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Palantir Heads Into Nov. 3 Earnings Test as Bulls Bet on a Rebound

Optimists cite contract momentum alongside a quick fix to U.S. Army concerns.

Overview

  • The company is expected to report third-quarter results on Nov. 3.
  • Market commentary suggests the report could lift shares, noting prior post-earnings pops including Q2 in August.
  • Palantir said issues flagged in an internal U.S. Army memo about a battlefield communications network were identified and resolved quickly.
  • Recent deal activity includes a U.K. government partnership that could involve up to about $1.8 billion for defense work.
  • Shares recently dipped on potential semiconductor tariff headlines that could raise AI inference costs and pressure margins.