PBOC holds symposium with foreign financial institutions; Pan Gongsheng says appropriately accommodative monetary policy will be implemented well

Palantir Technologies reported second-quarter revenue growth of 92.83% year-over-year to $1.935 billion, with adjusted profits per share of $0.41 beating the $0.28 consensus estimate. U.S. commercial sales jumped 149%, underscoring demand for the company's AI software, while the stock has risen more than 60% from its June low of $106.37 to a recent $207.52. That surge has put valuation back at the center of the debate, with the shares trading around $183.03 in the most recent report against a 12-month price target of $185.99 set by 24/7 Wall St. CEO Alex Karp said he expects sovereign AI demand to buoy growth in line with or above the U.S. commercial business over the next 18 months, and analysts logged 26 positive revisions to fiscal 2027 EPS projections in the prior 30 days with no lower revisions. The next catalyst will be whether Palantir can keep expanding its commercial business and profitability at a high pace while the stock's value remains elevated.

Meta's new AI agent, Muse, helped a user recover $250 in flight credits and rebook a new flight after an eight-hour delay, according to a first-hand account from In the Loop host Ejaaz Ahamadeen. The agent identified the delayed flight details and the correct compensation filing channel within five minutes, and the $250 in e-credits was deposited into the user's Delta account shortly after. Muse, currently available only for iOS in the United States, has held the number one spot on Apple's productivity and free App Store charts since launching two weeks ago. The agent is positioned as a new interface for interacting with the wider web, shifting the role of operational driver from the human to the AI. Meta's Muse introduces what the account describes as a new App store-like model, challenging the long-held monopoly Apple has had over app distribution.