar retention rose to 157% from 150% in the March quarter, and the cleanest test ahead is the U.S. commercial guide, raised in August to at least $3.424 billion for full year 2026 from at least $3.224 billion three months earlier.

NVIDIA and Palantir both raised guidance after posting quarters that doubled revenue, with NVIDIA growing 105.8% year over year to $96.22 billion and Palantir's U.S. commercial segment surging 149% to $764 million. NVIDIA's Data Center revenue reached $89.023 billion, up 117%, while networking jumped 138%, and the company guided Q3 revenue to $108 billion, plus or minus 2%, saying supply sets the ceiling. Palantir's total revenue reached $1.94 billion, up 92.8%, with adjusted EPS of $0.41 beating the $0.28 estimate, total contract value closed of $3.37 billion, and net dollar retention of 157%. NVIDIA trades at a forward P/E of 24 on $302.97 billion in trailing revenue against 70% guided fiscal 2028 growth, while Palantir trades at a forward P/E of 75 and a price-to-sales ratio of 65. NVIDIA's 17.32% YTD move lags its fundamentals, and Palantir's negative 5.92% YTD reset will look like a gift if AIP pilot conversions hold pace, though its $265 million in Q2 stock-based compensation and long sales cycles keep the risk in view.

DA Davidson raised its price target on Palantir Technologies to $250 from $200 on Thursday while keeping a Buy rating, citing growing customer interest in AI sovereignty and the company's expanding role in managing enterprise AI systems. The firm said Palantir's AIPCon11 event highlighted rising demand for tools that help organizations control AI models and data. DA Davidson also pointed to Palantir's recent work with Nvidia, where the software company developed a supply-management system using Nemotron technology, as evidence of its ability to address operational challenges tied to AI deployment. Palantir reported 79% revenue growth in its latest quarter, with gross profit margin reaching 85%. Other analysts remain positive as well: Phillip Securities recently raised its target to $215 from $202, William Blair highlighted expansion of Palantir's Maven Smart System agreement with the Pentagon, and Baird and Truist Securities retained positive ratings, while Benchmark continues to rate the shares Hold.

Rosenblatt reiterated its Buy rating and $225 price target on Palantir Technologies after the company's 11th customer forum, implying roughly 35% upside from the $166.68 level where the stock traded Friday. The forum showcased Palantir's AI software moving beyond demonstrations into real operations, with customers highlighting deployments across industrial supply chains and U.S. Army targeting systems. That adoption follows second-quarter revenue growth of 93% to $1.94 billion, while management expects approximately $8.15 billion in full-year revenue and at least 134% growth from its U.S. commercial business. Palantir's roughly $426 billion market capitalization represents more than 52 times the midpoint of management's annual revenue outlook, leaving almost no room for execution errors. The stock also sits 5.72% below its GF Value estimate of $176.79.

Palantir expanded its partnership with Nvidia at its AIPCon customer conference, pairing its enterprise data platform with Nvidia's customizable Nemotron open models for supply chains across manufacturing, agriculture, pharmaceuticals, retail and government, and Nvidia intends to deploy the combined technology inside its own operations. The pitch targets regulated buyers who must keep model weights and sensitive data inside their own infrastructure rather than routing them through a closed consumer service. Nvidia's Q3 FY2026 release said it teamed with Palantir to build a first-of-its-kind integrated technology stack for operational AI, and CEO Alex Karp told investors that models fine-tuned by Palantir in its enterprise on an Nvidia stack outperform frontier models, adding that customers own the weights, the alpha and everything. Palantir's Q2 U.S. commercial revenue grew 149% year-over-year to $764 million, the Rule of 40 reached 155%, and full-year 2026 revenue is guided to $8.150 to $8.158 billion. The stock trades at a P/E of roughly 235x against a market capitalization near $381.6 billion, down 6.69% year to date though up 531.13% over five years.

