The GraniteShares 2x Long PLTR Daily ETF surged 18% as Palantir Technologies shares rallied on a weak jobs print that reduced near-term rate hike odds. Palantir stock rose 9% to $169.42, extending a 28% weekly gain after reporting Q2 revenue of $1.94 billion, up 93% year-over-year, and raising full-year revenue guidance to $8.15-$8.158 billion. The leveraged ETF, which targets twice Palantir's daily return, gained 45% in the post-earnings window but remains down 51% over the past year due to volatility decay, while Palantir fell only 13% over the same period.
