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Posted by
Two Blokes May 8 -
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Stock
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Palantir Technologies reported impressive Q1 results, beating Wall Street revenue estimates and raising FY 2025 guidance due to robust U.S. commercial segment growth and AI product uptake. Despite impressive revenue and operating income growth, Palantir shares dropped 12%, indicating market fatigue and concerns over high valuation at 151X forward earnings. PLTR's customer acquisition surged, with a 39% year-over-year increase, driven mainly by U.S. commercial clients, contributing to significant revenue gains.