Palantir Technologies has been named a Zacks Rank #1 (Strong Buy), with the consensus earnings estimate unchanged over the last 30 days. The company is expected to post earnings of $0.41 per share for the current quarter, a year-over-year change of +95.2%, while the consensus estimate of $1.6 for the current fiscal year indicates a year-over-year change of +113.3%. For the next fiscal year, the consensus estimate of $2.25 points to a change of +40.9%. The consensus sales estimate of $2.17 billion for the current quarter points to a year-over-year change of +84%, and the $8.14 billion and $11.59 billion estimates for the current and next fiscal years indicate changes of +81.8% and +42.5%, respectively. In the last reported quarter, Palantir reported revenues of $1.94 billion, a year-over-year change of +92.8%, and EPS of $0.41 versus $0.16 a year ago, beating the Zacks Consensus Estimate of $1.81 billion by +7.16% on revenue and by +17.14% on EPS. The company beat consensus EPS and revenue estimates in each of the trailing four quarters, though it is graded F on the Zacks Value Style Score, indicating it trades at a premium to its peers.

Nvidia CEO Jensen Huang reaffirmed his confidence that the chipmaker can increase revenue by 70% next year, speaking Thursday at Goldman Sachs' Communacopia + Technology Conference. Nvidia's management stunned Wall Street last month when it projected 70% year-over-year revenue growth in 2027, and executives estimated that growth could surpass 100% if the company were able to satisfy all available demand. Huang said demand for AI computing continues to exceed available supply, suggesting Nvidia's biggest near-term obstacle may be production capacity rather than customer appetite. The company is also expanding beyond graphics processors into complete AI factory systems, with the upcoming Vera Rubin platform expected to cost roughly $40,000, compared with about $25,000 for Blackwell and $18,000 for Hopper. Huang said Nvidia is gaining share at Anthropic, the developer of the Claude AI models, in which Nvidia invested in November 2025, and he identified cybersecurity as a likely next growth engine, citing partnerships with CrowdStrike, Cisco Systems and Palantir Technologies, while also pointing to advances in physical AI across robotics and autonomous driving over the next two to three years.

NVIDIA has handed the software running the 1.3 million-part supply chain inside every Vera Rubin rack to Palantir, expanding a partnership that fuses Palantir Foundry and AIP with NVIDIA Nemotron open models grounded in Palantir Ontology. The reference architecture, called SAIOS, runs on hardware from Dell Technologies and Cisco for on-premises deployment, while Rackspace and Nebius enable co-location and cloud options. NVIDIA CEO Jensen Huang called supply chains "the operating system of the physical economy," and Palantir CEO Alex Karp said the sovereign stack is "delivering capabilities that exceed the frontier while providing alpha protection qualities unavailable otherwise." The endorsement lands as Palantir shares traded at $167.15 midday Thursday, down 1.41% on the session, and are down 6.2% year to date even as NVIDIA has climbed 17.52%. Palantir's Q2 FY2026 revenue reached a record $1.94 billion, up 92.83% year over year, with adjusted EPS of $0.41 versus a $0.28 consensus, U.S. commercial revenue up 149% to $764 million, and full-year revenue guidance raised to $8.150 to $8.158 billion, yet the stock carries a P/E of 240 and a market cap near $383.9 billion.

Nvidia and Palantir unveiled a jointly developed sovereign AI stack aimed at the industrial supply chain, with Nvidia becoming customer zero. The system pairs Nvidia's open Nemotron models and cuOpt optimization software with Palantir Foundry, AIP, and the Palantir Ontology to coordinate materials allocation from wafer to first token, and Nvidia is deploying it against its own bill of materials, where a single Vera Rubin rack contains 1.3 million parts sourced from thousands of suppliers. Nvidia CFO Colette Kress and CEO Jensen Huang told investors on the fiscal Q2 2027 call that Vera Rubin shipments began earlier in August 2026 with purchase orders from every major hyperscaler, AI cloud, and system OEM, and that the platform is expected to represent about 20% of data center revenue in Q3, while raising the revenue opportunity per gigawatt of AI capacity to $40 billion from $25 billion on Blackwell. Palantir CEO Alex Karp said the company is expanding its application layer with Nvidia, and CTO Shyam Sankar said that within 24 hours of bringing Nemotron Ultra into its stacks it found five production tasks where a standard Nemotron Ultra model without post-training beat Frontier models; Palantir posted Q2 revenue of $1.935B, up 92.8% YoY, with U.S. commercial revenue of $764M, up 149% YoY, and raised full-year revenue guidance to $8.150 to $8.158B. The stack will be showcased at Palantir's AIPCon 11 conference, and the tell will be customer conversions coming out of that event and whether Nvidia quantifies cycle-time or yield gains on its next earnings call.

