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Palantir smashes expectations with $1 billion Q2 revenue as CEO boasts that skeptics have been 'bent into a kind of submission'

1. Palantir's Q2 revenue reached $1 billion, exceeding forecasts. 2. U.S. revenue surged 55% year-over-year, boosted by government contracts. 3. The company secured a 10-year $10 billion deal with the U.S. Army. 4. Commercial revenue almost doubled to $628 million; government revenue rose 53%. 5. Full-year revenue guidance increased to over $4 billion, indicating strong demand.

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FAQ

Why Very Bullish?

The strong earnings and contracts signal robust future growth, reminiscent of Palantir's previous high-growth phases.

How important is it?

The article highlights key financial metrics and contracts that are likely to significantly influence PLTR's market performance.

Why Long Term?

Large contracts and revenue guidance adjustments indicate sustained growth, impacting long-term investor confidence.

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