Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also offers Palantir Foundry, a platform that helps organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric, aerial, and land-based ISR missions. The company has a strategic collaboration with NVIDIA to deliver an intelligent engine for running NVIDIA AI and Nemotron open models in sovereign environments. The company was incorporated in 2003 and is headquartered in Aventura, Florida.
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Palantir CEO Alexander Karp Sells $86 Million in Stock
Palantir Technologies CEO Alexander Karp sold nearly $86.1 million of company stock on Aug. 20, disposing of 492,348 Class A shares at prices ranging from $172.19 to $176.37. About $70.3 million of the transactions were tied to tax withholding after restricted stock units vested, conducted under a Rule 10b5-1 trading plan. He also sold another 90,000 shares for roughly $15.7 million under a separate trading plan established in March, following the conversion of Class B shares into Class A stock. The sales come after a strong run for Palantir, with shares trading around $175.89, below their 52-week high of $207.52, and the stock gaining about 31% over the previous six months. Recent quarterly results have drawn positive analyst attention, with several firms raising price targets after stronger-than-expected revenue and profitability.
Palantir Stock Could Surge in September on Heavy Options and Strong Growth
Palantir Technologies is entering September with strong momentum after its stock surged 43.09% in the past month following a blowout Q2 earnings report, and 24/7 Wall St. has set a price target of $217.16, implying 24.75% upside with a BUY rating. The company's revenue grew 93% to $1.935 billion in Q2, with U.S. commercial revenue up 149% year over year, and it raised its full-year revenue guidance to $8.154 billion, its largest-ever raise. Options positioning for the September 18 expiration shows 254,823 call contracts, signaling traders expect a major move. Palantir's Rule of 40 hit 155%, and it is the only one among Palantir, ServiceNow, and Snowflake generating GAAP net income at scale. However, risks include a high valuation with a P/E of 249 and stock-based compensation of $265 million in Q2, which could dilute holders.
Palantir's Maven Becomes Official Pentagon Program of Record
Palantir Technologies' Maven Smart System has been designated an official program of record by the Pentagon, a move that could secure $2.3 billion in funding over the next five years. The AI-powered military platform, which analyzes battlefield data and supports AI-enabled targeting, traces its roots to the Pentagon's 2017 Project Maven. Palantir won a contract worth up to $480 million in 2024, and the program ceiling increased to $1.3 billion in 2025. The designation is expected to streamline Maven's use across all military branches and ensure continued funding. Palantir's U.S. government revenue was $809 million in the second quarter, up 90% from a year ago, representing nearly 42% of total revenue of $1.935 billion.
Palantir Technologies trades at about 115.6 times trailing adjusted earnings, but on consensus 2027 earnings forecasts the multiple drops to roughly 87.4 times, a 24% discount. Analysts expect revenue to grow about 58% annually through 2027, below the 79% growth over the last twelve months and 93% in the most recent quarter. Management raised full-year 2026 guidance for U.S. commercial revenue growth to about 134%, driven by enterprise demand for AI sovereignty. The 20 analysts covering the stock have 2027 earnings estimates ranging from $1.61 to $2.94 per share. If the multiple settles at about 101.5 times, halfway between today's level and the 2027 floor, the stock would be about 16% higher than its current $175.89 price.
AI Infrastructure Borrowing Hits Record, Lifting Long-Term Yields
US companies have issued nearly $1.7 trillion in bonds so far this year, up 27% from the same period a year ago and more than all of 2025 combined, according to SIFMA data, with hyperscalers, data-center REITs, and power producers leading the charge. BMO Capital Markets rates strategist Ian Lyngen said a record pace of corporate bond issuance has added substantial duration supply to US fixed income markets, with consequences for the outright level of yields as well as the shape of the yield curve and term premium. The 30-year Treasury touched 5.323% on August 18, a 19-year high, while the 10-year sat at 4.69% and the 30-year at 5.23% on August 20. Digital Realty raised its 2026 development capex guidance to $3.5 billion to $4.0 billion and long-term debt issuance guidance to $1.5 billion to $2.0 billion, while Constellation Energy took total long-term debt to $17.5 billion after financing the Calpine acquisition. Vertiv completed a $2.1 billion senior unsecured notes issuance and a new $2.5 billion revolving credit facility in March, earning inaugural investment-grade ratings from Moody's and S&P. Palantir, which carries no meaningful debt, trades at a trailing P/E of 149, and the article notes that higher real yields driven by AI borrowing could compress its multiple faster than earnings can grow into it.