Acrisure has unveiled Auris AI, an applied AI platform designed to connect data, workflows, and AI-assisted decision-making across its portfolio of insurance services. Developed by Acrisure using Palantir's platforms, the system is built on Palantir's Ontology and brings client, carrier, contract, and operational intelligence into a common operating framework and AI engine, with access governed by applicable permissions and controls. Chief Technology Officer and Chief AI Officer Benjamin Funk will introduce Auris AI at Palantir's AIPCon 11 Conference as part of a cross-industry showcase of organizations using Palantir's Artificial Intelligence Platform. Palantir Chief Revenue Officer and Chief Legal Officer Ryan Taylor said the platform brings AI into the core of Acrisure's operations while maintaining control over data, workflows, and decisions. Acrisure, which has grown revenue from $38 million in 2013 to roughly $5 billion and employs about 20,000 colleagues in 19 countries, said it intends to expand Auris AI's capabilities and deepen collaboration with clients, carriers, and other partners.

Rackspace Technology shares rose more than 6% in premarket trading Thursday after the company joined the Nvidia Cloud Partner Program. The partnership will strengthen Rackspace's ability to provide and manage NVIDIA-powered AI computing for regulated and sovereign enterprises. Chief executive officer Gajen Kandiah said AI sovereignty is ultimately about control of data, models and the intelligence an organization creates, adding that NVIDIA provides the accelerated computing foundation while Rackspace brings the infrastructure, engineering and operations required to run it in production. Rackspace also said its new Institutional Sovereign Pod, a governed AI infrastructure architecture, will bring together NVIDIA's Blackwell technology with Palantir's Foundry and AIP platforms to give enterprises control over their data, models and AI environments. Rackspace provides forward-deployed engineering and managed operations for the environment, helping customers move from deployment to production faster and reach value sooner.

Method Security and Palantir Technologies announced the Cardinal Program, an initiative to strengthen national cyber resilience through safe, autonomous red teaming. The program will provide select municipalities, utilities, and critical infrastructure operators with opt-in, continuous autonomous security assessments at no cost. Method's platform and security operators will map, probe, and safely test participating organizations' internet-facing assets to identify attack paths, with frontier and open-weight models powering the assessments. Palantir Foundry, AIP, and the Ontology for Cybersecurity will provide secure infrastructure for Method to integrate and deliver findings and support collaboration. Assessments will emulate real-world adversary behavior within scope and rules of engagement defined by participants, with safeguards and human oversight enforced to prevent disruption, and security experts will review findings and provide adversary-informed hardening guidance.

Palantir Technologies and Fujitsu Limited announced the renewal of their strategic partnership, with Fujitsu signing a new agreement with Palantir Technologies Japan KK for Palantir AIP and Palantir Foundry and serving as a Global FDE Partner. As part of the deal, Fujitsu is making a significant investment in building Forward Deployed Engineering capabilities with Palantir for customers in Japan and around the world, bringing its own AI technologies including the large language model Takane, its Uvance offerings, and experienced FDE Palantir professionals. Fujitsu previously implemented a supply chain resilience solution for a leading Japanese manufacturer on the Palantir platform, integrating data across more than 3,000 suppliers, 18 factories, and previously siloed enterprise systems, which delivered over $10 million in cost savings within one year and doubled operational productivity. Kevin Kawasaki, Global Head of Business Development at Palantir Technologies, said the partnership is about bringing Palantir's sovereign AI architecture to Fujitsu's customers across Japan. Yoshinami Takahashi, Corporate Executive Officer, Corporate Vice President, and COO of Fujitsu Limited, said the two companies have worked together since 2020 and that Fujitsu has built an FDE framework capable of rapidly delivering results at customer sites. The companies will continue to collaborate on customer engagements in Japan and around the world, with Fujitsu bringing industry expertise, services capabilities, and deployed engineering capabilities to organizations adopting Foundry and AIP.

