Palantir (PLTR) Soars 9% On a Beat-and-Raise

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Cathie Wood's ARK Adds ~$140M of Palantir (PLTR) Stock Through All Six Active ETFs

August 13, 2021 8:59 AM EDT

Cathie Wood's ARK added 5,602,325 shares of Palantir (NYSE: PLTR) on Thursday after the software company reported earnings. PLTR stock was added through all six of ARK's active ETFs - ARKF, ARKG, ARKK, ARKQ, ARKW, ARKX.

The value of the purchases was about $139.4... More

Palantir's shares jump as large contracts boost revenue forecast

August 12, 2021 7:23 AM EDT

(Reuters) -Shares of Palantir Technologies Inc jumped about 12% after the U.S. data analytics company forecast current-quarter sales above expectations, thanks to large contracts it secured from corporations and government agencies.

The company, which beat Street estimates for second-quarter revenue, said it closed 62 deals worth $1 million or more, booked over $900 million in total contract value and added 20 net new customers during the three months.

Co-founded in 2003 by tech... More

Palantir (PLTR) Tops Q2 EPS by 1c, Offers Guidance

August 12, 2021 7:01 AM EDT

Palantir (NYSE: PLTR) reported Q2 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $376 million versus the consensus estimate of $353.23 million.

GUIDANCE:

Palantir sees Q3 2021 revenue of $385 million, versus the consensus of $376.4... More