Palantir Technologies reported a GAAP EBIT of $912 million in its latest quarter, translating into an EBIT margin of roughly 47%, with adjusted margin climbing to approximately 62% and adjusted free-cash-flow margin reaching 63%. The company's Rule of 40 score surged to 155% from 94% a year earlier, suggesting accelerating revenue and expanding profitability as it scales. Palantir's positioning in helping organizations deploy AI securely across critical operations is cited as a key factor behind the durability of its growth. The stock has gained 32% in the past month compared with the industry's 2% rise, and it trades at a forward price-to-sales ratio of 40.79X versus the industry average of 3.89X. The Zacks Consensus Estimate for Palantir's 2026 earnings increased over the past 60 days, and the stock currently carries a Zacks Rank #1 (Strong Buy).
Palantir Q2 EPS Beats by 46% as US Commercial Revenue Surges 149%
Palantir reported second-quarter fiscal 2026 earnings per share of $0.41, beating estimates by 46% and marking its ninth consecutive beat, while U.S. commercial revenue surged 149% year over year. Management raised full-year revenue guidance to $8.150 to $8.158 billion, or 82% growth, and free cash flow hit $1.22 billion. Total remaining deal value climbed to $13.1 billion, and CEO Alex Karp said he is driving the business to grow at a rate equal to or above U.S. commercial growth for the next 18 months. The stock trades at a forward price-to-earnings ratio of 108, and 24/7 Wall St. set a price target of $212.42, implying 21.25% upside from the current $175.19 share price.
Mercury Systems and Palantir Announce Strategic Alliance for Defense Manufacturing
Mercury Systems and Palantir Technologies announced a strategic alliance on August 3 to automate material planning and factory operations for U.S. military programs. Palantir will deploy its software suite to help Mercury optimize material planning, eliminate manual bottlenecks, and increase factory output capacity, while also building an enterprise ontology to serve as an operational digital twin. The partnership comes as Palantir reported $1.935 billion in quarterly revenue for Q2 2026, a 93% year-over-year jump, and raised its full-year 2026 revenue guidance to $8.150–$8.158 billion. Mercury Systems, which operates on a shifted fiscal calendar, posted Q3 FY26 revenue of $236 million with record quarterly bookings of $348 million and a record backlog of approximately $1.6 billion, though it logged a GAAP net loss of $3 million. Hedge fund data shows 32 funds held Mercury Systems in Q1 2026, while Palantir was held by 96 funds.
Innodata Targets U.S. Federal AI Evaluation Market
Innodata Inc. is expanding its AI data-engineering and evaluation capabilities into the U.S. federal market, potentially opening a new growth avenue beyond frontier AI labs and large technology companies. Management sees growing demand from government agencies to evaluate, benchmark, and red-team increasingly capable AI models, and the company is already in discussions with government participants and agencies about potential partnerships. Innodata highlighted its representation in the TradeWinds marketplace as an advantage for federal procurement, and it released two public benchmarks in the second quarter designed to identify failure modes that conventional leaderboards miss. The company is also demonstrating its AI model for drone and small-object detection, which exceeded prior state-of-the-art benchmarks by 6.45%, to the government. Innodata faces competition from Palantir Technologies and Booz Allen Hamilton, which have strong federal relationships and overlapping AI assurance and red-teaming services, but management believes its frontier-lab-developed benchmarking and evaluation expertise provides differentiation. Innodata has not disclosed federal contract values or a revenue target, making near-term contribution difficult to quantify, though the runway appears meaningful. Shares of Innodata have gained 37.5% in the past six months, and the stock trades at a forward 12-month price-to-earnings ratio of 41.45, above the industry average, while the Zacks Consensus Estimate for 2026 sales and earnings implies year-over-year growth of 42.1% and 28.1%, respectively.