Nebius Group N.V.'s shares jumped 7.73% to close at $243.88 after Palantir Technologies partnered with Nebius for AI-native cloud infrastructure, designating Nebius as its preferred sovereign AI infrastructure partner. Under the agreement, Nebius will provide AI compute and inference infrastructure to Palantir's commercial customers, with endpoints expected to operate inside Palantir's enterprise perimeter. The partnership aims to offer an end-to-end platform for running open AI models and training on proprietary data, with plans to accelerate capacity deployment through modular data centers. Nebius reported $582 million in second-quarter revenue, up 454% year over year, and maintained its 2026 revenue outlook of $3-$3.4 billion, expecting connected power capacity to reach roughly 800 MW to 1 GW by end of 2026. The company faces tough competition from CoreWeave and Microsoft, but Palantir's endorsement could provide a key distribution channel and reduce customer-acquisition friction.

Maybank, in partnership with Krungthai Bank, has launched a new set of DR80 depositary receipts, which are now available for trading. These cover three investment megatrends: the industries of the future, the growth of AI, and investment opportunities in China. DR80s are instruments representing rights to foreign securities, allowing Thai investors to access leading global companies through the Stock Exchange of Thailand. Under the future industries theme, the DRs include Airbus and Palantir Technologies. The AI Supercycle theme comprises Ajinomoto, Applied Materials, and Intel. Meanwhile, the China theme features index-linked DRs such as CH30080, CHAI80, CHNEXT80, and CHSTAR5080. This initiative reflects Maybank and Krungthai's commitment to expanding investment opportunities into the global market.

Intel and most of the semiconductor sector rose on Tuesday, while the broader market dipped, with the Dow down 1%, the S&P 500 down 0.3%, and the Nasdaq Composite down 0.1%. The Philadelphia Semiconductor Index gained 2.2%. Intel shares jumped 9% after Northland Securities upgraded the stock to Outperform and set a $120 price target, citing a reported plan to raise CPU prices by up to 10% and a partnership with Tesla on the Terafab semiconductor endeavor. Qualcomm rose 4% after announcing a partnership with Amazon to build next-generation AI data center infrastructure, issuing warrants for up to 25 million shares at $161.26 per share. AMD climbed 6%, Taiwan Semiconductor Manufacturing gained 2.5%, and GlobalFoundries rose 2.3% after securing a $375 million award from the U.S. Department of Commerce's CHIPS Research and Development Office. Broadcom gained 3.7%, Marvell rose 2.8%, Arm Holdings gained 3.5%, and MaxLinear surged 7%. Among neoclouds, Nebius soared 10% after Palantir named it preferred AI infrastructure partner, CoreWeave surged 14%, and IREN climbed nearly 10%. Microsoft declined 1.4%, Amazon inched down 0.6%, and Oracle increased 3.5%.

Palantir Technologies Inc. surged 51.45% in August, far outpacing the broader technology group's 6.36% gain, driven by accelerating demand for its artificial intelligence software. The company reported second-quarter sales of $1.94 billion, up 93% year over year, and raised its full-year revenue forecast to $8.15 billion-$8.16 billion. Salesforce was the next best performer among major tech names with a nearly 40% rise, while Super Micro Computer gained over 31%. Palantir's rally highlights investor enthusiasm for software companies demonstrating AI-driven revenue growth, but the steep monthly gain sets a high bar, requiring robust growth to justify elevated expectations. The company's next test comes in the third quarter, when it aims to generate around $2.16 billion in revenue.

Palantir Technologies stock has jumped 39% since its Q2 earnings release on Aug. 3, driven by stronger-than-expected results and improved guidance. The company's Q2 revenue surged 93% year over year to $1.94 billion, while non-GAAP EPS rose 156% to $0.41. Total contract value jumped 49% to $3.37 billion, and remaining deal value reached $13.1 billion, up 83%. Palantir now expects full-year revenue of just over $8.15 billion, an 82% increase, and analysts project EPS growth of 114% in 2026. If the company doubles earnings again in 2027, the stock could approach the Street-high price target of $255, implying a 46% gain.

