You can't spell gains without "AI" In the fourth quarter, Palantir generated revenue that accelerated to 36% year over year (and 14% sequentially) to $828 million. This resulted i

Palantir Technologies (PLTR), a software company that specializes in big-data analytics, will release its Q4 financials on February 3. PLTR

Palantir Technologies reported strong revenue growth last quarter as the company that made its name providing software to the U.S. government said demand for its artificial intelligence products continues to expand.

SoundHound AI develops voice AI systems for automotive, retail, and healthcare organizations. Palantir's market cap is now larger than iconic companies like Starbucks, Pfizer, and Citigroup. There are thousands of publicly traded stocks,

Palantir (NASDAQ: PLTR) is one of the hottest artificial intelligence (AI) stocks out there. Compared to today's stock price of around $75, that represents a 40% downside. It's not often that a stock is priced this much over analysts' targets.

Key Takeaways Palantir Technologies shares soared to an all-time high Tuesday, a day after the company's outlook blew past analysts' expectations on strong demand for its Artificial Intelligence Platform.

Shares of Palantir (NASDAQ: PLTR) were flying higher on Tuesday. They gained 22.8% as of 3:40 p.m. ET but were up as much as 27.7% earlier in the day. The leg up comes as the S&P 500 gained 0.7% and the Nasdaq composite gained 1.

What Happened? Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 26.9% in the morning session after the company reported impressive fourth-quarter results, which blew past analysts' billings,

Palantir's Q4 results were astounding, "eviscerating" (their words in the press release) the consensus. I looked that up—it means "disemboweling." Revenue skyrocketed 36% YoYr, and its free cash flow (FCF) margin hit 63%—both disemboweling consensus estimates.