Palantir Stock Climbs as Enterprise AI Demand Keeps Growing
Palantir Technologies stock gained 1% on Wednesday morning as the company held its second AI Sovereignty Bootcamp, drawing nearly 100 organizations to broaden engagement with its artificial intelligence platforms. The latest event follows the first bootcamp on July 27, and together the two gatherings have attracted nearly 200 unique organizations in less than a month, including Dell, HCA Healthcare, SharkNinja and Zeta Global, with speakers from NVIDIA, Novartis, Cisco and NATO. Palantir also recently entered a partnership with Mercury Systems covering deployments across manufacturing and supply-chain operations, and a bullish analyst report reiterated a Buy rating, citing U.S. commercial total contract value growth of more than 150% year over year and remaining performance obligations that more than doubled.
Palantir's Sovereignty Bootcamps Draw Nearly 200 Organizations in Under 30 Days
Palantir Technologies announced its second Sovereignty Bootcamp in under 30 days, welcoming nearly 100 new organizations on the back of unprecedented demand for its inaugural event held on July 27. With nearly 200 unique organizations in attendance across both bootcamps, Palantir has enabled the accelerated onboarding of net new customers who recognize that getting started quickly is critical for their own institutional sovereignty. Customer speakers include NVIDIA, Novartis, Cisco, NATO, McCarthy Building Companies, Ondas Sentinel, and Rackspace Technology, while attendees include Dell, Eaton, SharkNinja, Freedom Mortgage, Moder, Jacobs, Tampa General, USA Today, Zeta Global, Mixology, HCA Healthcare, and Nscale. CEO Alex Karp said AI sovereignty is perhaps the paramount issue of our time, and Palantir's products serve as the foundation of partners' sovereignty over their alpha, including their data, insights, telemetry, and the training and ownership of their models.
Mike O'Rourke of JonesTrading warned on CNBC that the market is flying on one AI engine, with NVIDIA defensible at 45 times earnings but Palantir dangerously stretched at 246 times earnings. Target's transaction count declined 2.9% in Q4 and comparable store sales dropped 3.9%, while Ford is already absorbing roughly $2 billion in commodity headwinds and $1 billion in tariff impacts. Lee Baker noted bond markets signal danger while equities ignore it, with the 10-year Treasury at 4.63% near a 12-month high and the VIX near historic lows. O'Rourke said AI itself is fantastic but the valuations of these stocks are a bubble, and any deceleration in hyperscaler capex could compress multiples fast.
Palantir's 149% U.S. commercial growth dwarfs ServiceNow's steady AI expansion
Palantir's U.S. commercial revenue surged 149% year over year to $764 million in Q2, a growth rate that starkly separates it from ServiceNow's mid-20% subscription growth. ServiceNow reported total revenue of about $3.9 billion with subscription revenue up roughly 23% in constant currency, and its AI annual contract value crossed $1 billion, but growth remains tied to its large installed base. Palantir's total revenue rose 93% to about $1.94 billion, and it raised its full-year U.S. commercial forecast to more than $3.42 billion, implying at least 134% growth for 2026. ServiceNow's remaining performance obligations reached about $29 billion, with current RPO at about $13.2 billion growing just over 21%, underscoring its durability versus Palantir's hypergrowth.
Palantir Earnings Surge as CEO Attacks Frontier AI Rivals
Palantir Technologies reported second-quarter earnings that beat expectations and raised its full-year guidance, sending shares up 26% in early trading. Revenue grew 93% year over year, with U.S. commercial revenue jumping 150%, and cash flow margins reached 51%. CEO Alex Karp used the shareholder letter to sharply criticize OpenAI and Anthropic, arguing that Palantir's model-agnostic approach protects customers from having their data used to build competitors. The discussion also covered Caterpillar's expectation-smashing quarter, driven by AI-related infrastructure demand, and Spotify's mixed results, which showed strong user growth but missed revenue and earnings estimates.
