Palantir blasted Street earnings forecasts late Monday, with revenues rising 36% from the prior-year period to $827.5 million, thanks in part to a surge in demand for its AI-relat

Palantir's strong performance and promising future outlook make it a compelling long-term investment, despite its high valuation and potential risks. Read more here.

Palantir Technologies reported strong revenue growth last quarter as the company that made its name providing software to the U.S. government said demand for its artificial intelligence products continues to expand.

Palantir Technologies ( PLTR -4.48%) was one of the hottest artificial intelligence stocks on the market last year. Its 340% return in 2024 made it the single best-performing member of the S&P 500 ( ^GSPC -1.46%). However, Dan Ives at Wedbush Securities sees the stock moving even higher. And he recently gave shareholders two reasons to be thrilled:

Palantir Technologies Inc. saw its shares jump as much as 22% in extended trading on Monday after the company reported fourth-quarter earnings and revenue that surpassed analysts’ expectations. Thestrong results,