Tag Archives: Palantir

By Chavi Mehta (Reuters) -Palantir Technologies Inc lowered its annual revenue forecast to below market estimates after the data analytics software company reported a surprise quarterly loss on Monday, sending its shares down 15%. The company had to temper its revenue forecast as the timing of some government contracts remained uncertain, Chief Executive Alexander Karp said, calling the uncertainty “frustrating.” The large size of the government awards and the long-drawn procurement procedure… Source link

COLUMBIA, Md. & DENVER, November 15, 2021–(BUSINESS WIRE)–BigBear.ai, a leading provider of artificial intelligence, machine learning, big data analytics, and cyber solutions, and Palantir Technologies Inc. (NYSE: PLTR), a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments, today announced that they have entered into a commercial partnership under which BigBear.ai’s and Palantir’s products will be integrated to… Source link

DENVER, November 09, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the third quarter ended September 30, 2021. Q3 2021 Highlights Total revenue grew 36% year-over-year to $392 million Added 34 net new customers in Q3 Commercial customer count grew 46% quarter-over-quarter US commercial revenue grew 103% year-over-year Cash flow from operations of $101 million, representing a 26% margin Adjusted free cash flow of $119 million, representing a 30%… Source link

This article was originally published on Simply Wall St News Palantir Technologies ( NYSE:PLTR ) shareholders have done very well over the last year, with the share price soaring by 136%. Even though the company is currently unprofitable, investors are putting a lot of faith in the growth and future value of Palantir. The company just won a US$823m contract from the U.S. Army , and we wanted to examine the cash capacity of the company to withstand expenses until reaching profitability. Thus,… Source link

Heading into a new trading week, Pfizer Inc. (NYSE: PFE), Alibaba Group Holding Limited (NYSE: BABA), Nvidia Corp. (NASDAQ: NVDA) and Moderna Inc. (NASDAQ: MRNA) are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum. What Happened: Pfizer has emerged as the most-discussed stock on the forum with 106 mentions, followed by exchange-traded fund SPDR S&P 500 ETF Trust (NYSE: SPY) with 102 mentions, data from Quiver Quantitative showed. Chinese e-commerce giant… Source link

DENVER, August 12, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the second quarter ended June 30, 2021. Q2 2021 Highlights Total revenue grew 49% year-over-year to $376 million US commercial revenue grew 90% year-over-year Closed 62 deals of $1 million or more, of which: 20 net new customers added in Q2 2021, total customers up 13% quarter-over-quarter Commercial customer count increased 32% quarter-over-quarter Cash flow from operations of $23… Source link

Palantir recognized for its groundbreaking COVID-19-fighting work among AWS Global Public Sector partners DENVER, Jun 17, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) announced today that it was named as a 2021 Global AWS Partner Network (APN) Public Sector Partner Award winner for its Palantir platform in its work to combat COVID-19. The AWS Global Public Sector Partner Awards recognize leaders in the channel playing a key role helping customers drive innovation and build… Source link

Cathie Wood’s Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firm’s ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session. Here’s a list of 39 stocks that the hedge fund bought and sold on Thursday. Trades For Ark Fintech Innovation ETF (NYSE: ARKF): Opendoor Technologies Inc (NASDAQ: OPEN): Bought 468,600 shares of the online real estate company, representing… Source link

TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link