Cathie Wood sells $11.6 million of surging Palantir stock
Cathie Wood, chief of Ark Investment Management, often locks in gains when her favorite tech stocks surge, and she has now sold $11.6 million of Palantir Technologies stock after the shares jumped more than 30% over the past month. Ark's funds sold 66,533 shares of Palantir on August 10, 12, and 13, based on the latest closing price of $174.04. The rally was fueled by Palantir's second-quarter earnings, which beat estimates with adjusted earnings of 41 cents a share and revenue up 93% year over year to $1.94 billion. Palantir also raised its full-year revenue guidance to between $8.15 billion and $8.16 billion. Wood has been actively trading Palantir, having increased her position in 2024, sold many shares in 2025, bought back some in June, and now selling again after the post-earnings rally.
Jim Cramer Says Palantir Deserves More Love After Surge
Jim Cramer said Palantir Technologies deserves a little bit more love after its massive surge, telling a Mad Money caller on August 11 that the company had a great quarter. Palantir posted adjusted non-GAAP EPS of $0.41, beating consensus by $0.06, with total revenue of $1.94 billion, up 94% year-over-year and $130 million above expectations. U.S. revenue jumped 115% to $1.573 billion, including 149% growth in U.S. commercial revenue to $764 million and 90% growth in U.S. government revenue to $809 million. Management raised full-year 2026 revenue guidance to between $8.150 billion and $8.158 billion, well above the $7.72 billion consensus, and lifted adjusted free cash flow expectations to between $4.5 billion and $4.7 billion. Michael Burry has doubled down on a bearish bet with long-dated put options expiring in late 2026 and March 2027, while hedge fund ownership rose to 96 funds in Q1 from 89 in the prior quarter.
GE Aerospace Defense Unit Revenue Rises 16% in Second Quarter
GE Aerospace's Defense & Propulsion Technologies segment grew revenue 16% year over year in the second quarter of 2026, following 19% growth in the first quarter. The segment's operating profit rose 18% to $475 million, and orders increased 12% year over year. Growth was driven by propulsion and additive technologies, critical aircraft systems, and aftermarket services, supported by contracts from Turkish Aerospace Industries, Boeing Defence UK, and a multi-year partnership with Palantir Technologies. For 2026, GE expects the segment's revenue to increase in the low-double-digit range. GE Aerospace shares have gained 25.3% in the past three months, and the company carries a Zacks Rank #3 (Hold).
Palantir Raises 2026 Revenue Guidance After Strong Q2
Palantir Technologies raised its full-year 2026 revenue guidance to between US$8.15 billion and US$8.16 billion after reporting second-quarter sales of US$1.94 billion and net income of US$1.06 billion. Management reiterated expectations for GAAP profitability each quarter, citing strong demand for its AI platforms. The company also announced a new agreement with Mercury Systems to embed its software into U.S. defense manufacturing workflows. Analysts note the raised guidance reinforces the AI adoption catalyst but sharpens valuation risk.
Zeta Global Q2 Earnings Beat, Raises Full-Year Guidance
Zeta Global reported second-quarter revenue of $442.8 million, beating analyst estimates of $420.7 million and representing 43.5% year-on-year growth. Adjusted EPS came in at $0.27 versus expectations of $0.19, while adjusted EBITDA reached $91.7 million, above the $86.44 million consensus. The company raised its full-year revenue guidance to $1.82 billion at the midpoint from $1.79 billion, and its EBITDA guidance to $405.2 million, above analyst estimates of $397.4 million. Management attributed the strong performance to accelerated adoption of its AI-powered Athena platform and partnerships with OpenAI, Palantir, and Snowflake. During the earnings call, analysts questioned executives about multi-use case adoption, partnership-driven go-to-market success, productization of ZBI use cases, expansion into business intelligence, and the impact of Palantir Foundry infrastructure on Athena users.
Palantir shares soar 30% after 'otherworldly' quarter
Palantir Technologies shares jumped 29.5% Tuesday, their second-best day ever, after the company posted what CEO Alex Karp called an 'otherworldly' second quarter. Revenue rose 93% to $1.94 billion, beating the $1.80 billion analysts expected, while commercial revenue jumped 149% to $764 million. Palantir raised its full-year guidance for the second time this year, from an original forecast under $7.7 billion to $8.15 billion and now $8.16 billion. Net income hit $1.07 billion, and adjusted earnings per share came in at 41 cents, up from 13 cents a year ago. The company had 96 hedge fund holders as of Q1 2026, up from 89 the prior quarter.