Palantir Technologies is gaining after expanding its work with PwC US, giving the software company another channel to bring its artificial intelligence tools into large corporate projects. The collaboration will cover areas including mergers and acquisitions, enterprise AI deployments, and complex business planning. The expanded relationship could help broaden Palantir's exposure to commercial customers as companies increase spending on data and automation. The company still faces risks tied to its customer mix and the timing of large contracts, as shifts in government spending or delays in major renewals could make quarterly results less predictable. The PwC expansion may strengthen Palantir's commercial AI opportunity, but investors will likely watch whether new partnerships translate into recurring revenue.

Palantir Technologies surged 7% to $182.06 after expanding its alliance with PwC US to build an AI-native deals platform on Foundry and AIP, a move that counters Michael Burry's short thesis. ServiceNow climbed 5% to $144.13, and Salesforce gained 3% to $264.53, while the iShares Expanded Tech-Software Sector ETF rose 4% to $107.13, indicating a sector-wide rally. Burry had flagged accounts receivable climbing to $1.49 billion, with one customer holding 27% of that total, a concern that remains unresolved. Palantir's Q2 revenue was $1.935 billion, up 93% year over year, and the company raised its full-year outlook to $8.15 billion. ServiceNow raised its FY 2026 subscription revenue guidance to $15.76 billion to $15.78 billion, and Salesforce lifted its FY27 revenue guidance to $46.1 billion to $46.4 billion.

Palantir CEO Alex Karp has become the first significant investor in a new defense-technology business founded by Ukraine's former military minister Mykhailo Fedorov, according to a statement on September 1. The firm, whose identity and value have not been disclosed, will use expertise gained during Russia's invasion to produce technology for Ukraine and eventually overseas partners. Karp's investment is personal, not a corporate move by Palantir, but it signals his bet on battlefield-tested innovation. Fedorov, who previously served as Ukraine's digital transformation minister, is also seeking U.S. funding for a defense-tech fund and advising Italy's Defense Ministry. Palantir's own government business is booming, with U.S. government revenue up 90% to $809 million in the second quarter, and total revenue reaching $1.935 billion, a 93% increase year over year.

The global Saildrone Voyager unmanned surface vehicle (USV) market is projected to grow from $0.95 billion in 2025 to $1.08 billion in 2026, a compound annual growth rate of 13.6%, and reach $1.81 billion by 2030, according to a new report from ResearchAndMarkets.com. Growth is driven by rising demand for climate observation, maritime security, and autonomous ocean monitoring, with North America leading in 2025 and Asia-Pacific expected to be the fastest-growing region. In May 2026, Saildrone Inc. secured a $15.5 million contract with the U.S. Coast Guard to deploy Voyager USVs for long-duration surveillance in the Great Lakes and the U.S. Northeast coast, and in March 2025, Saildrone partnered with Palantir Technologies Inc. to integrate AI analytics for enhanced threat detection. The report profiles key players including Saildrone, Kongsberg Gruppen ASA, and Ocean Infinity, and covers segments by type, deployment mode, application, and end user.

PwC US and Palantir Technologies announced an expansion of their strategic alliance to help organizations scale enterprise AI across critical business functions. The collaboration combines Palantir's AI and data platforms with PwC's industry and transformation expertise, targeting areas such as supply chain, customer lifecycle management, and cyber risk. They also introduced the industry's first AI-native deals IT platform, built on Palantir Foundry and AIP, which aims to execute M&A deals up to 50% faster and cut one-time transaction costs by up to 45%. Additionally, the alliance will leverage PwC's SAP expertise with Palantir's AIP to improve data quality and transformation decisions. Patrick Pugh, PwC's Global Alliances & Ecosystem Leader, emphasized that AI's greatest opportunity lies in transforming enterprise operations, not isolated use cases.

Ocean Power Technologies, Inc., a leader in intelligent maritime solutions, announced it is implementing Palantir Foundry through the Palantir for Builders program to support its expanding U.S. and international deployment footprint. The company has engaged Foxtrot Professional Services, a Foundry-native Palantir partner, to lead the implementation and strengthen operating capabilities. As OPT moves from individual deployments to repeatable delivery of its autonomous maritime systems, the platform will provide end-to-end visibility across manufacturing, supply chain, deployment, fleet operations, maintenance, and customer support. CEO Philipp Stratmann said the initiative is a step toward a more scalable, integrated maritime technology business, with existing records already being linked into the platform.