💨 Abstract

Palantir shares increased by over 14% on Tuesday after raising its annual revenue forecast for the third time. The data analytics firm is a major player in the AI boom, with a stock price doubling this year. Strong demand for its AI platform, used for data analysis and code testing, drove the increase. Palantir's commercial revenue also rose significantly, indicating growth in the private sector.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