Archer Aviation Partners with Boeing in Strategic eVTOL Deal
Archer Aviation announced a strategic partnership with Boeing on August 10th, acquiring Wisk Aero, Insitu, and SkyGrid in exchange for a 19.75% equity stake in Archer. The deal immediately adds $200 million in annual revenue from Insitu and expands Archer's defense and air traffic management capabilities. Archer is also advancing a dual-use hybrid autonomous VTOL with Anduril and building an AI and connectivity stack with Palantir, NVIDIA, and SpaceX's Starlink. The company is the first to pass phase 3 of the FAA's four-phase certification process and plans early commercial operations later this year, with United Airlines ordering up to $1 billion in aircraft and Archer selected as the official air taxi provider for the 2028 Los Angeles Olympics.
Palantir Technologies reported second-quarter revenue of $1.94 billion, a 92.8% year-on-year increase that beat analyst estimates by 6.7%, and raised its full-year revenue guidance to $8.15 billion at the midpoint from $7.66 billion. Adjusted earnings per share came in at $0.41, surpassing the $0.35 consensus, while adjusted EBITDA reached $1.20 billion with a 62.1% margin. Management attributed the strong performance to surging demand for its artificial intelligence platform across U.S. commercial and government sectors, with billings up 86% year on year to $1.99 billion. During the earnings call, analysts questioned executives on topics including customer feedback from a sovereignty boot camp, the traction of AI sovereignty solutions, vendor lock-in risks, and the nature of recent large deals, with CEO Alexander Karp emphasizing the company's flexible model and strong employee retention.
Palantir AI drives US military targeting in Iran as missile bottleneck emerges
Palantir Technologies is reported to be the primary operating system behind the U.S. military's AI-driven targeting in Iran through the Pentagon's Maven Smart System. The system is rapidly increasing the speed and volume of target identification, while existing missile production capacity is creating a bottleneck in execution. This gap between AI-enabled targeting and missile availability is raising fresh questions about U.S. defense planning, supply chains, and dependence on Palantir's software. The development reinforces the thesis that Palantir's platforms are becoming core infrastructure for U.S. defense, highlighting software dependency and high switching costs.
Rackspace targets 30-megawatt AMD AI deployment by end of 2028, aiming for $450M-$600M annual revenue
Rackspace Technology has entered into a definitive agreement with AMD to deploy an initial 30 megawatts of AMD-based compute across its data centers in phases from late 2026 through 2028. The first deployment of nearly 2 megawatts is targeted for completion by the end of 2026, with capital expenditures of approximately $75 million. Management expects to average $15 million to $20 million in revenue per megawatt deployed, implying $450 million to $600 million in annual revenue at full deployment, and EBITDA margins in the 50% plus range. The company also strengthened its partnership with Palantir and appointed Pranav Nambiar as SVP and GM for AI Infrastructure. Second-quarter GAAP revenue was $670 million, up 1% year-over-year, and full-year revenue guidance of $2.45 billion to $2.55 billion was maintained.
Palantir, General Motors, and Bloom Energy raise guidance in Q2 earnings season
Palantir, General Motors, and Bloom Energy have raised their guidance during the Q2 earnings season. General Motors posted adjusted EPS of $3.57 on sales of $48.0 billion, beating consensus estimates, and raised its full-year 2026 EBIT adjusted guidance for the second time this year along with its adjusted EPS guidance. Palantir's revenue surged 93% year-over-year to $1.94 billion, with total contract value closing at $3.4 billion, up 49% year-over-year, and it lifted its full-year 2026 revenue guidance to a range of $8.150 billion to $8.158 billion, reflecting 82% year-over-year growth. Bloom Energy reported record quarterly revenue of $1.07 billion, growing 166% year-over-year, driven by demand for its solid-oxide fuel cell systems from U.S. hyperscalers and AI data center operators, and raised its full-year 2026 revenue outlook to a range of $3.9 billion to $4.2 billion.
