💨 Abstract

Palantir shares surged 17% to a record high on Tuesday, following the third revenue forecast increase for the year. The data analytics firm's AI platform saw strong demand for debugging, AI testing, and evaluating scenarios. Palantir's commercial revenue also increased by 54% as it expands its customer base in the private sector. However, analysts caution that potential challenges in sales execution or growth could impact the stock's valuation.

Courtesy: theprint.in

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