Palantir Surges on Strong AI-Driven Earnings and Raised Forecasts

Company's Q2 results exceed expectations, driven by high demand for AI solutions, but analysts remain divided on long-term growth.

Palantir's Q2 revenue rose 27% year-over-year to $678 million, beating estimates.
The company raised its full-year revenue forecast to $2.74-$2.75 billion.
U.S. commercial revenue saw a significant 55% increase, while government revenue grew 23%.
Some analysts are skeptical about the sustainability of Palantir's growth, citing potential headwinds.
CEO Alex Karp emphasized the company's commitment to supporting U.S. interests in the Middle East.