Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index.
Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index.
For the June quarter, Palantir posted revenue of $678 million, ahead of Wall Street’s consensus of $653 million as tracked by FactSet. Adjusted profit was 9 cents a share, above Wall Street’s 8-cent estimate.
Palantir shares fell as much as 7% in extended trading on Monday after the defense-technology firm reported weaker-than-expected guidance.
Palantir Technologies Inc. won a new Army contract involving artificial intelligence, the company said Tuesday. The contract supports the Combatant Commands (COCOMs), Armed Services, Intelligence Community and Special Forces as those groups “continue to test” AI capabilities, Palantir said in a release.