Cathie Wood's Ark Invest Pours $36.9 Million Into SpaceX Amid Portfolio Rotation
Cathie Wood's Ark Invest purchased roughly $36.9 million of SpaceX shares across four funds last week, marking the largest single-company buy in the period. The firm also added about $13.2 million of CoreWeave, $13.1 million of Cerebras, and $17.6 million of Nvidia, while increasing crypto exposure with approximately $39 million of Circle and $17 million of Coinbase. On the selling side, Ark unloaded roughly $96 million of Roblox and about $21 million of Palantir, signaling a rotation away from some software winners toward space, AI infrastructure, and crypto. The SpaceX buying followed the company's first public earnings report, which showed revenue jumping 92% year over year to $7.8 billion.
Palantir CEO warns businesses may not get enough value from AI spending
Palantir CEO Alex Karp warned that companies may not be getting sufficient economic value from their growing reliance on artificial intelligence, criticizing the dependence that can develop around major AI providers. In a CNBC interview, Karp argued that businesses could spend heavily on AI models and computing capacity without gaining greater control over the technology or retaining enough of the value it creates, pointing to OpenAI and Anthropic as examples of frontier AI companies whose commercial models could deepen that dependence. He said businesses should consider whether additional AI usage is producing measurable improvements before committing to larger spending, and promoted the use of open-weight AI models that give organizations more flexibility. Karp has previously criticized the economics of paying for AI tokens, and Palantir has supported open AI models in national-security discussions, arguing that greater access to adaptable systems can have strategic value.
Palantir Q2 Revenue Surges 93% as Rule of 40 Hits 155%
Palantir Technologies reported second-quarter revenue of $1.935 billion, a 92.83% year-over-year increase, with adjusted operating margin expanding to 62% and its Rule of 40 score reaching 155%. U.S. commercial revenue accelerated 149% to $764 million, and management raised fiscal 2026 revenue guidance to between $8.150 billion and $8.158 billion. The stock trades at a trailing price-to-earnings ratio of 147 and a price-to-sales ratio of 67, while insider activity across 70 recent transactions skewed toward selling. CEO Alex Karp aims to sustain U.S. commercial growth at current rates for the next 18 months, a target that if met would make the current $172 share price appear cheap, but if missed could compress the multiple rapidly.
Innodata Reports Q2 2026 Earnings Beat, Raises Full-Year Revenue Growth Guidance to 40% or More
Innodata Inc. reported adjusted earnings per share of $0.41 for its second quarter of 2026, up 105% year over year and beating the Zacks Consensus Estimate by 95.2%, while revenues climbed 58% to $92.14 million, surpassing estimates by 7%. The company's largest customer accounted for 37% of total second-quarter revenues, down from 56% in the first quarter, and Big Tech customers represented 34%, up from 17% in the prior quarter. Adjusted gross margin expanded to 49% from 40% a year ago, and adjusted EBITDA jumped 91.6% to $25.36 million. Management reiterated its full-year 2026 revenue growth forecast of 40% or more year over year, and the Zacks Consensus Estimate for current-year earnings has improved 9.1% over the last 30 days. Innodata also announced a partnership with Palantir Technologies to provide data engineering and annotation capabilities for Palantir's AI platform deployments.
Palantir Stock Surges Nearly 40% After AI-Fueled Earnings Blowout
Palantir Technologies shares soared nearly 40% last week after the data analytics company reported second-quarter revenue jumped 93% year over year to $1.9 billion, driven by a 149% surge in U.S. commercial revenue to $764 million and a 90% increase in U.S. government revenue to $809 million. Adjusted operating income rose 62% to $1.2 billion, and adjusted earnings per share of $0.41 easily beat Wall Street estimates of $0.35. CEO Alex Karp said the company serves as a safer alternative to working directly with AI model developers, giving customers maximal control over their data. Palantir raised its full-year revenue target to nearly $8.2 billion, with U.S. commercial revenue growth expected to be at least 134%, and projected adjusted operating income of roughly $4.9 billion in 2026.
