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Palantir revenue surges 92.8% to $1.94 billion as valuation draws scrutiny

Verifying
  • Palantir reported second-quarter revenue of $1.94 billion, up 92.8% year over year.
  • Shares opened Monday at $186.29 within a $106.37-to-$207.52 52-week range.
  • The Department of Defense is pursuing program-of-record status for Palantir’s Maven Smart System.
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