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Palantir shares surge 51% in August as revenue jumps 93%

Verifying
  • Palantir shares climbed 51% in August, outperforming the Technology Select Sector SPDR Fund.
  • $1.94 billion in second-quarter revenue rose 93% year over year and exceeded projections by $130 million.
  • Palantir raised its 2026 revenue forecast to $8.15 billion and won a $192 million Army agreement.
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