BofA, JPMorgan, Oppenheimer Name Their 3 Favorite AI Stocks, One Has a $255 Target
Bank of America, JPMorgan, and Oppenheimer analysts have named Palantir Technologies, Amazon, and Lam Research as their top AI stock picks following strong quarterly results. Bank of America’s Mariana Perez Mora reiterated a Buy on Palantir with a $255 price target after US commercial revenue surged 149% year over year, and the company raised full-year guidance to at least 134% US commercial revenue growth. JPMorgan’s Doug Anmuth raised Amazon’s target to $365 from $330, citing AWS revenue growth of 37% and a backlog that climbed to $496 billion. Oppenheimer’s Edward Yang kept a Buy on Lam Research with a $400 target, noting management raised its 2026 wafer fabrication equipment spending outlook to the low-$150 billion range and he increased 2027 and 2028 estimates by 7% to 9%.
Zeta Global raises full-year guidance after 44% revenue jump
Zeta Global reported second-quarter revenue of $443 million, up 44% year over year, and raised its full-year outlook across revenue, profit, and cash flow. Adjusted EBITDA rose 56% to $92 million, and the company returned to GAAP profitability with net income of $8.2 million. Full-year revenue guidance was increased by $33 million at the midpoint to $1.818 billion, while adjusted EBITDA guidance was raised to $405 million and free-cash-flow guidance to $255 million. The company highlighted accelerating AI adoption, with 40% of super-scaled customers becoming monthly active users of its Athena conversational AI offering within 130 days of availability. Zeta also expanded beyond marketing through its Zeta Business Intelligence offering and partnerships with OpenAI, Snowflake, and Palantir.
Palantir revenue surges 93% while Salesforce posts steady 13% lift
Palantir reported a 92.83% revenue surge on August 3, 2026, while Salesforce posted a 13.27% increase on May 27, 2026, highlighting contrasting enterprise AI strategies. Palantir's U.S. commercial revenue reached $764 million, up 149% year over year, and U.S. government revenue hit $809 million, up 90%, with the company closing 73 deals of at least $10 million. Salesforce's Agentforce annual recurring revenue reached $1.2 billion, up 205%, and the company executed a $25 billion accelerated share repurchase funded by debt that increased noncurrent liabilities to $39.3 billion. Palantir raised its fiscal 2026 revenue guidance to between $8.15 billion and $8.158 billion, implying 82% growth, while Salesforce guided fiscal 2027 revenue to between $45.9 billion and $46.2 billion. Palantir trades at a price-to-earnings ratio of 139, and Salesforce trades at a price-to-earnings ratio near 22.
About 86% of the more than 440 S&P 500 companies that have reported second-quarter results beat analysts' estimates, pushing stock indexes to fresh highs and easing concerns that the record rally relies too heavily on a small group of artificial intelligence companies. The index is on course for its seventh consecutive quarter of double-digit earnings growth, with blended earnings up roughly 50%, the strongest growth since the stimulus-driven recovery in 2021. Energy-sector earnings rose more than 147%, driven by higher oil prices linked to the Iran war, while communication services gained around 117%, consumer discretionary 92%, and technology 70%. Upbeat results from Palantir Technologies, Caterpillar, and Walt Disney helped major indexes post their strongest weekly gains since April, and AI spending continued to drive results across sectors, with Amazon shares jumping 15% in one session after cloud-computing sales accelerated and Microsoft adding a record $450 billion in market value. Still, earnings growth remains concentrated, as Alphabet and Amazon accounted for about 71% of the increase in blended S&P 500 earnings since July, and excluding them would reduce growth from about 50% to 32%. Valuations also remain elevated, with the S&P 500 trading at around 28 times trailing earnings, above its 10-year average of 22.5.
SpaceX, Palantir earnings and weak jobs data drive markets to record highs
Wall Street ended the week higher, with the Dow and S&P 500 closing at record highs as investors weighed corporate earnings and weaker-than-expected U.S. payrolls data. U.S. nonfarm payrolls fell by 23,000 in July, missing expectations for an 88,000 increase. SpaceX reported strong revenue growth in its first earnings as a public company but its stock dropped 14% after plans to sharply increase AI infrastructure spending, with capital expenditures climbing to $18.4 billion. Palantir posted results well above expectations and raised its full-year outlook, sending its stock up roughly 37% for the week. Amazon's market capitalization surpassed $3 trillion for the first time following a strong post-earnings rally.
