Tuesday, 04 August 2026 · World
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EUROS The World Financial Report
Nº 24 Tuesday, 04 August 2026 · World Edition
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Palantir climbs 27% on 'otherworldly' AI demand; Karp tells shareholders business has 'Marxist' values

mint - markets · 1h ago · 🇮🇳 India
Palantir climbs 27% on 'otherworldly' AI demand; Karp tells shareholders business has 'Marxist' values

Palantir Technologies' shares surged after raising its financial outlook, expecting up to $4.91 billion in adjusted income driven by strong AI demand. The company is also projecting sales of up to $8.16 billion, exceeding analyst estimates, despite challenges in European markets.

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