Palantir shares pop 10% after company posts strong earnings and outlook
1. Palantir's Q4 earnings outpaced estimates, boosting shares over 15%. 2. Revenue grew 36% YoY in Q4, indicating strong market demand. 3. CEO Karp cites AI as a key growth driver for the company. 4. Commercial revenue surged 64%, highlighting Palantir's expanding market position. 5. Stock price has increased 340% in 2024, showing investor confidence.