Palantir Partners with Nvidia on Sovereign AI Operating System
Palantir is pairing its mission-critical software with advanced AI hardware from Nvidia to create a secure operating system for governments and enterprises. The partnership aims to build a sovereign AI platform that could strengthen Palantir's competitive moat. The analysis examines whether this move supports Palantir's premium valuation.
All 16 technology stocks reporting this week beat EPS estimates
All 16 technology companies that reported quarterly results this week delivered earnings per share that exceeded Wall Street expectations, while 15 of them also beat revenue forecasts and one missed on the top line. Among the notable names, Palantir Technologies shares surged over 29% after it raised full-year guidance on strong second-quarter results, while Advanced Micro Devices slipped despite record revenue and profitability as investors had hoped for a larger guidance increase. Sandisk fell about 7% after mixed forward guidance overshadowed better-than-expected fiscal fourth-quarter numbers.
86% of S&P 500 reporting firms top EPS estimates as 79% post Y/Y profit growth
Eighty-six percent of S&P 500 companies that have reported quarterly results so far beat earnings-per-share estimates, while 79% posted year-over-year profit growth. Out of 133 reporting firms, 114 topped consensus EPS forecasts, 15 fell short, and 4 met expectations, with 105 delivering higher earnings than a year ago. On the revenue side, 97 companies exceeded sales projections and 36 missed, while 110 achieved year-over-year top-line expansion. Notable movers included Palantir Technologies, which rallied 29.5% after revenue soared 94% to $1.94 billion, and Advanced Micro Devices, which dropped 7.04% despite a 50% revenue surge to a record $11.54 billion. Other highlights featured CVS Health raising its full-year 2026 adjusted EPS guidance to $7.90–$8.10, Pfizer lifting its 2026 revenue forecast to $60.5 billion–$62.5 billion, and Disney reaffirming its roughly 12% full-year adjusted EPS growth outlook while boosting its fiscal 2026 buyback target to at least $9 billion.
Wall Street rallies after July jobs loss kills Fed rate-hike case
The U.S. economy shed 23,000 nonfarm payrolls in July, triggering Wall Street's best week since April as investors concluded the Federal Reserve's next move would no longer be a rate increase. Private employers added 30,000 jobs, well short of the 78,000 expected, while May and June figures were revised down by a combined 103,000, and average hourly earnings rose just 3.2% year-over-year, the slowest pace since 2021. The S&P 500 rallied 3.5% for the week and the Nasdaq 100 jumped 4.8%, while gold surged 7.5% to $4,347.70 an ounce, its strongest week in seven months. Among individual stocks, Coherent Corp. soared 43.5% on peer results and a JPMorgan price-target increase, Palantir Technologies rose about 29% after second-quarter revenue climbed 93% to $1.94 billion and full-year guidance was raised to $8.15 billion, and Zebra Technologies posted a 45% earnings beat with adjusted earnings of $6.35 a share. On the downside, The Trade Desk lost roughly a quarter of its value after third-quarter guidance of at least $650 million fell far below the $805 million expected, Honeywell Aerospace cut its full-year organic sales growth outlook to 4%-5% from 7%-9%, and DaVita fell 17% despite beating estimates because it reaffirmed an outlook whose midpoint sat below consensus. Attention now turns to the July consumer price index on August 12, with economists expecting headline inflation to ease to 3.4% and core inflation to slow to 2.5%.
Palantir Technologies Stock Surges Again on Renewed Software Optimism
Palantir Technologies stock surged as much as 9.9% on Friday, extending a rally that began after the company reported its 12th consecutive quarter of accelerating revenue growth. The data-mining and AI specialist's second-quarter revenue of $1.94 billion rose 93% year-over-year, its highest ever growth rate, driving adjusted earnings per share up 156% to $0.41. The broader software sector also got a boost as several enterprise software companies, including Twilio, reported better-than-expected results, easing fears that AI would decimate the software business. Twilio's stock jumped as much as 31% after it posted record profits and cash flow, helping convince investors that AI won't immediately displace enterprise software. Palantir's triple-digit profit growth helps justify its valuation at 74 times next year's expected earnings.